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1 - 10 van 28 voor commodity index level
Athena
... 2.15) where pc represents the consumption price index. given the error correction coefficient of 0.39 wages approach their long run level rather quickly. note that the error correction term ... assumption that geographic origin is a source for commodity differences.10 this technique assumes separable utility functions with respect to different commodity types. each goods category consists of a number ...
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Microsoft Word - cpbdoc194.doc
... international databases. the data on bilateral trade are derived from the international trade in commodity statistics (itcs), maintained by the oecd and the un. the time period additional bilateral ... provide import tariffs at the bilateral level, but only for 2001 and reason for this transformation is that this aggregate index is positively formulated, so a higher index entails more freedom of ...
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Microsoft Word - cpbdoc127.doc
... , hong kong, japan and korea. as a result, the level and dispersion of trade tariffs dropped substantially. foreign investments, ... oecd stan bilateral trade database and international trade by commodity statistics, revealed comparative advantages and the spatial dimension of ... flows (balassa, 1965). the most popular index for measuring them is the balassa index which gives the exports of a certain ...
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Microsoft Word - cpbdoc98
... knowledge does not require personal contact. tacit knowledge thus possesses characteristics of a normal' economic commodity in the sense that it is rival and excludable (and thus tradable on markets). ... sectors like food and textiles and leather where the codification index is relatively low. the codification variable is used in a firm-level regression analysis. results show that the use of other ...
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G:\data\pdf\lijesen\disc16.wpd [PFP#1221338023]
... individual retailer to add up to a normal' level, i.e. a level that is comparable to the standing charge in a ... 2 2 consumer price index 1 2 natural gas commodity price - small users medium and large users 5 4 electricity commodity price - small users 0 ... per unit prices follow developments in commodity prices and energy taxes. as both energy taxes and electricity commodity prices are expected to rise, ...
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gamma simulation model ageing pensions and public finances pdf
... marginal utility of the per-period commodity consumption (uc) becomes infinite as the commodity consumption approaches this minimum level.8 the positive leisure consumption guarantees positive commodity consumption as long as the price ... t) ple(t)ef (t)ef (j,t) (2.22) with ef the general productivity index. employment in efficiency units, le, is the aggregate over the different cohorts le(t) ...
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Microsoft Word - noordman.doc
... . there are three reasons for the chosen level of detail. first, it is the lowest level of aggregation consistent with macroeconomic figures. second ... accounts. on top of that, the so-called production index is added. this index is not derived from the profit- and loss accounts, ... the more so if its products have the character of a commodity (the larger the price elasticity of demand). the fixed costs ...
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Microsoft Word - cpbdoc91.doc
... the living standards of the population, and thereby the welfare level. the search for the fundamental determinants behind the growth ... endogenous.3 notice that human capital is a purely private commodity in this analysis. increases in human capital translate into higher ... labour-augmenting technological change it is assumed that the efficiency index for labour is identical for all firms and for all ...
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Microsoft Word - wd120.doc
... price theory tells us that a monopolist, facing a downward sloping demand curve for the commodity he offers, maximizes profits when he chooses price or quantity such that marginal revenue equals ... the general price level, at least on average. almost all price changes of the magazine publishers however exceed the 1993-1998 average annual change in the consumer price index implication is that ...
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memo104.pdf
... of the price, without affecting the underlying long term price level. 25 d. gately, opec's incentives for faster output growth, energy journal ... second year cumulative deviations in % oecd area gdp consumer price index 0.5 0.6 unemployment (% of labour force) 0.1 0 ... no. 306. domansky, d. and a. heath, 2007, financial investors and commodity markets, bis quarterly review, march, p. 53- 67. ecb, 2004, ...
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