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Relevant bibliographies by topics / Neoclassical school of economies

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Academic literature on the topic 'Neoclassical school of economies'

Author: Grafiati

Published: 4 June 2021

Last updated: 1 February 2022

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Journal articles on the topic "Neoclassical school of economies"

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Mihalyi, Peter. "Kaldor and Kornai on economics without equilibrium – two life courses." Acta Oeconomica 67, s1 (September 2017): 47–66. http://dx.doi.org/10.1556/032.2017.67.s.5.

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Nicholas Kaldor and János Kornai are known in the academic literature as the most principled and unyielding opponents of the neoclassical, mainstream economics in general, and the Arrow-Debreu General Equilibrium Theory (GET) in particular since the beginning of the 1970s. Nevertheless, they remained in the minority camp with their views until today. The mainstream of the economic profession still holds that only the neoclassical paradigm offers a comprehensive, systematic, consistent and, above all, mathematical (hence “scientific”) description of how modern economies operate. This paper aims at investigating why these two prolific writers, who were friends and spoke the same mother tongue, did not find a common ground and did not even try to build a school of followers jointly.

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Mabid Ali Mohamed Mahmoud Al-Jarhi, Mabid Ali Mohamed Mahmoud Al-Jarhi. "Islamic Economics: An Agenda for Intellectual and Institutional Reform." journal of king Abdulaziz University Islamic Economics 32, no. 2 (July 7, 2019): 99–108. http://dx.doi.org/10.4197/islec.32-2.7.

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This article agrees with Reardon (2019), that economics finds itself in a predicament caused by the neoclassical school. The dominance of neoclassical economics and its lack of response to calls for reform has been endemic. Reform must include both the neoclassical analysis as well as the system of market capitalism it strives to defend. This paper briefly discusses both aspects of reform. It introduces the new school of analytical Islamic economics and its agenda to reform both the discipline and the economic system. The paper enumerates several advantages of Islamic economics to the economics discipline itself as well as the economy, in addition to bringing together intellectuals and scholars of economics, both from East and West, in a more communicative and inclusive group. In addition, the article makes some proposals towards opening the doors in-between the different schools of thought for positive as well as enriching intellectual interactions.

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Lawson, T. "What is this 'school' called neoclassical economics?" Cambridge Journal of Economics 37, no. 5 (June 20, 2013): 947–83. http://dx.doi.org/10.1093/cje/bet027.

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Buzgalin, A., and A. Kolganov. "Political Economy of Post-Soviet Marxism (Theses to Forming of Scientific School)." Voprosy Ekonomiki, no. 9 (September 20, 2005): 36–55. http://dx.doi.org/10.32609/0042-8736-2005-9-36-55.

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The limited ability of neoclassical "mainstream" to explain deep fundamental shifts in economic structures of the present day world determines the renaissance of alternative schools of economic theory, including Marxism. The article is aimed to show theoretical concepts of modern Russian neomarxism, which has a potential to explain the contradictions of the capitalist globalization, the tendencies of forming new types of socioeconomic relations, of the specific forms of transition economies in the post-socialist countries and basic causes of the birth and collapse of the socialist system.

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Mongiovi, Gary. "Emigré Economists and American Neoclassical Economics, 1933–1945." Journal of the History of Economic Thought 27, no. 4 (December 2005): 427–37. http://dx.doi.org/10.1080/10427710500370232.

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The rise of European fascism in the 1920s and '30s triggered the greatest migration of intellectual capital the world has ever known. This paper is concerned with the German-speaking economists who formed the core of the original Graduate Faculty of the New School for Social Research. Among émigré economists of the interwar period, those who found refuge at the New School exerted a distinctive influence on American economics, partly owing to their concentration at a single institution, and partly by virtue of the character and quality of their work. The paper has three aims: to provide an overview of the contributions of these economists, to assess their impact on American economics, and to account for the apparent evaporation of their legacy after the onset of the Cold War.

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Steve Keen, Steve Keen. "Economics: What to Do About an Unreformable Discipline?" journal of king Abdulaziz University Islamic Economics 32, no. 2 (July 8, 2019): 109–17. http://dx.doi.org/10.4197/islec.32-2.8.

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The 2008 crisis was an obvious anomaly for mainstream Neoclassical economic theory, and yet a decade after the crisis, the Neoclassical school still dominates the discipline and is largely unchanged. I argue that the separation of academic economics from the consequences of its empirical failures means that it is extremely unlikely that academic economics will be reformed. Instead, if change is to occur within economics, it will likely be led by institutions like central banks and treasuries which are under at least some pressure to produce useful economic forecasts. Apart from this, I hold out hope that emerging disciplines such as complex system analysis will supplant economics itself. I also encourage all would-be students of economics to join the Rethinking Economics network and teach themselves non-mainstream economics using the resources of the internet.

