A market economy is defined as a system where the production of goods and services are set according to the changing desires and abilities of the market players. It allows the market to operate freely in accordance with the law of supply and demand, set by individuals and corporations, as op...
In the same way, market prices are dependent on the interaction between sellers and consumers. The other alternative to market economies is command economies characterized by maximum government control and collective ownership of the means of production. Notably, most countries, such as the United ...
Sales of e-books and associated reading devices grew rapidly within the last years. With market shares up to 25 %, they already are an important part of the book industry. Due to the fact that e-books are digital goods traded in electronic markets, several challenges as well as opportunitie...
H Song,X Liu,P Romilly - 《International Review of Applied Economics》 被引量: 70发表: 1998年 Understanding the Volatility Characteristics and Transmission Effects in the Indian Stock Index and Index Futures Market volatility transmissionasymmetric GARCHThe present paper examines the characteristics of ...
经济学研究范式和现代市场经济的特性(Theparadigmofeconomicresearchandthecharacteristicsofmodernmarketeconomy)September2010First,theparadigmofeconomicresearchandthecharacteristicsofmodernmarketeconomyFirst,thecollisionanddevelopmentoftworesearchparadigmsofEconomics1.ThetracingandevolutionofthetwoparadigmsofEconomicsMarshallinthe...
The effect of capital market characteristics on the value of start-up firms. Journal of Financial Economics 72 (2), 319-356.Inderst, Roman, and Holger Muller (2004) 'The Effects of Capital Market Charac- teristics on the Value of Start-up Firms,' Journal of Financial Economics, 72 (2)...
economics degreeenrollmentsmexicoThis article documents trends in enrollment in undergraduate economics programs in Mexico in 1970–2007 and discusses the characteristics of the programs—particularly the typical curriculum and graduation requirements—and the entry of graduates into the job market. Recent ...
The profitability of a particular activity is, in theory, communicated by market signals that ultimately are a function ofsupply and demand. The higher the demand (or potential demand), the higher the profitability (or potential profitability). When the profitability is high, more people and busin...
A mixed economy typically combines the features of a market-based economy with a strong public sector. While most prices are set by supply and demand, the government may intervene in the economy by enforcing price floors or ceilings for certain goods, or by directing public funds to certain in...
Using the case study of Trinidad and Tobago we investigate for an emerging economy the socioeconomic, demographic, and attitudinal characteristics that influence the propensity of individuals in the household sector to participate in the hidden economy and their perception of the risk of detection by ...