Top Research Papers on Economics

To speak and understand a language means - among many other things - knowing the words of that language. The average speaker knows, hears, understands and uses thousands of words daily. But does he use them appropriately? That is why this paper is about words and meanings. More specifically, it deals with the internal structure of complex words, i.e. derivatives. The purpose of the paper is to enable students and potentially other individuals dealing with English language on business basis to engage in their own analyses of some aspects of the language, namely the family tree of the word econo...

Pursuant to the reproduction theory and the set theory the concept is derived that throughout the historical development of mankind five consecutive main types forms of society have emerged (called by the author – forms of the support sector): consumption, economy, economics, market economy and financial market economy. They are interrelated in such away, that each consecutive historical form creates and supplements a new reproduction phase incorporating all the preceding ones. Thus the historical development is indirectly reflected in the rationale of each consecutive form of society. Therefo...

The article analyses the current state of Russian scientific economic periodicals, defines the purposes of scientific journals publishing articles on Economics and Economic Sciences, in light of the problems of the Russian economy development. The role of "packaging" the scientific articles in the form of journal issues, which facilitates the reader's orientation in the world of scientific publications, is shown. The necessity of maintaining and expanding the populations of specialised and general economic journals as a kind of intermediary between readers and authors is substantiated. Particu...

Twenty years ago, Michel Callon edited The Laws of the Markets, a groundbreaking volume that substantially redefined economic sociology by resetting the relationship between sociology and economics (Callon 1998). Many articles in economic sociology at that time started (and still do today) with sharp criticism of neoclassical economics. The latter was censured for being overly simplistic and complex, overly reductionist and irrelevant. [First lines]

In economic topology,the economic equilibrium states are some stationary equilibrium regions in the static economics,and the analysis for the economic process is the dynamic economics.The stability and economic change curves are discussed by theory of qualitative analysis.Based on mathematics of the common restraint or promotion principle of the oriental economics,the commercial and economic evolutionism and dynamics are mathematically searched,which is analogy with the evolutionism of ecosystem.Various relations and changing pattern in the dynamic micro-economics are researched by the qualita...

ture, it is a surprise not to find a chapter on literature or the arts. Perhaps the modern scholar of comparative politics must not only change his classifications, but also introduce new categories. The text would benefit by being supplemented with readings in Chinese literature along the line of Jenner's Modern Chinese Stories, and Seybolt's Through Chinese Eyes. Because Ideology and Culture is built on many stilts, it is an excellent guide for the student of Chinese or comparative politics and provides many topics and ideas for fruitful discussion. It is a rich attempt to combine sensitivit...

EcoNoMIC theory, as we know it, was developed largely by utilitarians. Admitting the measurability and interpersonal comparability of utility and accepting the maximization of utility as an ethically desirable social goal, neoclassical economists were able to combine an instinctively human zeal for social reform with subjectively satisfactory scientific integrity. The positivist revolution has sharply disturbed this scholarly equilibrium. If utility is neither cardinally measurable nor comparable among persons, the economist who seeks to remain "pure" must proceed with caution in discussing so...

The aim of this article is to show that economic experts are not the product of one single social field, with one identity and one role. They are rather the product of a trans-epistemic discursive field. By a combination of discourse analytical tools from post-structuralism and a theory of symbolic power derived from Bourdieu's work, the contribution explores how economists occupy a powerful, hegemonic position in the global political economy. While classical approaches in Political Economy reduce power mainly to money and violence, this paper takes the recent debates on the cultural turn in P...

The economics of network reinforces and develops the modern economics and to be an important compose of modern economics.

This comprehensive and impressive volume presents the first book-length, multi-country investigation of reform of economic education in transition economies. Authors from the West and from transition economies describe the major changes in economics content and instruction that occurred in schools and universities throughout nations in Eastern and Central Europe and the former Soviet Union from 1989 to 2000.

Although retrospective economic voting does not require voters to have precise information about recent economic conditions, it is arguably the case that the quality of retrospective voting as a democratic accountability mechanism hinges on the degree to which citizens have reasonably accu rate perceptions of the state of the economy In this paper we test a model of the accuracy of individuals' perceptions of national economic condi tions. Utilizing data collected in a survey of residents of Milwaukee County, Wisconsin, during the 1992 presidential campaign, we depict perceptual accuracy as a ...