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Punzo, Lionello F. "The School of Mathematical Formalism and the Viennese Circle of Mathematical Economists." Journal of the History of Economic Thought 13, no. 1 (1991): 1–18. http://dx.doi.org/10.1017/s1053837200003369.

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The term revolution is normally used to indicate a sharp change in the direction of evolution of a given phenomenon, a catastrophe, in the jargon of modern dynamic theory. In this sense we often talk of the Newtonian revolution in physics or of a Neoclassical revolution in economics.

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Slade-Caffarel, Yannick. "The nature of heterodox economics revisited." Cambridge Journal of Economics 43, no. 3 (October 31, 2018): 527–39. http://dx.doi.org/10.1093/cje/bey043.

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Abstract This paper revisits the conception of heterodox economics advanced by Tony Lawson in 2006 and critically assesses its reception. I consider the bearing of later contributions—most importantly, his 2013 paper ‘What is this “school” called neoclassical economics’—in which Lawson further develops his analysis of heterodox economics. The goal is to provide additional clarity to the discussion.

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Martínez Hernández, Francisco A., and Víctor M. Isidro Luna. "CAPITALISM: COMPETITION, CONFLICT, CRISES, ANWAR SHAIKH." Investigación Económica 79, no. 311 (December 10, 2019): 137. http://dx.doi.org/10.22201/fe.01851667p.2020.311.72441.

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<p>In 1,024 pages, seventeen chapters, and divided in three books, plus seventeen appendixes, Anwar Shaikh, one of the leading scholars and a distinguished Professor of Economics at the New School for Social Research, presents a path breaking and monumental book which main objective is the unified study of the logic, history, dynamics, and crises of the capitalist system. Throughout this book, the author confronts his own perspective and method of the classical political economy with major schools of economic thought such as neoclassical, monetarist, and different branches of the post-Keynesian school...</p>

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Doner, Richard F. "The Rise of “The Rest”: Challenges to the West from Late-Industrializing Economies. By Alice H. Amsden. Oxford: Oxford University Press, 2001. 416p. $35.00." American Political Science Review 96, no. 4 (December 2002): 839–40. http://dx.doi.org/10.1017/s0003055402640468.

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Alice Amsden is one of the founders of the “statist” or “revisionist” school of East Asian economic development. Her earlier book, Asia's Next Giant (1989), refuted claims that growth in South Korea and other Newly Industrialized Countries was simply a function of high investment rates and correct prices, based in turn on the small-government fundamentals of stable, private property rights, macroeconomic stability, and trade liberalization. Amsden, along with others, emphasized the benefits of sector-specific state interventions distinctly at odds with neoclassical prescriptions.

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Dissertations / Theses on the topic "Neoclassical school of economies"

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Flatau, P. R. "Essays in the development, methodology and policy prescriptions of neoclassical distribution theory /." Murdoch University Digital Theses Program, 2006. http://wwwlib.murdoch.edu.au/adt/browse/view/adt-MU20091123.135256.

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Shotter, Magdalena. "The influence of Marshallian neo-classical economics on management accounting in South Africa /." Pretoria : [s.n.], 2005. http://upetd.up.ac.za/thesis/available/etd-08112006-160141.

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Thesis (D. Comm.(Financial management sciences))-University of Pretoria, 2005.
Summary in English. Includes bibliographical references (leaves 121-130). Available on the Internet via the World Wide Web.

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Duhamel, Marc. "Essays on second-best economic policymaking with price makers." Thesis, National Library of Canada = Bibliothèque nationale du Canada, 2000. http://www.collectionscanada.ca/obj/s4/f2/dsk1/tape3/PQDD_0017/NQ56535.pdf.

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Browning, Iain W. P. "Western Australian education policy and neo-classic economic influences /." Access via Murdoch University Digital Theses Project, 2002. http://wwwlib.murdoch.edu.au/adt/browse/view/adt-MU20051129.112230.

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Ferguson, James Montgomery. "Free riding, contribution behavior, and public goods : the case of the Virginia nongame wildlife tax checkoff /." Diss., This resource online, 1990. http://scholar.lib.vt.edu/theses/available/etd-05222007-091320/.

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Maas, Harro. "William Stanley Jevons and the making of modern economics /." Cambridge : Cambridge University Press, 2005. http://aleph.unisg.ch/hsgscan/hm00155220.pdf.

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Kraft, Michael Gerhard. "Ökonomie zwischen Wissenschaft und Ethik : eine dogmenhistorische Untersuchung von Léon M. E. Walras bis Milton Friedmann /." Frankfurt am Main [u.a.] : Lang, 2005. http://www.gbv.de/dms/ilmenau/toc/497325365kraft.PDF.

