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The Great Experiment: Public–Private Partnerships and Innovation in Design, Production, and Operation of Capital Goods in the UK

Andrew Davies and Ammon Salter

in Flexibility and Stability in the Innovating Economy

Published in print:
2006
Published Online:
May 2006
ISBN:
9780199290475
eISBN:
9780191603495
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199290474.003.0004
Subject:
Economics and Finance, Economic Systems

Public-Private Partnerships (PPPs) are becoming the key mechanism for the design, production, and operation of capital goods in the UK public sector and elsewhere. This chapter focuses on the central ... More


Microeconomic Building Blocks

Brett M. Frischmann

in Infrastructure: The Social Value of Shared Resources

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199895656
eISBN:
9780199933280
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199895656.003.0004
Subject:
Law, Environmental and Energy Law

This chapter provides a detailed discussion of microeconomic concepts that serve as building blocks for the demand-side analysis developed in Part II and applied in Parts III and IV. The concepts are ... More


Towards More Disaggregated Models

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

Returns to the neoclassical model where the full employment of resources and labour is automatically attained and the Rule of Profitability and the Rule of Free Goods control behaviour of activities ... More


Economic Implications of the ‘Revolution’

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0006
Subject:
Economics and Finance, Development, Growth, and Environmental

The neoclassical model so far examined in the book assumes, among other things: (a) that firms can be classified into two or several industries, each producing a single output; (b) that capital goods ... More


Investment: The Cost and Availability of Finance

R. C. O. Matthews, C. H. Feinstein, and J. C. Odling‐Smee

in British Economic Growth 1856-1973: The Post-War Period in Historical Perspective

Published in print:
1982
Published Online:
November 2003
ISBN:
9780198284536
eISBN:
9780191596629
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198284535.003.0012
Subject:
Economics and Finance, Economic History

A favourable trend in the supply price of finance (SPOF) schedule for domestic investment between pre‐1914 and the post‐war period can be inferred from the fact that in the post‐war period the rate ... More


Multiple Equilibria in a Dynamic Two Country Model

Kazumichi Iwasa and Kazuo Nishimura

in Dimensions of Economic Theory and Policy: Essays for Anjan Mukherji

Published in print:
2011
Published Online:
September 2012
ISBN:
9780198073970
eISBN:
9780199081615
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198073970.003.0005
Subject:
Economics and Finance, Microeconomics

Some market distortional factors such as factor-generated externalities and imperfect competition can give rise to multiple equilibrium paths, or indeterminacy, in dynamic general equilibrium models. ... More


Wealth Effects *

Amitava Bose

in Dimensions of Economic Theory and Policy: Essays for Anjan Mukherji

Published in print:
2011
Published Online:
September 2012
ISBN:
9780198073970
eISBN:
9780199081615
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198073970.003.0009
Subject:
Economics and Finance, Microeconomics

The recent global financial crisis, triggered by a decline in housing prices, has drawn attention to a controversial issue: the importance of ‘wealth effects’ in macroeconomics. This chapter explores ... More


The Economics of Systems Integration: Towards an Evolutionary Interpretation

Giovanni Dosi, Mike Hobday, Luigi Marengo, and Andrea Prencipe

in The Business of Systems Integration

Published in print:
2005
Published Online:
September 2007
ISBN:
9780199263233
eISBN:
9780191718847
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199263233.003.0006
Subject:
Business and Management, Strategy

This chapter explores some theoretical elements of the economics of systems integration (and disintegration) by placing the idea of systems integration within the context of evolutionary economics. ... More


Stability Analysis of the Walras–Leontief System

Michio Morishima

in Equilibrium, Stability and Growth: A Multi-Sectoral Analysis

Published in print:
1963
Published Online:
November 2003
ISBN:
9780198281450
eISBN:
9780191596650
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281455.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter is concerned with the stability of the mixed Walras–Leontief general‐equilibrium system, to which a conventional analysis of stability of equilibrium is applied. The use of this method ... More