Part I. Financial Issues in Open Economies: Theory: 1. Crises: the next generation? Paul Krugman 2. Solutions to the 'devaluation bias': some preventive measures to defend fixed exchange rates against self-fulfilling attacks Chi-Wa Yuen 3. Growth enhancing effects of bailout guarantees Aaron Tornell 4. Risk and exchange rates Maurice Obstfeld and Kenneth S. Rogoff Part II. Financial Issues in Open Economies: Empirics: 5. Economic integration, industrial specialization, and the asymmetry of macroeconomic fluctuations Sebnem Kalemli-Ozcan, Bent E. Sorenson and Oved Yosha 6. Uncovered interest pa...

This study examines the impact of economic globalization on output growth of the Nigerian economy. Different econometrics techniques i.e. pre-estimation test, estimation techniques and diagnostic test such as Augment Dickey Fuller, Engel-Granger co-integration, Ordinary Least square, post estimation tests and Error Correction Model were carried out using the data sets within the period of 1970 and 2013. There exist a long-run relationship among exchange rate, interest rate, inflation rate, foreign direct investment (FDI), trade openness, and financial openness and real gross domestic product. ...

If you are not an economist or deeply trained in economics, you may well think what mainstreamers think of as the economy is quite strange. This sociologist argues it is also misleading.

Este trabajo hace una revisión de la evolución histórica del feminismo así como de los cambios y retos en las demandas sociales con enfoque de género en el contexto de los países desarrollados. Esas reflexiones se relacionan con los cambios en el pensamiento socialista y las luchas sociales en el capitalismo avanzando hacia la economía solidaria y feminista como alternativa ante la crisis capitalista actual.

Short-run price dynamics for Guatemala are analyzedusing a linear transfer function methodology. This approach has previously been employed for other national economies such as the United States, Mexico, Colombia, Ecuador, and Nigeria. The data for this study range from 1960 to 2010. Inflation is measured using the consumer price index. Explanatory variables include the monetary base, real output, interest rates, and the exchange rate. Allof the estimated coefficients exhibit the arithmetic signs hypothesized by the theoretical model. Almostall of the parameter estimates satisfy the 5-percent ...

In recent years a major undertaking has been under way in our country to improve the mechanism of socialist management. The need for a serious improvement in the laws regulating economic life is directly associated with it. Shortcomings in the legal regulation of economic activity were noted by Comrade L. I. Brezhnev, secretary general of the CPSU Central Committee, in his speech to voters on June 14, 1974. "Unfortunately, these questions were for a long time not given the attention they deserved, and as a result many unsolved problems were accumulated in this regard. Thousands of different di...

Book One: The Market System. Part 1: Economic Issues and Economic Models. Chapter 1: Economic Issues. Chapter 2: Economic Modelling. Part 2: Economic Agench. Chapter 3: People and Households as Economic Agents. Part 3: Competition and Market Power. Chapter 5: Strategic Competition in the Market. Chapter 6: Monopoly Power. Part 4: Evaluating Competition. Chapter 7: The Perfectly Competitive Market. Chapter 8: Competition and Industrial Policy. Part 5: Data and Economic Models. Chapter 9: Data Analysis and Modelling. Part 6: Money and Government. Chapter 10: Government in the Economy. Chapter 11...

S: INVITED SPEAKERS Luigi Guiso: The role of intuition and reasoning in driving aversion to risk and ambiguity Using a large sample of retail investors as well as experimental data we find that risk and ambiguity aversion are positively correlated. We provide correlational and causal evidence that a common link is decision mode: intuitive thinkers tolerate more risk and ambiguity than effortful reasoners. One interpretation is that intuitive thinking confers an advantage in risky or ambiguous situations. We present supporting lab and field evidence that intuitive thinkers outperform others in ...

Economy and economics are two most basic concepts in the field of social economy and economic research.The accurate understanding of these two concepts is the foundation for any research.Both economy and economics have diversified connotations but the key is to grasp their fundamental implication.The former is a generic term referring to the social production,exchange,distribution and consumption while the latter studies the whole social economy.