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Ngo, Ngoc Qui. "FDI and Economic Growth : An Empirical Study of Lower-middle Income Economies." Thesis, Högskolan i Jönköping, Internationella Handelshögskolan, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-44025.

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Within a panel data context with fixed effects method, using data on a sample of 40 lower- middle income economies, this paper investigates whether and to what extent FDI stimulates economic growth over the period 2007-2017. The main finding of this paper highlights the complementary effects between FDI and education, suggesting that a certain level of education must be reached in order for FDI to contribute positively on economic growth. Further, the level of education in this sample set is below the level that is considered as adequate in order to spur economic growth and thus this affects the absorptive capacity. This paper can only confirm that there is a certain association between FDI and economic growth and cannot confirm the widespread belief that FDI stimulates economic growth due to that the estimated models more often than not provided insignificant results.

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Kasprzyk, Damian S. M. Massachusetts Institute of Technology. "Curse or blessing? : challenges of commodity-based economies." Thesis, Massachusetts Institute of Technology, 2011. http://hdl.handle.net/1721.1/65806.

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Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2011.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 68-70).
The idea that massive natural resource endowments would lead countries to weak economic growth and development is counterintuitive. Oil, gas, copper, gold or other resource riches should, at least in theory, spearhead countries with such natural wealth to growth that parallels non-commodity-based economies and help them achieve high-income status. This has not been the case for majority of the endowed countries particularly in North Africa, the Middle East and Latin America. With few exceptions, such as Norway, Botswana, Chile or Australia, the resources proved to be a curse. I begin with a survey of previous academic literature and research on the effects of natural resources on a given country's economic, social and political development. I then move to exploring the many challenges and pitfalls faced by resource-based economies. Such concepts as the Dutch Disease, Rentier State, Governance and Corruption are discussed. In the final section, outline different methods of the resource curse management by first exploring monetary and fiscal policies, and later touching upon the issues of responsible governance. I conclude by proposing a multi-step framework for resource management.
by Damian Kasprzyk.
S.M.

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Teran, Marco (Marco A. Teran Aguilar). "Corporate Entrepreneurship programs : practices and their implications in developing economies." Thesis, Massachusetts Institute of Technology, 2012. http://hdl.handle.net/1721.1/73416.

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Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2012.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 80-87).
Corporate Entrepreneurship is driven by external demands and internal leadership. However, this process is difficult to implement in firms because it often conflicts with the core of corporate activities and the accumulated experience of the organization is insufficient to provide proper guidance for managers. On the other hand, currently, the knowledge base in this area is incomplete and fragmented. It lacks a coherent structure that would allow organizations to achieve productive outcomes. Therefore, developing an integrated perspective to support firms in installing a corporate entrepreneurship structure and, at the same time, develop managers for this task can be an useful topic from the point of view of both established and emerging organizations. The research question is can we develop a structure with key elements to help managers in the development of corporate entrepreneurship and how to address it in a practical way to install in Latin American countries? To accomplish it, the methodology considers the analysis based on scientific publications and technical books, along with a complementary research through personal interviews and study cases of large corporations and Chilean companies. The thesis delivers key elements, such as program structures, processes, and leadership. The main lesson is that these programs could be both disciplined and flexible. "Develop innovation with framework and consistency" is strongly recommended. A second one is that the alignment with the corporate strategy or basic guidelines is a must for these kinds of programs. Thirdly, the support of top management is crucial, and the development of initiatives for changing top and middle manager mindsets. Finally, companies should seek a balance with innovation portfolio (inorganic, radical and incremental), knowledge management, and networking initiatives (open, private).
by Marco Teran.
S.M.

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Books on the topic "Neoclassical school of economies"

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Henry, JohnF. The making of neoclassical economics. London: Unwin Hyman, 1990.

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Henry, John F. The making of neoclassical economics. Boston: Unwin Hyman, 1990.

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Wolff, Richard D. Economics: Marxian versus neoclassical. Baltimore: Johns Hopkins University Press, 1987.

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Hagen, Jürgen von. Industrial localization: An empirical test for Marshallian localization economies. Berkeley, CA: University of California at Berkeley, Center for German and European Studies, 1994.

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Recent developments in non-neoclassical economics. Aldershot, Hants, England: Ashgate, 1997.

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Edgeworth and the development of neoclassical economics. Oxford, UK: B. Blackwell, 1986.

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Creedy, John. Edgeworth and the development of neoclassical economics. Oxford: Blackwell, 1986.

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Keita, L. D. Science, rationality, and neoclassical economics. Newark: University of Delaware Press, 1992.

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Inc, NetLibrary, ed. Neoclassical microeconomic theory: The founding Austrian version. London: Routledge, 2002.

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Endres, A. M. Neoclassical microeconomic theory: The founding Austrian version. London: Routledge, 1997.

