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Registros recuperados: 5
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The Economic and Historical Foundation of the Common Agricultural Policy in Europe AgEcon
Zobbe, Henrik.
The Common Agricultural Policy (CAP) was founded in the 1950s with price support as the main policy instrument. Despite massive criticism from both within and outside the EU, price support remains the backbone of the CAP. This paper argues that the choice of price support was logical viewed in both historical and economical perspectives, and gives three reasons for this. First, even though talks on agricultural integration began immediately after the war, the CAP was a result of general economic integration in Europe rather than the reason for it. Second, the structure of the CAP was determined by the agricultural policies of the six founding countries. The third and last reason is related to the economic characteristics of running a price support system....
Tipo: Working or Discussion Paper Palavras-chave: Agricultural policy; European economic history; Agricultural history; Agricultural and Food Policy; Q18; N44; N34.
Ano: 2001 URL: http://purl.umn.edu/24212
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The Economic and Historical Foundation of the Common Agricultural Policy in Europe AgEcon
Zobbe, Henrik.
The Common Agricultural Policy (CAP) was founded in the 1950s with price support as the main policy instrument. Despite massive criticism from both within and outside the EU, price support remains the backbone of the CAP. This paper argues that the choice of price support was logical viewed in both historical and economical perspectives, and gives three reasons for this. First, even though talks on agricultural integration began immediately after the war, the CAP was a result of general economic integration in Europe rather than the reason for it. Second, the structure of the CAP was determined by the agricultural policies of the six founding countries. The third and last reason is related to the economic characteristics of running a price support system....
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Policy; European Economic History; Agricultural History; Agricultural and Food Policy; Q18; N44; N34.
Ano: 2002 URL: http://purl.umn.edu/24867
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Political Rents, Promotion Incentives, and Support for a Non-Democratic Regime AgEcon
Lazarev, Valery.
This paper analyzes the economic foundations of a non-democratic political regime, where the ruling bureaucracy captures rents through collective control over state property and job assignment. The model developed here yields the equilibrium in the “political labor market,” where the ruling bureaucracy buys services and political support of activists recruited from the working population. The underlying implicit contract requires that the incumbent bureaucrats retire after a certain time to allow for deferred promotion of activists into rent-paying positions. The major implications are that the stability of a non-democratic regime is consistent with high-income gap between the rulers and the rest of the population, strengthened when government pursues an...
Tipo: Working or Discussion Paper Palavras-chave: Non-democratic regimes; Bureaucracy; Hierarchy; Political support; Promotion incentives; Implicit contract; Soviet Union; Political Economy; D72; J45; N44; P30.
Ano: 2004 URL: http://purl.umn.edu/28381
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Demystifying the German "Armament Miracle" During World War II. New Insights from the Annual Audits of German Aircraft Producers AgEcon
Budrass, Lutz; Scherner, Jonas; Streb, Jochen.
Armament minister Albert Speer is usually credited with causing the boom in German armament production after 1941. This paper uses the annual audit reports of the Deutsche Revisions- und Treuhand AG for seven firms which together represented about 50 % of the German aircraft producers. We question the received view by showing that in the German aircraft industry the crucial changes that triggered the upswing in aircraft production already occurred before World War II. The government decided in 1938 that aircraft producers had to concentrate on a few different types, and in 1937 that cost-plus contracts were replaced with fixed price contracts. What followed was not a sudden production miracle but a continuous development which was fuelled first by learning...
Tipo: Working or Discussion Paper Palavras-chave: German armament miracle; World War II; Albert Speer; Aircraft industry; Learning-by-doing; Fixed-price contract; Labor productivity; Political Economy; H57; L64; N44.
Ano: 2005 URL: http://purl.umn.edu/28473
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For Every Law, a Loophole: Flexibility in the Menu of Spanish Business Forms, 1886-1936 AgEcon
Guinnane, Timothy W.; Marrinez Rodriguez, Susana.
The Spanish business code allowed firms great flexibility in their organizational form in the late nineteenth and early twentieth century. Until 1920, firms had the same basic choices as in France and some other European countries, namely, the corporation, the ordinary partnership, or the limited partnership. But Spanish law was unusually flexible, allowing firms to adapt the corporation especially to the needs of its owners. Starting in 1920 Spanish firms could also organize as a Sociedad de Responsabilidad Limitada (SRL), a form similar to the German GmbH or the British Private Limited Company (PLC). But some firms had already adopted the form prior to 1920. The Spanish coded lacked the principle of “numerus clauses” that is central to many areas of law....
Tipo: Working Paper Palavras-chave: Spanish economic history; Legal form of enterprise; Law and finance; Financial Economics; Industrial Organization; Institutional and Behavioral Economics; K20; N43; N44.
Ano: 2012 URL: http://purl.umn.edu/123319
Registros recuperados: 5
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