Zobrazeno 1 - 10
of 134
pro vyhledávání: '"John McCombie"'
Publikováno v:
PSL Quarterly Review, Vol 73, Iss 295 (2021)
RThe debate about whether technical progress causes technological unemployment, as the Luddites argued in the early 19th century, has recently resurfaced in the context of new technologies and automation and the so-called Fourth Industrial Revolution
Externí odkaz:
https://doaj.org/article/807933cd3d9c40989f534524f875d388
Autor:
Jesus Felipe, John McCombie
Publikováno v:
Economia e Sociedade, Vol 17, Iss spe, Pp 655-675 (2008)
It has long been known that, because of aggregation problems and the Cambridge Capital Theory Controversies, the aggregate production function cannot theoretically exist. Nevertheless, the concept is still widely and uncritically used, presumably bec
Externí odkaz:
https://doaj.org/article/d973f977e23f4d1e9f915a5a39882f61
Autor:
Jesus Felipe, John McCombie
Publikováno v:
Journal of Post Keynesian Economics. 43:470-513
Growth models in the tradition of Solow and Romer are framed in terms of production functions. Consequently, they are equally subject to a criticism developed by, among others, Phelps Brown, Simon,...
Publikováno v:
Structural Change and Economic Dynamics. 52:408-417
This article seeks to reassess the empirical literature on real exchange rate misalignment and growth in light of the extensive discussion about the relationship between income distribution and growth in developing economies. We state that the dynami
Publikováno v:
SSRN Electronic Journal.
The possible endogeneity of labor and capital in production functions, and the consequent bias of the estimated elasticities, has been discussed and addressed in the literature in different ways since the 1940s. This paper revisits an argument first
Publikováno v:
Structural Change and Economic Dynamics. 46:70-77
This study extends structural decomposition analysis (SDA) to consider the substitution between domestic and imported inputs. The approach provides a detailed investigation of the consequences on economic growth following changes in countries’ supp
Autor:
Marta Spreafico, John McCombie
Publikováno v:
Papers in Regional Science. 97:133-149
This paper discusses the implications of Brexit for both the UK and its regions, as the latter depends on the former. We concentrate on the forecasts by Her Majesty's Treasury (HMT), the Cambridge Centre for Business Research and the Economists for B
Autor:
Guilherme R. Magacho, John McCombie
Publikováno v:
Cambridge Journal of Economics. 42:917-934
This paper estimates the Verdoorn law (the relationship between productivity and output growth) for manufacturing industries for 70 developed and developing countries. It tests the hypothesis that the various manufacturing industries exhibit differen
Autor:
John McCombie, Guilherme R. Magacho
Publikováno v:
Journal of Post Keynesian Economics. 40:600-621
According to Verdoorn’s law, productivity growth is endogenous to output growth, due to the existence of increasing returns to scale, broadly defined. Such an idea is at the root of both the endoge...
Autor:
João Prates Romero, John McCombie
Publikováno v:
Metroeconomica. 69:366-395
The contribution of this paper is threefold. First, it proposes general specifications for export and import functions that encompass the contributions of both Kaldorian and Schumpeterian literatures on the determinants of trade performance. Second,