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Book chapters on the topic "Neoclassical school of economies"

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Streissler, E. W. "Menger, Böhm-Bawerk, and Wieser: The Origins of the Austrian School." In Neoclassical Economic Theory, 1870 to 1930, 151–200. Dordrecht: Springer Netherlands, 1990. http://dx.doi.org/10.1007/978-94-009-2181-8_5.

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Tsoulfidis, Lefteris. "The Neoclassical Synthesis." In Competing Schools of Economic Thought, 271–85. Berlin, Heidelberg: Springer Berlin Heidelberg, 2009. http://dx.doi.org/10.1007/978-3-540-92693-1_11.

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Tsoulfidis, Lefteris. "The Structure of the Neoclassical Theory." In Competing Schools of Economic Thought, 157–86. Berlin, Heidelberg: Springer Berlin Heidelberg, 2009. http://dx.doi.org/10.1007/978-3-540-92693-1_7.

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Kónya, István. "The Neoclassical Growth Model." In Economic Growth in Small Open Economies, 83–103. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-69317-0_6.

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Howard, M. C., and J. E. King. "Neoclassical, Keynesians and Heterodox Economists on the Decline of the Market." In The Rise of Neoliberalism in Advanced Capitalist Economies, 113–44. London: Palgrave Macmillan UK, 2008. http://dx.doi.org/10.1057/9780230583924_5.

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Klein, Saul, and Mike Ward. "An Emerging Market Player in International Business Education: The Case of Wits Business School." In Business Education and Emerging Market Economies, 327–42. Boston, MA: Springer US, 2004. http://dx.doi.org/10.1007/1-4020-8072-9_21.

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Sobe, Noah W. "Boredom and Classroom Design: The Affective Economies of School Engagement." In Making Education: Material School Design and Educational Governance, 157–69. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-97019-6_8.

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Ranestad, Kristin. "The University, the Norwegian Institute of Technology (NIT), Technical Schools, and the Mining School." In Knowledge-Based Growth in Natural Resource Intensive Economies, 107–48. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-96412-6_4.

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Pike, Jo. "15 From Health to Hard Times: Fairness and Entitlement in Free School Meals After Neo-Liberalism." In Neoliberalism, Austerity, and the Moral Economies of Young People’s Health and Well-being, 295–311. London: Palgrave Macmillan UK, 2016. http://dx.doi.org/10.1057/978-1-137-58266-9_16.

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Frønes, Tove Stjern, Andreas Pettersen, Jelena Radišić, and Nils Buchholtz. "Equity, Equality and Diversity in the Nordic Model of Education—Contributions from Large-Scale Studies." In Equity, Equality and Diversity in the Nordic Model of Education, 1–10. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-61648-9_1.

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AbstractIn education, the ‘Nordic model’ refers to the similarities and shared aims of the education systems developed in the five Nordic countries—Denmark, Finland, Iceland, Sweden and Norway—after World War II. Traditionally, there have always been many similarities and links between the Nordic countries through their historical connections and geographical proximity. The common experience of solidarity and political oppression during World War II also created the basis for a common political orientation in the postwar period, which was also reflected in the education systems during the development of the countries’ economies and their establishment of welfare states. At the same time, this very process has been strongly supported by social-democratic governance in these countries in the 1960s and 1970s (Blossing, Imsen, & Moos, 2014). The model is based on a concept ofEducation for All, where equity, equal opportunities and inclusion are consistently cited as the goal of schooling and orientation (Blossing et al., 2014; Telhaug, Mediås, & Aasen, 2006). This corresponds to the egalitarian idea of a classless society, which is characterised by individual democratic participation, solidarity and mutual respect and appreciation for all. This idea was manifested in, for example, major reallocations of economic resources through the tax systems and free schooling for all, which arose out of the principle that parents’ lack of economic resources should not prevent children from obtaining a good quality education. The equalisation of structural inequalities and creation of equity was—and still is—the task of the education system in the Nordic countries. Worldwide, especially within the Nordic countries, the view is being shared that the education system should be fair and provide access and opportunities for further education, regardless of where someone lives, the status of the parental home, where someone comes from, what ethnic background someone has, what age or gender someone is, what skills one has or whether someone has physical disabilities (Blossing et al., 2014; Quaiser-Pohl, 2013). Some special features of the Nordic system are therefore deeply embedded in the school culture in the countries, for example, through the fact that access to free and public local schools and adapted education is statutory, which is in contrast to many other countries, even other European ones (further developed and discussed in Chap.10.1007/978-3-030-61648-9_2). The Nordic model is widely considered a good example of educational systems that provide equal learning opportunities for all students. Achieving equity, here meaning the creation of fairness, is expressed concretely in political measures to distribute resources equally and strengthen the equality of marginalised groups by removing the barriers to seize educational opportunities, for example, when mixed-ability comprehensive schools are created or the educational system is made inclusive regarding students with special needs (UNESCO, 1994; Wiborg, 2009). Equality is roughly connoted with ‘sameness in treatment’ (Espinoza, 2007), while equity takes further in consideration also the question of how well the requirements of individual needs are met. Thus, the goal of equity is always linked to the concept of justice, provided that an equality of opportunities is created. If, however, one looks at individual educational policy decisions on the creation of educational justice in isolation, one must weigh which concept of equity or equality is present in each case. For example, it is not enough to formally grant equal rights in the education system to disadvantaged groups, but something must also be done actively to ensure that marginalised groups can use and realise this equality. The complexity of the terms becomes even greater when one considers that to achieve equality, measures can be taken that presuppose an unequal distribution of resources or unequal treatment and, therefore, are not fair e.g., when resources are bundled especially for disadvantaged groups and these are given preferential treatment (will be further developed and discussed in Chap.10.1007/978-3-030-61648-9_2). Thus, equality and equity rely on each other and are in a field of tension comprising multiple ideas (Espinoza, 2007).

