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What Causes Industry Agglomeration?Evidence from Coagglomeration Patterns
Production Economics Industry Clusters Data and Data Sets Labor Theory
2015/5/14
Why do firms cluster near one another? We test Marshall's theories of industrial agglomeration by examining which industries locate near one another, or coagglomerate. We construct pairwise coagglomer...
Cross-Border Reverse Mergers: Causes and Consequences
Reverse Merger Corporate Law Corporate Governance Nevada United States
2015/4/27
We study non-U.S. companies that have used reverse mergers as a means to adopt U.S. corporate law (and sometimes U.S. securities law as well). Early adopters of cross-border reverse mergers and those ...
Abandonment of Construction Projects in Nigeria: Causes and Effects
Project abandonment project planning project financing
2011/6/1
This paper determined the causes and effects of abandonment of projects in Nigeria. Structured questionnaires were distributed to Quantity Surveyors, Civil Engineers, Architects, Builders, and Contrac...
Economists have long been interested in the origins of inequality between individuals and between groups. Richard Ely, the founder ofthe American Economic Association and the person honored by these l...
Statistical causes for the Epps effect in microstructure noise
Statistical Epps effect microstructure noise
2010/10/21
We present two statistical causes for the distortion of correlations on high-frequency financial data. We demonstrate that the asynchrony of trades as well as the decimalization of stock prices has a...
Fundamental defect of the macroeconomic thinking as one of the main causes of the crisis endured
macroeconomic thinking causes crisis endured
2010/10/19
The main points of the first section of the article written by S.I. Chernyshov, A.V. Voronin and S.A. Razumovsky arXiv:1003.4382), which deals with the fundamental bases of the macroeconomic theory, h...
Fundamental defect of the macroeconomic thinking as one of the main causes of the crisis endured
macroeconomic thinking crisis endured
2010/4/28
The main points of the first section of the article written by S.I. Chernyshov, A.V. Voronin and S.A. Razumovsky arXiv:1003.4382), which deals with the fundamental bases of the macroeconomic theory, h...
Causes and Consequences of Global Imbalances: Perspective from Developing Asia
Asia Global Imbalances
2009/9/1
Global current account imbalances are one of the key macroeconomic
imbalances that underlie the global financial crisis. The central objective of
this paper is to analyze the causes and consequences...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter XI Of the Rent of Land
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密
2009/2/12
1Rent, considered as the price paid for the use of land, is naturally the highest which the tenant can afford to pay in the actual circumstances of the land. In adjusting the terms of the lease, the l...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter X Of Wages and Profit in the Different Employments of Labour and Stock
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Stock
2009/2/12
The whole of the advantages and disadvantages of the different employments of labour and stock must, in the same neighbourhood, be either perfectly equal or continually tending to equality. If in the ...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter IX Of the Profits of Stock
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Stock
2009/2/12
The rise and fall in the profits of stock depend upon the same causes with the rise and fall in the wages of labour, the increasing or declining state of the wealth of the society; but those causes af...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter VIII Of the Wages of Labour
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Labour
2009/2/12
In that original state of things, which precedes both the appropriation of land and the accumulation of stock, the whole produce of labour belongs to the labourer.*1 He has neither landlord nor master...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter VII Of the Natural and Market Price of Commodities
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Market
2009/2/12
There is in every society or neighbourhood an ordinary or average rate both of wages and profit in every different employment of labour and stock. This rate is naturally regulated, as I shall show her...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter VI Of the Component Parts of the Price of Commodities
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密
2009/2/12
In that early and rude state of society which precedes both the accumulation of stock and the appropriation of land, the proportion between the quantities of labour necessary for acquiring different o...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter V Of the Real and Nominal Price of Commodities, or of their Price in Labour, and their Price in Money
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Money
2009/2/12
Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniencies, and amusements of human life.*1 But after the division of labour has once thoroughly t...