According to the existing literature, capital taxes should not be imposed in the presence of optimal profit taxation in either unionised or competitive labour markets. We show that this conclusion does not hold for an economy with dual labour markets, where the competitive wage rate provides the outside option for unionised workers. Even with non-distortionary profit taxation it is optimal for ...

We consider a two-sector economy with positive intersectoral external effects and nonincreasing social returns. We show that if the discount factor r is close to 1 then local indeterminacy may be obtained with mild market imperfections. Moreover, with additional conditions, when r is made smaller the steady state becomes totally unstable and quasi-periodic cycles, along which equilibrium paths ...

Semi-structured interviews with 47 key actors were conducted in Swedish water utilities on why Sustainable Development Indicators (SDIs) are or are not used. Important influencing aspects identified included organizational inertia, social capital, the national water sector and authorities. Divergent views of SD and indicators appear to hinder SDI initiatives. Possible explanations are that: (a)...

production subsidies, as a part of the strategy of economic growth of the agricultural sector, are of great importance around the world. subsidizing production inputs, particularly energy input, is another way of directing subsidy to the agricultural sector. in this research, production function of the agricultural sector was estimated using econometric methods and time series data. after calcu...

Much research has been done on the favourable influence of social environment and social networks on knowledge production. The aim of this article is to design a theoretical framework where both information behaviour (IB) research and social capital (SC) research are integrated. Integrating these areas is seen as an advantage when focusing on the social construction of knowledge, and a model is...

As a part of corporate social responsibility, corporate donation is developing quickly in world. We used data from 290 firms in Yangtze River delta involved in contribution from the year 2004 to 2006. Based on the statistics analysis, the results are as follows: (1) Corporate donation and corporate social capital have a positive correlativity relationship. And corporate donation and corporate c...

Acknowledgement. We thank the management and employees of the three research sites for their cooperation, and An analysis of knowledge spillovers within marketing departments This paper investigates how marketing professionals' intra-departmental social network is associated with their knowledge about customers, competitors, and technology. There are three findings. First, we find no consistent...

As information and communication technologies (ICT) are disseminated into inner-city communities, we tend to assume that broader access will naturally improve the life chances of the local actors that live in these historically underserved neighborhoods. However it is also prudent to challenge this assumption through an examination of the unintentional effects. Using empirical examples from an ...