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Conference papers on the topic "Neoclassical school of economies"

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Nişancı, Murat, Aslı Cansın Doker, Adem Türkmen, and Ömer Selçuk Emsen. "The Determinants of Labor Productivity: Analyses on Chosen Countries (1960-2010)." In International Conference on Eurasian Economies. Eurasian Economists Association, 2016. http://dx.doi.org/10.36880/c07.01550.

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Discussions on economic productivity, in micro analysis aspects there is direct causal relationship between increases or decreases in the production and productivity, whereas it can be said that productivity is based on economic recession or growth in macro analysis aspects. In the literature, while Classical theoreticians is attributed that the source of growth is the marginal productivity of capital, neoclassic school claims that marginal productivity difference provide benefit the country from behind for realization of the convergence hypothesis. Furthermore, increasing efficiency and as the factors this increase efficiency human capital, learning by doing concepts and technology are focused in the endogenous growth theories. In this study, human capital, physical capital per worker, exports per worker, gender differences, fertility, life expectancy and dependent population ratio were determined as determinants of labor productivity. In respect to labor productivity, variables are divided to three main groups in order to economic demographic and social and psychological factors. The variables are placed with taking five years average due to the fact that those variables’ effects reveal themselves more clearly in the long term. In the paper, it was investigated by panel data analysis considering groups of developed and developing countries between 1960 and 2010 period. In this context the degree of efficiency may well be discussed with parameters of selected variables for productivity of labor. Additionally, within framework of descriptive statistics the differences and similarities between countries were interpreted for political recommendations to developing countries how to increase productivity for catching developed countries’ growth trend.

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Mezei, Attila. "COMPETITION FOR EAST ASIA – BALANCING STRATEGIES OF THE USA AGAINST CHINA." In NORDSCI International Conference. SAIMA Consult Ltd, 2020. http://dx.doi.org/10.32008/nordsci2020/b2/v3/12.

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China has been a rising power in East Asia for decades. The end of the Cold War and the increasing effects of globalization brought the country in the forefront of attention on the international scene. The economic importance of the East Asian giant cannot be denied. Its economic power has been translating into a powerful tool to upset the balance of power tremendously. China has been expanding its influence around the globe and challenging the status quo more than ever before. The United States, the strongest state in the current international system has to pay attention to the increasingly assertive China. The USA uses several strategies to mitigate the threat China poses to the world order that the USA built. The structural forces of the international system, the Covid-19 pandemic, and American domestic politics make the threat of rising China more challenging. In my paper, I try to identify the balancing strategies of the United States in the 21st century against China. In my opinion, the application of neoclassical realist school of international relations can foreshadow the possible paths of the conflict. The United States of America has to use a wide variety of balancing strategies in order to counter the threat. A heavier reliance on allies is inevitable for the United States if it wants to contain the increasing influence of China around the globe. The USA should increase its hard-, soft-, and asymmetrical balancing methods mixed with smart power strategies to remain on the top of the international system. In my opinion, the showdown between China and the United States of America will be inevitable in the medium term. If the USA uses its position right, the peaceful containment of Chinese ambitions is possible. The successes of the above-mentioned strategies will decide how the competition of these two countries shape the international relations in the coming decades.

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Yadollahzadeh Tabari, Naser Ali, and Mohammad Nasrollahi. "A Study of the Effects of Non-oil Exports on Iranian Economic Growth." In International Conference on Eurasian Economies. Eurasian Economists Association, 2010. http://dx.doi.org/10.36880/c01.00163.

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This paper examines the effects of Iranian non-oil exports on output during the years 1980-2007. We use an augmented neoclassical production function type and apply VECM methodology to estimate the short and long-run effects. The results show: negative effects of non-oil export on non-Export output, while capital stock and labor force have positive effects on non-Export GDP.

