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  • 1
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 24 (1971), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Arrow, Kenneth J., and Kurz, Mordecai: Public Investment, the Rate of Return, and Optimal Fiscal Policy.Benveniste, Guy: Bureaucracy and National Planning.Bieda, Ken: The Structure and Operation of the Japanese Economy.Dunning, John H.: Studies in International Investment.Einzig, Paul: The Case against Floating Exchanges.El Mallakh, Ragaei: Economic Development and Regional Cooperation: Kuwait.Fehlbaum, Rolf Peter: Saint-Simon und die Saint-Simonisten.Friedrichs, Günter (Hrsg.): Computer und Angestellte.Graf, Kurt: Die zolbolitischen Zielsetzungen im Wandel der Geschichte.Hansen, Niles M.: Rural Poverty and the Urban Crisis.R. Hickel (Hrsg.): Karl Marx, Bas Kapital. Kritik der politischen Ökonomie.Horvat, Branko: An Essay on Yugoslav Society.Hunter, L. C., Reid, G. L., and Boddy, D.: Labour Problems and Technological Change.Kruse-Rodenacker, Albrecht, und Dumke, Horst, unter Mit arbeit von Götz, Niklas: Kapitalhilfe.Lachmann, L.M.: The Legacy of Max Weber. L'entreprise publique et la tarification.Levinson, Jerome, and De Onís, Juan: The Alliance That Losts Its Way.Levitan, Sar A.: Programs in Aid of the Poor for the 1970's.Löwenstein, Julius I.: Vision und Wirklichkeit. Marx contra Marxismus.Luckenbach, Helga: Wirtschaftswachstum und internationaler Handel.Lutz, Vera: Central Planning for the Market Economy.McDougall, I.A., and Snape, R.H. (Eds.): Studies in International Economics.Meade, James Edward: The Theoy of Indicative Planning.Nowotny, Ewald: Regionalökonomie – Eine Übersicht über Entwicklung, Probleme und Methoden.O'Brien, D. P.: J. R. McCulloch. A Study in Classical Economics.Ott, Alfred E.: Einführung in die dynamische Wirtschaftstheorie.Plate, Roderich: Agrarmarktpolitik.Robbins, Lionel: The Evolution of Modern Economic Theory.Rueff, Jacques: Le Péché Monétaire de l'Occident.Sauermann, Heinz (Hrsg.): Beiträge zur experimentellen Wirtschafts-forschung.Schneider, Erich: Joseph A. Schumpeter.Schulz-Hanssen, Klaus: Die Stellung der Elektroindustrie im Industrialisierungsprozess.Scitovsky, Tibor: Money and the Balance of Payments.Siegrist, Johannes: Das Consensus-Modell.Södersten, Bo: International Economics.Wilczynski, Janusz: The Economics of Socialism.
    Type of Medium: Electronic Resource
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  • 2
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 24 (1971), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: The paper is concerned with the conditions for existence and stability of the steady-state growth path in a two-sector model with fixed factor coefficients, and their correspondence to the respective conditions for the usual neoclassical model so well scrutinized. The analysis displays the strong resemblance of these conditions in both models. Especially, a sufficient condition for local stability in the neoclassical model comes out as the necessary condition for global stability in this model. And once more the capital-intensity hypothesis is of crucial importance. Of course, the conditions referring to substitution possibilities must be abandoned, but otherwise, as in the neoclassical framework, if only the capital-intensity condition is satisfied, the conditions ensuring the uniqueness of the momentary equilibrium, also suffice for the global stability of the ensuing steady-state path. The analysis gives reasons for this coincidence by explicating the relation-ships which render this result.
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  • 3
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 24 (1971), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Type of Medium: Electronic Resource
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  • 4
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 24 (1971), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Type of Medium: Electronic Resource
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  • 5
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 24 (1971), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Type of Medium: Electronic Resource
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  • 6
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 24 (1971), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Type of Medium: Electronic Resource
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  • 7
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 24 (1971), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: A generalized model of the firm is presented, which considers two goals of the firm (profits and revenue) rather than profits alone. It is assumed that the firm maximizes a utility function containing profits and revenue variables as arguments and hence our model is more general than Baumol's constrained-sales-maximization (CSM) model. The system can be extended to include additional goals in a straightforward manner.With respect to the profits and sales utility maximization model, it is shown that, if the marginal utility of revenue is positive-and regardless of the form of the utility function, (a) the product price is not likely to be less than the competitive price under profit-maximization, (b) the marginal products of the factors are forced down below the neoclassical level in the same proportion, for given degrees of market-imperfections, (c) the marginal rate of substitution equilibrium conditions are identical to those derived under profit-maximization, (d) labor and capital incomes are benefited at the expense of the owners of the firm, etc.The model lends itself to empirical estimation and econometric testing. In fact, firms' goal structures are estimable (provided the form of the utility function is specified) if one uses the marginal productivity equilibrium relationships. If the marginal rate of substitution equilibrium relationships form the basis of the econometric specifications, then goal structures are not estimable but production and market condition-type phenomena are estimable. Hence our approach is heuristic in that it provides a clear guide to research strategy.
    Type of Medium: Electronic Resource
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  • 8
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 24 (1971), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: Durch den Föderalismus wird sichergestellt, class in einer heterogenen Gesellschaft das Angebot von öffentlichen Gütern durch den Grundsatz der Souveränitat der Bürger bestimmt werden kann. Im Modell der reinen Demokratie kommt eine solche föderative Struktur spontan zustande. Die konkurrierende Parteien auf den oberen föderativen Ebenen können durch eine Reduktion des Umfangs ihrer Programme die Unterstützung von Minoritäten gewinnen, ohne ihre bisherigen Anhänger zu verlieren, deren Bedürfnisse jetzt auf anderen föderativen Ebenen befriedigt werden. Schliesslich werden alle Entscheidungen einstimmig gefasst; daher ist das zustande gekommene Gleichgewicht Pareto-optimal. Durch das Prinzip der Einstimmigkeit wird die Grenze des Angebots der verschiedenen öffentlichen Giiter determiniert.
    Type of Medium: Electronic Resource
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  • 9
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 24 (1971), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Type of Medium: Electronic Resource
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  • 10
    Electronic Resource
    Electronic Resource
    Oxford, UK : Blackwell Publishing Ltd
    Kyklos 24 (1971), S. 0 
    ISSN: 1467-6435
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Sociology , Economics
    Notes: The analysis relates the labor market, capital market, and money market of an economy in aggregate terms. A feature is that the savings rate from non-labor income is assumed different (higher) than that from labor income. Consequently, as total employment varies at different wage rates, and total output is redistributed between labor and non-labor (capital), aggregate savings and investment vary. If the effective ex ante demand for investment and consumption goods exceeds national output, prices rise, effective stock of money declines, interest rates rise, savings increase and demand for investment goods falls. Given human propensities to work, save, hoard, etc., it is shown that the prices on goods, money, and labor all relate in a particular way that should tend to equilibrium. (Assuming different savings rates on different factor incomes means that the traditional savings-to-income schedule is a non-construct.)
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