This two-volume set brings together a selection of key articles which examine the shadow economy and its relationship with underground activities. The set contains important work on surveys and conceptual considerations, theoretical approaches and policy implications. It further focuses on the empirical results of studies into the shadow economy, and considers tax evasion, tax compliance, tax morale and government institutions. This authoritative publication will be of interest to anyone seeking a comprehensive investigation into the shadow economy.

The following excerpt from a personal letter to one of thc editors is published with the writer's permission. It reflects impressions gained on a two-month visit to China last fall with an Italian delegation. Mr. Sylos Labini is Professor of Economics at the University of Catania, Sicily, and one of thc outstanding members of the postwar generation of Italian economists. He has studied at Harvard in this country and Cambridge in England, and is the author of an important study Oligopolio e Progresso Tecnico (Ologopoly and Technical Progress) which is now being translated into English and will ...

: The structure, size and development of the shadow economy in Switzerland is analyzed using different methods of estimation: A survey among experts, the discrepancy between various income measures, the participation rate approach, the money approaches, the structural and the causal methods. There is strong evidence that the Swiss shadow economy has grown between the end of the 50s and 1980. The size is esti ­ mated to be in the range between 3 % and 4 % of GNP in L975. Compared to other countries the shadow economy in Switzerland is estimated to be one of the smallest

Thank you to the Women in Economics Network for the invitation to speak at its ACT launch. It is an incredible honour. It is also very pleasing to see that this network has been formed. As I’ll discuss later in my talk, economics has struggled with an image – and a reality – of being a male-dominated profession. This is true both in Australia and in many other countries, and it is more of an issue in economics than in some other quantitative disciplines. Networks such as these are instrumental in helping to break down barriers. That’s needed, because there are considerable barriers to achievin...

The authors' positions on these issues demonstrate the limited ,scope of their analysis. If their arguments are taken as toward a more effective balance of interests in the existing system then the contribution is laudable. That is to say, the specific task of ensuring protection where appropriate, yet affording no more power than necessary, has been dealt with well. However, the material submitted is far from sufficient to speak to contemporary controversies such as the extension of patent protection. into new domains (e.g. biotechnology, software, business method), the inherent efficacy of i...

U ovoj znanstvenoj knjizi i sveucilisnome udžbeniku s naslovom Nacela ekonomije i ekonomike rezultati istraživanja sustavno su predoceni u sedam međusobno povezanih dijelova. U prvom dijelu, Uvodu, formulirani su znanstveni problem istraživanja, predmet i objekt istraživanja, postavljena je temeljna znanstvena hipoteza i pomocne hipoteze, naveden su svrha i ciljevi istraživanja koji su istraživanjima ostvareni, dana je opca ocjena dosadasnjih istraživanja, navedene su znanstvene metode koje su rabljene pri istraživanju i formuliranju rezultata istraživanja te je obrazložena struktura edicije. ...

This book challenges the interventionist stance of Islamic economics as well as its presumption that riba equals interest. An Islamic economy, it argues, is essentially a market economy, but it differs from capitalist economies because both its institutions and the structure of, for example, property rights are specifically Islamic, deriving from Qur'an and other sources of Islamic law. The book also focuses on the similarities and differences between riba and interest, establishes the often neglected connection between the two, and explores the ramifications of this connection for Islamic fin...

Economics Confronts the Economy is a challenging and unorthodox look at contemporary economic analysis. Philip Klein presents a highly reasoned and yet personal view of the state of economics today. While his views may be contentious to some, it is an accessible book that will provoke discussion and debate to a wide readership.

‘‘Change is inevitable,’’ and this phrase is true even to the most standardized discipline—economics. Economics is a materialistic subject that is not intended to bring material gain to those who study it. It is a discipline that deals with how humankind makes use of the productive and consumable resources of the world. It is concerned with the organization that has evolved for the purpose of providing a livelihood for people: an abstract mechanism. But sometimes a mechanism malfunctions; and some groups believe that a mechanism should be modified or that it should be scrapped and one with a d...

