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productivity differential

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  • Differential and Absolute Ground Rent — are concepts used by Karl Marx in the third volume of Das Kapital to explain how the capitalist mode of production would operate in agricultural production, under the condition where most agricultural land was owned by a social class of land… …   Wikipedia

  • Differential and absolute ground rent — Part of a series on Marxism …   Wikipedia

  • productivity — pro·duc·tiv·i·ty (prō dŭk tĭvʹĭ tē, prŏd ək ) n. 1. The quality of being productive. 2. Economics. The rate at which goods or services are produced especially output per unit of labor. 3. Ecology. The rate at which radiant energy is used by… …   Universalium

  • Balassa-Samuelson effect — The Balassa Samuelson effect (also known as Harrod Balassa Samuelson effect (Kravis and Lipsey 1983), the Ricardo Viner Harrod Balassa Samuelson Penn Bhagwati effect (Samuelson 1994, p. 201), productivity biased purchasing power parity (PPP)… …   Wikipedia

  • ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …   Encyclopedia of Judaism

  • labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who …   Universalium

  • NATREX — The NATREX stands for NATural Real EXchange rate. It attempts to give a fair value for a currency. It is part of the family of long run equilibrium exchange rate theories (FEER, BEER, and NATREX). Notably the The approach offers an alternative… …   Wikipedia

  • biosphere — biospheric /buy euh sfer ik/, adj. /buy euh sfear /, n. 1. the part of the earth s crust, waters, and atmosphere that supports life. 2. the ecosystem comprising the entire earth and the living organisms that inhabit it. [1895 1900; < G Biosphäre; …   Universalium

  • Canadian and American economies compared — The economies of Canada and the United States are extremely similar because they are both developed countries, which have mixed economies and are each other s largest trading partners. However, key differences in population makeup, geography,… …   Wikipedia

  • Dual Sector model — The Dual Sector model, or the Lewis model, is a model in Developmental economics that explains the growth of a developing economy in terms of a labour transition between two sectors, a traditional agricultural sector and a modern industrial… …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

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