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on Post Keynesian Economics |
| By: | Fratini, Saverio M. |
| Abstract: | The classical economists usually regarded rent in their analyses as a share of the gross product obtained from the use of land or a mine, which was indeed the way in which rent was treated in bargaining between landowner and tenant. The paper revives this view of rent, proceeding from its historical basis through Smith’s analysis to arrive at Sraffa’s equations, and also examines the case of the introduction of a tax conceived as a tithe, to which Sraffa referred very briefly |
| Keywords: | Rent, Classical theory of distribution, Smith, Sraffa |
| JEL: | B12 B51 D33 Q15 |
| Date: | 2013–10–16 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:50717&r=pke |
| By: | Eugen Dimant (University of Paderborn) |
| Abstract: | Corruption has fierce impacts on economic and societal development and is subject to a vast range of institutional, jurisdictional, societal and economic conditions. Research indicates that corruption’s predominantly negative effects have arisen to a massive trans-border threat while creating high obstacles to sustainable and prospective development, ultimately impairing everybody’s life. This paper provides a comprehensive state-of-the-art review of existing literature on corruption and its antecedents and effects. Consequently, we bridge the gap between existing theories of different fields of research including economics, psychology, and criminology in order to draw a conclusive picture of corruption on the micro-, meso- and macro-level. |
| Keywords: | Bribery, Corruption, Development, Interdisciplinarity, Public Economics |
| JEL: | D73 H1 O17 K42 |
| Date: | 2013–10 |
| URL: | http://d.repec.org/n?u=RePEc:pdn:wpaper:70&r=pke |
| By: | Bruno Dorin (CIRAD - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - Centre de coopération internationale en recherche agronomique pour le développement [CIRAD], CIRED - Centre International de Recherche sur l'Environnement et le Développement - Centre de coopération internationale en recherche agronomique pour le développement [CIRAD] : UMR56 - CNRS : UMR8568 - École des Hautes Études en Sciences Sociales [EHESS] - École des Ponts ParisTech (ENPC) - AgroParisTech); Jean-Charles Hourcade (CIRED - Centre International de Recherche sur l'Environnement et le Développement - Centre de coopération internationale en recherche agronomique pour le développement [CIRAD] : UMR56 - CNRS : UMR8568 - École des Hautes Études en Sciences Sociales [EHESS] - École des Ponts ParisTech (ENPC) - AgroParisTech); Michel Benoit-Cattin (CIRAD - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - Centre de coopération internationale en recherche agronomique pour le développement [CIRAD]) |
| Abstract: | This paper questions the Lewis Path perspective of a "world without agriculture" which underpins the "structural transformation" paradigm of "modern growth." It shows that the Lewis Path is only one of four potential structural paths, and that half of the world's population is spiralling into a "Lewis Trap" with more farmers and an increasing income gap between them and other workers. After showing how land constraints and the productivity dynamics outside agriculture might prevent this population from switching to a Lewis Path, it delineates the condition of an alternative path that would not transfer the disparity problem to cities. |
| Keywords: | Agriculture; Productivity; Development; Structural transformation; Poverty; Agro-Ecology |
| Date: | 2013–04 |
| URL: | http://d.repec.org/n?u=RePEc:hal:ciredw:hal-00866413&r=pke |
| By: | Loïc Charles; Christine Théré |
| Abstract: | From 1759 to 1762, François Quesnay had systematically appealed to an obscure physiocrat, Charles Richard de Butré, when he had to make a numerical estimate or to do a nonelementary computation. In the present article, we use two important unpublished writings by Butré to discuss and assess the extent of his contribution to physiocratic theory. In these two works written at the end of 1766 and the beginning of 1767, Butré set himself to the task of deepening Quesnay’s political economy. Although he was, besides Quesnay, the only physiocrat who mastered the Tableau économique, he chose to develop his own analytical devices. In order to provide a more satisfactory presentation of the doctrine of the exclusive productivity of agriculture, Butré modified significantly the social classification adopted by Quesnay and all the other physiocrats. Finally, he imagined and drafted a theoretical system of public accounting that would measure and account for all kinds of economic activities, including those Quesnay had left out in his Tableau économique, such as external trade. We argue that the study of his work offers us an ideal vantage point to broaden our understanding of the nature and the history of Quesnay’s political economy. |
| Keywords: | Physiocracy ; Physiocratic Theory ; François Quesnay ; Charles Richard de Butré ; Tableau économique |
| JEL: | B11 B31 |
| Date: | 2013 |
| URL: | http://d.repec.org/n?u=RePEc:drm:wpaper:2013-32&r=pke |