As the theoretical guidance of economic development, economics develops with people's understanding of the function of labor in wealth creation and manifests its class nature in each stage. The development of economics would harmonize with that of future economy only when it is guided by Marx's labor theory of value. Theorists of economic research should critically assimilate various doctrines to establish the economics of the laborers themselves.

As a kind of ideal economy modes, circulation economy can be acceptable. However, it is an inaccuracy concept because there are quite a few raw materials cannot be circled in natural resources. Seeing from the aspect of energy, we think it impossible to circle inside global ecological system. And we can draw the same conclusion only depending on the environmental elements. Accordingly, "economizing economy" is suggested to replace "circulation economy" and regarded as the maintainable economy mode, which contains intensive production that is the sufficient and reproducing utilization of resour...

This essay focuses on the larger implications of cryptocurrency and its role in the economy of the digital economy.

Polanyi analyzes the historical deployment of a “formal” economic science starting from the “market-scarcity-instrumental rationality triptych.” This triptych, and the knowledge associated with it, is shown to be more than merely a “substantial” economic science’s interest in the triptych “need-nature-institution.” While we must agree with Polanyi that economism is ill-suited to the first triptych, we hesitate to accept his suggested alternative, a heterogeneous mixture of naturalism and institutionalism, essentialism and historicism.

ABSTRACT This contribution considers how economic methodology and the philosophy of economics have evolved in the light of real experience in the economy. Philosophical and methodological discourse about economics has extended to the student movement and to the public arena as a result of the various recent crises facing the economy and society, and of economists’ response. This discourse has drawn particularly on heterodox philosophical/methodological analysis, which has continued to develop both within and beyond the specialist literature. There has been an increasing focus on issues surroun...

The article is devoted to the analysis of negative effects of the oil and gas industry on the environment in the northern region. It is noted that the prevalence of extractive industries in the structure of the regional economy ensures high living standards but affects the environment. The authors provide socioeconomic characteristics of regions depending on the industry prevailing in the structure of the gross regional product. The paper provides an analysis of the current state and structure of the regional economy of the Khanty-Mansi Autonomous Region - Ugra. It analyses flow data of some e...

Part-time work, with workers finding themselves in non-structured payroll jobs is not new. The purpose of this paper, intended for HR professionals, seeks to examine the growing phenomenon that is the U.S. gigging economy, and the opportunities and challenges facing the U.S workforce, inlight of disruptive technologies, creative destruction, and disruptive innovation, as the resultant technology displacement of workers continues to swell the ranks of the gigging workforce. This paper, synthesizing and representing a distillation of thought on the gig economy, examines among other things, the p...

The article starts by looking at the competitive advantage theory that was largely promoted by Michael Porter whose works have greatly influenced the first part of this article, and the implications and discrediting the comparative advantage theory, which has no place in modern economic thinking.

In this article authors first look at the relationship between market-based economic institutions and economic growth for transition economies. Though prior studies have found that those transition economies with a greater development of their financial infrastructure and other market-based conditions in the period prior to the transition era as well as during the transition period appear to achieve a greater growth in their GDP. However, some conflicting evidence remains if we look at the extensiveness and effectiveness of market-based economic institutions as these terms are defined by the E...

19th-century Egyptian population, Justin A. McCarthy the Egyptian revolution of 1919 - new directions in the Egyptian economy, Robert L. Tignor Bank Misr and the emergence of the local bourgeoisie in Egypt, Marius Deeb Soviet central Asia -economic progress and problems, Francis Newton recent economic growth in Iran, Hossein Askari and Shohreh Majin labour and trade unionism in Turkey - the Eregli coalminers, Delwin A. Roy the economics of exporting labour to the EEC - a Turkish perspective, Tansu Ciller.

Estonia suffered the deepest economic crisis of its history in 2007-2010; also, the crisis was one of the most troublesome ones among the member states of EU. The paper deals with main indicators describing the size and dynamics of the crisis and with the economic politics of government in the period. The latter one can be characterized by delay in giving estimation to economic processes and the lack of means against the crisis. At the same time government erected task to join euro at any price. The economic reactions were centred on it. The taxis were increased and the expenditures were cut d...

