Economic determinants

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  • The discipline of economics has developed principles, theories, and models that isolate the most important determinants of economic events. In constructing a model, economists make assumptions to eliminate unnecessary detail to reduce the complexity of economic behavior. Once modeled, economic behavior may be presented as a relationship between dependent and independent variables. The behavior being explained is the dependent variable; the economic events explaining that behavior are the independent variables.

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  • At the start of the twenty-first century, international aspects of economics remain as important and controversial as ever.

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  • ABSTRACT. Scholars have long suspected that political processes such as democracy and corruption are important factors in determining economic growth. Studies show, however, that democracy has only indirect effects on growth, while corruption is generally accepted by scholars as having a direct and negative impact on economic perfor-mance.

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  • The dominant model of the ¢rm in Western economies is the limited liability company owned by shareholders, but the form varies signi¢cantly between countries. In some countries the control rights of the owners are limited by powers given to stakeholders who may share in the appointment and supervision of managers and in the determination of the enterprise’s objectives. In Germany, for example, large companies recognize the role of workers and other groups by giving them half the positions on the supervisory board that oversees the management board (Douma 1997).

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  • ESSAYS ON FINANCIAL ECONOMICS Further research with large-scale voucher programs will be needed to determine whether administrators of effective schools are rewarded by increased demand in the choice regimes that these policies create.

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  • TWO ESSAYS IN INTERNATIONAL ECONOMICS: AN EMPIRICAL APPROACH TO PURCHASING POWER PARITY AND THE MONETARY MODEL OF EXCHANGE RATE DETERMINATION I adopt a different strategy: I compare housing markets that differ in the strength of the residential location-school assignment link, and I develop simple reduced-form implications of parental valuations for the across-school distribution of student characteristics and educational outcomes as a function of the strength of this link.

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  • The growth of investments in mutual funds around the world has widely increased during the past few decades, leading to fierce competition in the industry. Investors now have a wide range of products to choose from, which makes their investment decision more complicated than before. Although there are many factors in their decisions, performance still seems to be a determining factor (see Ippolito, 1992; Capon et al., 1996; Sirri and Tufano, 1998).

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  • The purpose of the study was to analyze the current practice of shrimp farming in the north central Vietnam, to evaluate the status of agricultural production and economic conditions - social and environment, and determine the limit application of better management practices. The report presents the results of a survey of 90 shrimp farmers in north-central provinces of Vietnam (Ha Tinh, Nghe An and Thua Thien-Hue). Shrimp production costs mainly by feeding (average 65% of total cost) for different varieties of food between provinces.

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  • Imagine that you are hired by your state government to evaluate the effectiveness of a publicly funded job training program. Suppose this program teaches workers various ways to use computers in the manufacturing process. The twenty-week program offers courses during nonworking hours. Any hourly manufacturing worker may participate, and enrollment in all or part of the program is voluntary. You are to determine what, if any, effect the training program has on each worker’s subsequent hourly wage....

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  • The mountainous area occupies three fourth of the total area of Binh Dinh Province. The potential of landuse is very large. However, under the influence of irrational exploitation and natural disasters in the past, the land resource has declined, thus leading to the decline of forest resource. Furthermore, the increase of unused land and bare hills along with the decrease in the cultivated area seriously influenced on the ecological environment as well as the socio-economic development.

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  • The Toulouse School of Economics regularly appears as number one in Europe in rankings based on publication records. Econphd.net ranked TSE among the best in Europe across all economics fields (first in the world in the economics of information, and second in the world in industrial organization). Faculty members are recognized as leaders in their fields and have published many books and articles in top academic journals.

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  • It is however the risks that banks run on the economic side of the equation. Banks -contrary to companies- cannot reduce their “costs” of production for the products they sell: risk products. They cannot reduce the reward to the depositors below the market level, otherwise they lose deposits. Banks’ input costs are fixed and their output income is depending on their own risk selection, but also on the state of an economy, in other words variable. Companies can adjust their input costs if sales do not materialise.

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  • On the other hand, in order to know the level of economic freedom of each country, the annual study by the Heritage Foundation and Wall Street Journal, Index of Economic Freedom 2008, is used. In this edition the study continues implementing the changes of the previous edition, but also added some more information about the tax load for the people. Due to this change in the study, for its interanual comparison this report uses the updated data of 2007 with the information included in the 2008 index in order to avoid differences distorting the reality....

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  • The present study aimed at evaluating the apparent digestibility of rice bran, corn meal and cassava meal for grass carp (Ctenopharyngodon idella). The digestibility of nutrients of these plant-ingredients were determined using the indirect method with the incorporation of Cr2O3. Rice bran appeared to have a high digestibility of dry matter (80.3%), protein (87.9 %) and ash (97.4 %) for grass carp. Corn meal has also high digestibility of dry matter (88.9%), protein (84.9%) and ash (92.7%).

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  • This chapter introduces the theory of supply and demand. It considers how buyers and sellers behave and how they interact with one another. It shows how supply and demand determine prices in a market economy and how prices, in turn, allocate the economy’s scarce resources.

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  • In this chapter you will learn the meaning of the elasticity of demand, examine what determines the elasticity of demand, learn the meaning of the elasticity of supply, examine what determines the elasticity of supply, apply the concept of elasticity in three very different markets.

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  • After completing this chapter, students will be able to: See how a budget constraint represents the choices a consumer can afford, learn how indifference curves can be used to represent a consumer’s preferences, analyze how a consumer’s optimal choices are determined,...

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  • We now return to the study of international trade and take up these questions. Over the past several chapters, we have developed many tools for analyzing how markets work: supply, demand, equilibrium, consumer surplus, producer surplus, and so on. With these tools we can learn more about the effects of international trade on economic well-being.

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  • In this chapter you will see how economic growth differs around the world, consider why productivity is the key determinant of a country’s standard of living, analyze the factors that determine a country’s a country’s, examine how a country’s policies influence its productivity growth.

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  • In this chapter you will learn why some markets have only one seller, analyze how a monopoly determines the quantity to produce and the price to charge, see how the monopoly’s decisions affect economic well-being, consider the various public policies aimed at solving the problem of monopoly, see why monopolies try to charge different prices to different customers.

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