abstract t he return of capital is fundamental to the intertemporal allocation of resources by changing the consumption behavior and capital accumulation over time. taxation on return of capital increases the marginal product of capital, meaning that capital stock is lower than when capital is not taxed, which results decreased growth and welfare in steady state. this paper studies the impact o...

abstract in this study, we applied recently developed panel unit root and cointegration techniques to examine the long-run real income per capita and price elasticities for demand of electricity in selected middle east and north african (mena) countries using an annual data series from 1990 to 2011.our main finding from the panel analysis is that the demand for electricity is highly price elast...

Inelastic incoherent neutron scattering (IINS) spectra and neutron powder diffraction (NPD) patterns, registered for [Co(H20 ) 6](C104)2 at 18 270 K and for [Mn(H20 )6](BF4)2 at 18 230 K, provided evidence that these crystals possess three solid phases in these ranges of temperatures. In both compounds the phase transition occurring at T C3 is connected with a change of the crystal structure, a...

JEL Classification: L14

In an earlier paper2 we have reported results demonstrating that changing the concentrations of the carbon dioxide and oxygen with which the bloods of sheep and goats are equilibrated has a measurable effect on the total osmotic pressure of the true plasma. At constant oxygenation the osmotic pressure of the true plasma is increased 0.9 milliosmoles/Kg H20 for each millimole of C02/Kg H20 added...

This article adds technology choice to a free-entry Cournot model with linear demand and constant marginal costs. Firms can choose from a discrete set of technologies. This simple framework yields non-existence of equilibrium, existence of multiple equilibria and equilibria in which ex-ante identical ̄rms choose di®erent technologies as possible outcomes. I provide a full characterization of th...

JEL Classification: K42, L13, O17.

JEL Classification Numbers: G100, G120

JEL classification: C51 C52 G11

 In this paper, a version of the Vector Auto Regression (VAR) model has been used to investigate the interacted and dynamic effects between social capital and economic development in Iran during the period 1987-2006. To this purpose, variables of human capital, health and income distribution have been considered as the proxies of economic development. In addition, the volume of risky bank chequ...