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Karakaya, Aykut, Seymur Ağazade, and Selçuk Perçin. "The Relationship between Performance, Innovation and Competition in Turkish Manufacturing Industry." In International Conference on Eurasian Economies. Eurasian Economists Association, 2015. http://dx.doi.org/10.36880/c06.01407.

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The relationship between performance and innovation is covered most extensively in neoclassical economic theory and Schumpeterian approach. These two approaches explain the relationship between innovation and performance in different ways. The neoclassical theory predicts that innovation emerges in competitive markets while Schumpeterian approach predicts it will emerge in imperfect competitive markets. Using data for the period 2008-2013, this study investigates the relationship between innovation and competition level in the Turkish Manufacturing Industry. Data analyzing method is Two-Step System Generalized Moments of Method. Performance variables of the study are net profit margin, return on assets and return on equity. R&D intensity is innovation indicator. Industrial competition level is measured by Herfindahl-Hirsckman Index. The results of Two-Step System Generalized Method of Moments analysis show that R&D intensity affects positively performance variables in contrast one lag of R&D effects negatively. Furthermore, competition intensity also improves performance. Positive coefficient of R&D variable supports the view of innovation has the characteristics of providing competitive advantage. The negative coefficient of R&D lag indicates the problems related to the protection of intellectual property right. This finding can be interpreted that innovation operations are imitated approximately after a period. The positive effect of competition intensity supports the prediction of Schumpeterian approach.

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Tekgül, Yelda, and Mehmet Fatih Cin. "The Rise and Fall of the Washington/Post Washington Consensus as a Neoclassical Paradigm and Alternative Recommendations of Post Keynesians Economics." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.01107.

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The Washington Consensus was accepted as common wisdom on policies for development and growth. The set of policies of the Washington Consensus was applied to structural crisis in Latin America and developing economies. Williamson identified 10 policy instruments whose proper deployment Washington could muster a reasonable degree of consensus. Williamson summarizes the content of the Washington Consensus as macroeconomic prudence, outward orientation, domestic liberalization, and free market policies consistent with neoclassical mainstream economic theory. The policy set was modified to the point that Williamson substituted the original name with a new label “Post Washington Consensus. The “Post Washington Consensus” designated a “new set of policy reforms” for Latin America and Developing Countries. The aim of this paper is to compare the two sets of controversial policies, the “Washington Consensus” and “Post Washington Consensus” and offer an alternative based on the Post Keynesian framework. The goal of Post Keynesian framework is the promotion of sensible prudent economic and social development that is equitable, stable and sustainable. The main purpose of the Post Keynesian policy framework proposed in this paper is to go beyond the Post Washington Consensus by emphasizing the importance of a possible new direction for economic policy for developing countries.

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Yendi, Irem. "Effects of Institutional Factors on Economic Growth in Eurasian Countries." In International Conference on Eurasian Economies. Eurasian Economists Association, 2011. http://dx.doi.org/10.36880/c02.00255.

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Economic growth is a complicated process which is affected by several factors. Standard neoclassical economic approach didn’t address the effects of institutional factors on economic growth but such effects are started to be considered in economic growth literature together with the new institutional economy. According to the new institutional economic approach institutions decrease the uncertainty are effective on the cost of transaction and conversion and also impact economic performance by directing economic activities towards productive or non- productive fields. Within this framework, effects of institutional factors on economic growth in Eurasian Countries between 1996 and 2008 are searched via panel data analysis method by use of World Bank’s, Heritage Foundation and Freedom House data sets. According to the findings collected, guaranteeing property rights, increasing quality of regulation and civil liberties affect positively economic growth on Eurasian Countries.

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Frey, Miriam, and Carmen Wieslhuber. "Convergence Across Kazakh Regions." In International Conference on Eurasian Economies. Eurasian Economists Association, 2010. http://dx.doi.org/10.36880/c01.00214.

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Even though Kazakhstan is one of the most successful transition countries in Central Asia it has been neglected in the literature on regional convergence. This paper fills the gap with an empirical analysis of the convergence process on the regional level using annual gross regional product (GRP) data for the period 1998-2008 for the 16 Kazakh regions. Sigma convergence implies that the dispersion of per capita GRP, measured as the standard deviation of per capita GRP across regions, declines over time. Given the growing variation in per capita GRP over time this phenomenon cannot be found for Kazakhstan. In the neoclassical growth model, under the assumption of similar steady states, the growth rate of per capita GRP is negatively related to the initial level of per capita GRP. Surprisingly, we do not find this relation for the Kazakh regions. The data show that there is no evidence for absolute beta convergence. In contrast, the Kazakh regions even seem to diverge.