Biological economic form is the economic form based on research and development and application of biological technology and biological technology products and biological industry.Economic form is the pattern of manifestation of production method based on technological methods and reflection of technological methods.It reflects the essence characteristics of the whole economic system or economic structure based on the production methods.Understanding of evolution law and characteristics of economic form is of great significance to research into biological economic form.

In the wake of public concerns on the impact of the tumbling prices of oil on government revenue and expenditure in the 2015 budget, the Nigerian economy is an oil-dominated one and crude oil exports is a major source of revenue for the Nigerian government. However the sector has been hit below the belt by the recent fall in global oil prices, a development that could cripple the economy, following this there has been several calls from various sectors of the country for government to diversify the economy by increasing its non-oil exports, a move many see will free the country from its curren...

This is to certify that the thesis entitled ""SOCIO ECONOMIC IPMACTS OF SPECIAL ECONOMIC ZONES (SEZs) ON GUJARAT ECONOMY: AN ECONOMIC EVALUATION" Submitted by .tne to the Gujarat University, Ahmedabad, for the award of the degree of DOCTOR OF PHILOSOPHY in ECONOMICS, is a bonafied record of research work carried out by me under the supervision of Dr. Pradeep P. Prajapati. The contents of this thesis, in full or in parts, have not been submitted to any other institute or University for the award of any degree or diploma.

The decision of Qinghai Province in the future economic development must proceed from the reality of Qinghai,and identify the advantages of development to choose the development of positioning,identify the main obstacles to development constraints,play to our strengths,so that a more realistic idea of the development of ,feasibility. Therefore,the development characteristics of the economic,ecological and economic,circular economy is the economic development of Qinghai strategic choice.

The present study investigates the impact of economic and political freedom on economic growth in Asian economies. Thirty Four Asian countries have been included in empirical analysis over the period of 1995-2018, on annual basis. Two different econometric techniques, fixed effect model and GMM, have been applied to see empirical analysis. Economic freedom has positive and significant influence on economic growth. Political rights and civil liberties have optimistic and considerable influence on economic growth. The impact of human capital is positive and significant. The roles of physical cap...

The common view in the economics theory relating to the fact that economic freedom will raise labor productivity and it will provide effective use of scarce resources becomes a current issue with the increase in the number of papers investigating the effect of economic freedom on economic growth. One of the main reasons of the increasing number of those papers is that economic freedom can be measured quantitatively (numerically) through the indexes calculated by various institutions. In this paper, the relationship between economic freedoms and economic growth for some emerging market economie...

The present study of regional economic growth in Mexico is based on the new economic geography, where distance plays an important role in explaining urban regional economic growth. The results show that distance to the northern border of Mexico and labor migration between states of Mexico, after the passage of NAFTA are important factors that explain the regional state growth and agglomerations in Mexico between 1994 and 2000. The results also indicate that job growth and FDI are not significant for the period of study. Resumen. El presente estudio sobre el crecimiento economico regional en Me...

This paper aims to shed light on Malaysian economic development in light of demographics and politics while focusing on economic legislation that had the largest effect on the outlook of the nation known to the world today. Then the paper discusses the beginnings of how Islamic economics was introduced to the scene and how the industry developed wider and faster than most Islamic economies in the world. This paper also explains this rapid development in the context of the nation’s political-economic development. The paper is qualitative and analytical; it addresses developments up to 2017 alth...

The aim of this paper is to assess the importance of economic institutions, measured by an index built from the E.B.R.D. (European Bank for Reconstruction and Development) indicators, for the pattern of economic growth. Though it focuses on a particular set of transition economies, it is also related to the literature on institutional development and economic growth. Indeed it draws on the literature on the economics of transition, looking at the breakdown of the U.S.S.R. as an extremely powerful “natural” experiment. From an empirical point of view, the study takes into consideration the peri...

The concept of economic war, widely evoked since the end of 1980s, has indeed always remained vague, both on its contents and on its analytical foundations. It raises two main questions, first the function devolved to the economy in the political choices and second the opportunity of economic interventionism. The evocation in some political discourses of the necessity of a "Europe power" in front of United States and emerging countries may ensue from this perspective. On the other hand, the pure liberalism cannot admit the existence of an economic permanent war, as it would mean admitting both...