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ECONOMIC PRODUCTIVITY (3) answer(s).
 
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ID:   181669


Crude calculations: productivity and the profitability of conquest / Coe, Andrew J; Markowitz, Jonathan N   Journal Article
Coe, Andrew J Journal Article
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Summary/Abstract For many centuries, conquest was commonplace, and its attractiveness was central to the character of international politics. Why has it declined? Existing theories cannot explain why powerful countries no longer conquer states with easily extractable wealth. We develop an explanation based on the relationship between a potential conqueror's economic productivity and its ability to profit from conquest. Productivity has opposing effects on conquest's profitability: it raises the opportunity cost of each asset diverted to conquest, but also reduces the quantity of assets required for conquest. The net effect is determined by the composition of investment in innovation. We document that since at least 1950 investment has been predominantly aimed at civilian, not military innovations, so that rising productivity should reduce conquest's net profitability. Using cost analyses of comparable wars, we estimate bounds on the profitability of conquering the oil and gas reserves of the Persian Gulf, a very tempting target, for the United States and Iraq, two potential conquerors of widely differing productivity. Though both mechanisms operate, we find that the net effect of higher productivity is to reduce the profits from conquest. Moreover, this net effect is large enough to render conquest generally unprofitable for contemporary high-productivity states.
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2
ID:   193026


Does Universities’ Research Output Aligned to National Development Goals Impact Economic Productivity? Evidence from Kenya / Ogot, Madara; Onyango, George Mark   Journal Article
Ogot, Madara Journal Article
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Summary/Abstract Few studies on developing countries have investigated the alignment of research output to a country’s development agenda and economic productivity. Using evidence from Kenya, this study sought to empirically determine whether the country’s research output is aligned to its development agenda in the first instance and to establish the output’s relationship to economic productivity. Journal publications were used to measure research output. From the analysis, 86% of the publications fell within one or more of the national development priority areas, though 60% were in only 6 of the 35 areas. Several areas had no publications at all during the period under investigation. Furthermore, excluding the health and education sectors, a strong positive relationship was established between the number of publications in different priority areas and those areas’ contribution to Gross Domestic Product. The Government, therefore, needs to avail research funding to research institutions, which, in turn, need to focus their research effort on all identified national development priority areas if Kenya’s development aspirations are to be achieved and the desired economic growth attained.
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3
ID:   133925


Economic development and reforms in India and China: a comparative perspective / Swamy, Subramanian 2010  Book
Swamy, Subramanian Book
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Publication New Delhi, Har-Anand Publications Pvt Ltd, 2010.
Description 336p.Hbk
Standard Number 9788124115350
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Copies: C:1/I:0,R:0,Q:0
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Accession#Call#Current LocationStatusPolicyLocation
057876338.954051/SWA 057876MainOn ShelfGeneral