Fourth, there is no consideration of efficiency or comparative cost in the selection of 'key' sectors by reference to multiplier indices.doi:10.5539/ibr.v4n1p208BEKHET, HUSSAIN ALICanadian Center of Science and EducationInternational Business Research...
temporary shocks. Regarded widely as the cornerstone of Keynesian thought, the book challenged the established classical economics and introduced important concepts such as the consumption function, the multiplier, the marginal efficiency of capital, the principle of effective demand and liquidity preference...
From the methodological point of view, in this work not only endogeneity (via instrumental variables estimates), but also spatial spillovers are taken into account. According to the results, the magnitude of the multiplier could be rather limited. On the other hand, there is clear indication ...
In the literature, the construction of technical coefficients is linked to flow data (use and make matrices), but stochastics are imposed on the coefficients when multipliers are calculated, by means of the Leontief inverse. Due the nonlinearity of this operation, the multiplier estimates are biased...
Productivity: The term productivity in economics can be defined as the rise in aggregate production level by the firms operating in the market. Along with this rise in production, there is a reduction in time and efforts to produce the ...
It is found that employment multiplier for renewable energy sources such as solar power generation is more than that of coal. However, employment multiplier for wind is found to be less than coal or gas. Coal being the dominant source of fuel in power generation, has high share in employment...
Small businesses also help the economy moneywise by all the investments and their starting of the multiplier effect. Entrepreneurship is also an opportunity for minorities immigrants. and women to be…... EmploymentInnovationSmall BusinessUnemployment Communication Barriers Between Employers and Employees ...
10.THEMARGINALPROPENSITYTOCONSUMEANDTHEMULTIPLIERTheInducementtoInvest11.THEMARGINALEFFICIENCYOFCAPITAL12.THESTATEOFLONG-TERMEXPECTATION13.THEGENERALTHEORYOFTHERATEOFINTEREST214.THECLASSICALTHEORYOFTHERATEOFINTERESToAPPENDIXONTHERATEOFINTERESTINMARSHALL'SPRINCIPLESOFECONOMICS,RICARDO'SPRINCIPLESOFPOLITICALECONOMY,AND...
R. V. ([1952] 1958) ‘Investment, income and the multiplier in an underdeveloped economy’, in: A. N. Agarwala and S. P. Singh, The Economics of Underdevelopment, pp. 205–218. Delhi: Oxford University Press. Google Scholar Sen, A. K. (1981) Poverty and Famines. An Essay in ...
Chapter 10 THE MARGINAL PROPENSITY TO CONSUME AND THE MULTIPLIERBOOK Ⅳ THE INDUCEMENT TO INVESTChapter 11 THE MARGINAL EFFICIENCY OF CAPITALChapter 12 THE STATE OF LONG-TERM EXPECTATIONChapter 13 THE GENERAL THEORY OF THE RATE OF INTERESTChapter 14 THE CLASSICAL THEORY OF THE RATE OF INTEREST ...