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| Registros recuperados: 11 | |
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| Ward, William A.; Hite, James C.. |
| That asset specificity and asset fixity are impediments to economic adjustment is well understood in the literatures of industrial organization and agricultural economics. In this paper, we show that spatial factors can plausible be expected to be arguments in functions that define asset fixity and specificity and, hence, asset fixity may be systematically related to space. The implications with regard to differences across space in rates of adjustment to market signals suggest that the short run is longer in remote than in less remote places, which may prove useful in explaining the behavior of a spatial economic system during times of rapid technological change. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Industrial Organization. |
| Ano: 1999 |
URL: http://purl.umn.edu/18807 |
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| Ward, William A.; Bhattarai, Madhusudan; Huang, Pei. |
| Distance-related costs have changed at different rates across categories of resource flows and across modes and media between 1960 and 1998. The cost of moving knowledge/information has dropped much faster than the costs of moving people or materials. The costs of processing and moving information have dropped by 98% and 92% respectively, in real terms since 1960. In addition, there are big differences in the rates of change within the real costs of moving people using different travel modes--just as big differences exist within the real costs of moving materials using different modes. For example, the real costs of moving materials by domestic rail and inland waterway have decreased by 58% and 42% in real terms, respectively, while inter-city trucking... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Industrial Organization. |
| Ano: 1999 |
URL: http://purl.umn.edu/18808 |
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| Vijayaraghavan, Maya; Ward, William A.. |
| The relationship between institutional infrastructure and economic growth rates across 43 nations between the years 1975-90 is examined. Within the framework of the neoclassical growth model, this study integrates a broad set of institutional variables which together proxy for the overall institutional infrastructure of an economy. Security of property rights, governance, political freedom and size of government are the indicators used in the study, facilitating identification of the most important institutions that account for the observed variations in economic growth rates among nations. Results indicate that security of property rights and size of government are the most significant institutions that explain the variations in economic growth rates. |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Development. |
| Ano: 2001 |
URL: http://purl.umn.edu/112952 |
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| Ward, William A.. |
| Industry came to South Carolina in the first half of this century to find cheap labor. By the 1990s, industry was coming in search of quality labor--a change whose pace accelerates as the decade of the nineties blends into the 21st century. Potential investors who raise inquiries with the Anderson County Office of Economic Development are less and less interested in the simple cost of labor and more and more interested in the productivity of labor as measured by the value of output per dollar of labor input. Economic development, at its core, is about jobs and about quality of life. Thus, these changing demands for labor are not to be taken lightly by government, business leaders and educators in Anderson County. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Labor and Human Capital. |
| Ano: 1997 |
URL: http://purl.umn.edu/18811 |
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| Registros recuperados: 11 | |
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