In this paper, employing VAR and factor analytic models with quarterly U.K. sectoral business investment data, we show that both common and sector–specific shocks play important roles in explaining business investment fluctuations. JEL: C32, E22, E32.

Originalpublikation Santos AC, Willumsen J, Meheus F, et al. The cost of inaction on physical inactivity to public health-care systems: a population-attributable fraction analysis. Lancet Glob Heal 2023; 11: e32–e39. doi:10.1016/S2214–109X(22)00464–8

Abstract Thermochemical exhaust energy recovery in a modern gasoline direct injection engine is investigated using ethanol-gasoline blend (E25) and gasoline, as base fuel. The primary objectives of this research are focused on reducing carbonaceous emissions well improving thermal efficiency fuel economy combustion engines. These consistent with the global commitment to lessen carbon meet envir...

We incorporate a wage-bargaining structure in a dynamic general equilibrium model and show how this feature changes shortand long-run properties of equilibria compared with a perfectly competitive setting. We discuss how employment, capital and income shares respond to wage-setting shocks and show that adjustment dynamics depend decisively on the magnitude of the elasticity of substitution betw...

This paper challenges the current belief that income inequality has a negative relationship with economic growth. It uses an improved data set on income inequality which not only reduces measurement error, but also allows estimation via a panel technique. Panel estimation makes it possible to control for time-invariant country-specific effects, therefore eliminating a potential source of omitte...

Efisiensi penggunaan air pada budidaya tanaman padi merupakan hal yang sangat penting ditengah semakin tingginya persaingan pemanfaatan sumberdaya air. Salah satu upaya dapat dilakukan untuk meningkatkan efisiensi tersebut adalah dengan cara pemantauan ketinggian di petakan lahan sawah, selanjutnya dijadikan dasar dalam pengambilan keputusan pemberian irigasi apabila diperlukan. Hal ini dikenal...

I analyze an economy in which firms can undertake both laborand capital-augmenting technological improvements. In the long run, the economy resembles the standard growth model with purely labor-augmenting technical change, and the share of labor in GDP is constant. Along the transition path, however, there is capital-augmenting technical change and factor shares change. Tax policy and changes i...

This paper revisits the important ideas proposed by Atkinson and Stiglitz’s seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three complementary but different approaches are useful in the study of a range of current research areas– though the...