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Bal, Harun, Neşe Algan, and Mehmet Demiral. "Why do Developing Countries Fail to Attract Global Capital? Reinvestigation of the Lucas Paradox for the Balkan Countries." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.00937.

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The neoclassical theory predicts that capital should flow from developed (rich) to developing (poor) countries until the differences of investment returns are equalized. However, in his famous example, Lucas (1990) pointed out that, even the marginal product of capital in India was roughly calculated as 58 times that of the United States in 1988, such a capital flow did not occur in practice. This observation somewhat still exists in general. This study tries to find out some possible explanations to why Lucas Paradox is still seen in such an increasingly integrated world and demonstrate what foreign direct investments (FDIs) really pursue, focusing on selected nine Balkan countries. The study performs gravity model estimation using annual balanced panel data sets covering the period of 2000-2012. Overall results demonstrate that there is some evidence supporting Lucas paradox for the Balkan countries investigated. Main findings show that, regulations, country risk and China’s increasing attraction of global FDI tend to hinder Balkan countries’ performances, while improvements in human capital, infrastructures and logistic services can help these countries increase their global shares in FDI. Besides, increases in the research and development investments and progress in the path of the European Union membership processes seem to promote attracting global FDI.

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Kendirli, Selçuk. "An Analysis of Food Sector Under Privatization and Privatization of Turkish Sugar Factories." In International Conference on Eurasian Economies. Eurasian Economists Association, 2018. http://dx.doi.org/10.36880/c10.02186.

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In the 1970s, as a result of oil shocks, Keynesian policies were replaced by neoclassical economic policies, and the liberation movements had the opportunity to be widely implemented at the country level. In this context, developing countries are aiming to increase productivity by transferring large amount of investment responsibilities to the private sector. As a matter of fact, State Economic Enterprises, which are State Economic Enterprises, have started to be taken into the scope of privatization. Turkey also, along with the decisions of January 24 was declared in 1980 he joined the current liberalization, privatization moves are especially important after 2003 were carried out. Globalized economy and began following the introduction of economic liberalization and opening-up policy in 1980, the privatization process in Turkey has brought in. In the process, privatization policies have been adopted in order to abandon the protectionism and statism approach adopted since 1977 and to provide a more competitive environment. Continued privatization process gradually starting in 1990 in Turkey and reached until 2018. The Turkish Sugar Factories, whose privatization process has already begun, have become a star in privatization in 2018. They are as common as those who think the customization process is necessary. In this study, the effects of privatization of Turkish Sugar Factories on Turkish economy and Turkish food market will be tried to be investigated.

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Bal, Oğuz. "Theoretical Perspective on the Concept of Sustainable Economic Growth." In International Conference on Eurasian Economies. Eurasian Economists Association, 2017. http://dx.doi.org/10.36880/c08.01839.

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Economic growth, real GDP is a concept that is related to the growth rate of the country. The history of this concept dates back to the mercantilist era. Mercantilist period the active actor is the state, while state intervention in fizyokrat, in contrast to the natural order, rationalism, and "laissez-fairy, laissez passer" was highlighted. The main idea in the classics of liberalism. Opinions that are based on the pressure of its population. Neoklasik the successor of the classics, according to the exogenous growth of labor supply and the concept of “labor growth and technological process” is one of the main determinants of the growth rate along the balanced. Classical and neoclassical growth models, the supply factor describes. Supply-side and demand is internal to the economic system is limited by assumptions. Keynesian and post-Keynesian growth models demand-oriented is referred to as. Vascular growth is tied to investment. The production capacity of the economy and new investments to increase production. Harrod, actual, guaranteed, and has made the difference between the natural growth rate. Harrod-Domar; are bound by the terms of the balance of the sustainability of growth. Stabilizing role of the state have been given. These models had been undertaken by N. Kaldor, Thirlwall was developed by. This article is intended that the components of the theoretical framework of the challenges of sustainable growth and developments is to examine and discuss. The method applied the inductive method.

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Reports on the topic "Neoclassical school of economies"

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Howell, Thomas. Selected Critiques of the Philosophical Underpinnings of the Neoclassical School. Portland State University Library, January 2014. http://dx.doi.org/10.15760/honors.91.

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Hillman, Kylie, and Sue Thomson. 2018 Australian TALIS-PISA Link Report. Australian Council for Educational Research, August 2021. http://dx.doi.org/10.37517/978-1-74286-598-0.