Property and Intellectual Property Exchanges (PIPEs) in China since the 1990s: An Analysis of the Emergence and Regulatory Resolution of PIPEs and Their Comparative Advantage Over OTC Markets

Heping Cao

in Law and Economics with Chinese Characteristics: Institutions for Promoting Development in the Twenty-First Century

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199698547
eISBN:
9780191745522
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199698547.003.0012
Subject:
Economics and Finance, South and East Asia, Macro- and Monetary Economics

This paper surveys a market instead of an agent in a market. Specifically, the survey examines how the individual agent’s behavior of an informal trading spot are forged into integrated action, ... More


Understanding the U.S. Trade Deficit: A Disaggregated Perspective

Catherine L. Mann and Katharina Plück

in G7 Current Account Imbalances: Sustainability and Adjustment

Published in print:
2007
Published Online:
February 2013
ISBN:
9780226107264
eISBN:
9780226107288
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226107288.003.0008
Subject:
Economics and Finance, Financial Economics

This chapter reports new estimates for the elasticity of U.S. trade flows using bilateral, commodity-detailed trade data for thirty-one countries, using measures of expenditure and trade prices ... More


Competing Media of Exchange

Ed Nosal and Guillaume Rocheteau

in Money, Payments, and Liquidity

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262016285
eISBN:
9780262298285
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016285.003.0010
Subject:
Economics and Finance, Econometrics

This chapter explores alternatives to fiat money. These include gold and silver commodities, or demand deposits, checkable mutual funds, and government securities. Assets such as capital, claims on ... More


Mathematical Models behind the Five Year Plans

K. L. Datta

in Growth and Development Planning in India

Published in print:
2021
Published Online:
January 2021
ISBN:
9780190125028
eISBN:
9780190991579
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190125028.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

Mathematical models have been used to spell out development priorities and determine sectoral growth profiles in the Five Year Plans. The models used in the pre-reform period belong to the family of ... More


From Artisanal Production to Machine Tools: Industrialization in India over the Long Run

Bishnupriya Gupta and Tirthankar Roy

in The Spread of Modern Industry to the Periphery since 1871

Published in print:
2017
Published Online:
March 2017
ISBN:
9780198753643
eISBN:
9780191815232
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198753643.003.0010
Subject:
History, Economic History, World Modern History

This chapter documents the decline and rise of industrial production in India. As the economy integrated into the British Empire’s global network, there was a rapid decline in artisanal and cottage ... More


The Economy: Time, Size, and Complexity

Martin Shubik and Eric Smith

in The Guidance of an Enterprise Economy

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262034630
eISBN:
9780262337540
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262034630.003.0006
Subject:
Economics and Finance, Econometrics

The first five chapters have been devoted to reformulating a pre-institutional static theory of general equilibrium, into considering an economy in terms of process where markets and other ... More


Capital Goods in the Roman Economy

Wim Broekaert and Arjan Zuiderhoek

in Capital, Investment, and Innovation in the Roman World

Published in print:
2020
Published Online:
March 2020
ISBN:
9780198841845
eISBN:
9780191877995
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198841845.003.0004
Subject:
Classical Studies, European History: BCE to 500CE

Research on the Roman economy and the possibility of Roman economic growth has focused on demographic structures, on market integration, on credit facilities, on technology and modes of organization, ... More


Industrial Policies in Latin America

Wilson Peres

in Pathways to Industrialization in the Twenty-First Century: New Challenges and Emerging Paradigms

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199667857
eISBN:
9780191749308
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199667857.003.0008
Subject:
Economics and Finance, Macro- and Monetary Economics

Industrial policies seek to change a country’s production structure, which implies the creation of new industries. In Latin America import substitution industrialization prioritized the creation of ... More


Natural and Reproducible Capital

Francesco Caselli

in Technology Differences over Space and Time

Published in print:
2016
Published Online:
January 2018
ISBN:
9780691146027
eISBN:
9781400883608
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691146027.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter examines possible factor biases in the way different countries use reproducible and natural capital, using an equation that also takes into account the bundle of capital goods which, ... More


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