The aim of the paper “Contribution of Capital in Growth” is to evaluate the increase in capital depreciation, which reduces capital-labor ration and reduces the output per worker since capital per worker and with less output consumption…
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b) In such a model, the growth rate of output is ∆y/y =(SAnd), and therefore arise in depreciation cause a reduction in an economies output and since the growth rate of capital is a function of such depreciation and since they the increase in depreciation decreases capital stock. And since consumption is relative to output a decrease in output impacts in a similar way to consumption as they are positively related. Therefore it can be seen that increase in depreciation will reduce the capital stock, in the long run, reducing capital, capital-output per worker and finally consumption.
At steady state the optimum capital is utilized and since the government takes up all the units produced. The labor force utilizes all the capital available which the government takes up as indicated by point A. Also at this point, the government saves nothing since it utilizes everything in purchasing the entire output.
b) increase in government purchases will cause an increase in productivity per worker but since the capital is a function of depreciation capital at the disposal of the workers will decrease in the long run causing a reduction in the output per worker and consequently a reduction in consumption an increase in “g” cannot even match the growth of population or labor force of an economy.
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According to the report transnational strategies seem to be more popular with multinationals where they endeavor to meet local market needs by adapting to them while meeting global demands. At this level the organization is supposed to have efficient coordination mechanisms for all the subsidiaries that facilitate integration and specialization.
Social capital is defined as a sociological concept, which relates to connection between and within social networks. Usually, this concept widely outlines the role of confidence and cooperation as well as social relation to get economic and collective results.
As a result, Britain continued expanding its colonies so as to gain major access to these resources. For instance toward the east, Canada offered access to great fishing grounds, New England offered timber for the Royal Navy, tobacco exports from South America and slaves from West Africa.
Most people agree that education and training contributes in various ways to the economic growth and development. There are numerous explanations to this argument, all of which point out to the same proposition of education and training contribution in the economy.
However, such a determinant is but one concern among dozens that multinationals take into account when choosing whether to engage with a given economy within a given nation (Rubin 2012). Moreover, due to the highly nuanced decision factors that help guide the growth and development of international business, one can safely assume that such a determinant is not at the very top of the company’s priority list.
Tax system plays a huge role with respect to rescuing ailing economy and increasing its growth prospect overtime. Most of countries across the globe operate almost similar taxation policies and systems but they differ in how they apply them on key economic performance measures. Policy makers currently consider taxation a major debatable issue.
Method such as recycling can be used to deal with such situation so that waste is made useful to the society. In low income countries (underdeveloped countries) most food go into waste at the production level while in developed countries most waste come after such stages like processing and production.
Companies are highly geared when the fixed charges are substantially higher than the competition. Gearing is speculative and expected to provide benefits for shareholders when the firms are performing well. The concept of gearing has always been linked with uncertainties.
The research would venture into the importance of this human capital in determining the true value of organization. The objective of research would also be to suggest appropriate methods to calculate this human capital. The