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Australia was one of nine countries and economies to participate in the 2018 TALIS-PISA link study, together with Cuidad Autónoma de Buenos Aires (Argentina), Colombia, the Czech Republic, Denmark, Georgia, Malta, Turkey and Viet Nam. This study involved coordinating the samples of schools that participated in the Program of International Student Assessment (PISA, a study of the performance of 15-year-old students) and the Teaching and Learning International Survey (TALIS, a study that surveys teachers and principals in lower secondary schools) in 2018. A sample of teachers from schools that were selected to participate in PISA were invited to respond to the TALIS survey. TALIS data provides information regarding the background, beliefs and practices of lower secondary teachers and principals, and PISA data delivers insights into the background characteristics and cognitive and non-cognitive skills of 15-year-old students. Linking these data offers an internationally comparable dataset combining information on key education stakeholders. This report presents results of analyses of the relationships between teacher and school factors and student outcomes, such as performance on the PISA assessment, expectations for further study and experiences of school life. Results for Australia are presented alongside those of the average (mean) across all countries and economies that participated in the TALIS-PISA link study for comparison, but the focus remains on what relationships were significant among Australian students.

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Hillman, Kylie, and Sue Thomson. 2018 Australian TALIS-PISA Link Report. Australian Council for Educational Research, August 2021. http://dx.doi.org/10.37517/978-1-74286-628-4.

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Australia was one of nine countries and economies to participate in the 2018 TALIS-PISA link study, together with Cuidad Autónoma de Buenos Aires (Argentina), Colombia, the Czech Republic, Denmark, Georgia, Malta, Turkey and Viet Nam. This study involved coordinating the samples of schools that participated in the Program of International Student Assessment (PISA, a study of the performance of 15-year-old students) and the Teaching and Learning International Survey (TALIS, a study that surveys teachers and principals in lower secondary schools) in 2018. A sample of teachers from schools that were selected to participate in PISA were invited to respond to the TALIS survey. TALIS data provides information regarding the background, beliefs and practices of lower secondary teachers and principals, and PISA data delivers insights into the background characteristics and cognitive and non-cognitive skills of 15-year-old students. Linking these data offers an internationally comparable dataset combining information on key education stakeholders. This report presents results of analyses of the relationships between teacher and school factors and student outcomes, such as performance on the PISA assessment, expectations for further study and experiences of school life. Results for Australia are presented alongside those of the average (mean) across all countries and economies that participated in the TALIS-PISA link study for comparison, but the focus remains on what relationships were significant among Australian students.

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Gupta, Sweta, and Mohamed Abouaziza. Closing England's Maths Attainment Gap through One-to-One Tutoring – Global Solutions. Institute of Development Studies (IDS), July 2021. http://dx.doi.org/10.19088/ids.2021.050.

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In the aftermath of COVID-related school closures in the UK, students lost two months of learning, but the loss among the 1.7 million disadvantaged students has been much larger at seven months. This disadvantaged gap is almost entirely driven by maths attainment. One-to-one tutoring is proven to be effective at helping students catch up, but private tutoring is most likely to be taken up by children from affluent households, further widening the disadvantaged gap in learning. This report discusses the feasibility of an innovative tutoring delivery model that uses the global graduate market to deliver tutoring at a scale that can solve this problem and a price that schools can afford. While the report discusses the overall opportunity that the emerging market economies of South- and South-East Asia provide, it also presents the Third Space Learning model in Sri Lanka as a case study to investigate the practicalities of the global online tutoring model.

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Shaver, Greg, and Miles Droege. Develop and Deploy a Safe Truck Platoon Testing Protocol for the Purdue ARPA-E Project in Indiana. Purdue University, 2021. http://dx.doi.org/10.5703/1288284317314.

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Hilly terrain poses challenges to truck platoons using fixed set speed cruise control. Driving the front truck efficiently on hilly terrain improves both trucks fuel economies and improves gap maintenance between the trucks. An experimentally-validated simulation model was used to show fuel savings for the platoon of 12.3% when the front truck uses long horizon predictive cruise control (LH-PCC), 8.7% when the front truck uses flexible set speed cruise control, and only 1.2% when the front truck uses fixed set speed cruise control. Purdue, Peloton, and Cummins have jointly configured two Peterbilt 579 trucks for relevant combinations of: (1) coordinated shifting, (2) constant or variable platoon gap controls, (3) flexible or constant speed setpoint cruise control of the front trucks, and (4) long-horizon predictive cruise control (LHPCC) of the front truck. Confirmation of this functionality during platooning was demonstrated at the Continental Test track in Uvalde, Texas. In Indiana, on-road experiments were limited to single truck operation with long-horizon predictive cruise control, flexible set speed cruise control, and constant setpoint cruise control. Data from all of the above was used to improve the fidelity of simulations used to arrive at the fuel savings and gap control findings for hilly terrain per what is summarized in the findings section. Additionally, in early summer 2020, Purdue submitted to, and received improvement from, INDOT for a safe truck platoon testing protocol (located in this report’s appendix), which could not be implemented in Indiana before the end of the project because of COVID-19. Presentations of the subject matter at COMVEC, MAASTO, Purdue Road School, and the Work Truck Show are listed in the appendix.

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