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  • 1990-1994
  • 1980-1984  (2)
  • 1982  (2)
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  • 1990-1994
  • 1980-1984  (2)
Year
  • 1
    Electronic Resource
    Electronic Resource
    Springer
    De economist 130 (1982), S. 38-70 
    ISSN: 1572-9982
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Summary An attempt has been made to estimate a putty-clay vintage model for the Netherlands in order to test the assumption, usually made in the Dutch vintage model discussion, of complementarity ex ante. The estimation led to the following conclusions: an elasticity of substitution of about 0.32, a planning period of 13 years and apart from the 1950s the existence of embodied labour-augmenting technical progress only. The model outcomes lead to the conclusion of capital shortage being the ruling phenomenon in the postwar period with only some short periods in the 1950s and the late-1960s of capital abundance. Since the late-1970s employment growth is not only depressed by too slow a growth of capacity demand for labour but also by the increasing underutilization of productive capacity.
    Type of Medium: Electronic Resource
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  • 2
    ISSN: 1572-9982
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Summary This article considers the question of what factors determined the unfavourable development in the Dutch export performance during the second half of the 1970's. Application of constant-market-shares analysis on value data led to the conclusion that this could not be attributed to the Dutch export structure, the influence of which on the value of exports was positive. To ascertain how this conclusion should be amended in case of volume data a regression analysis was carried out. This led to the conclusion that the worsening in the export performance after 1973 resulted from both the export structure and a weakening of competitiveness, the influence of both factors being about equal. These results were compatible as the positive influence of the export structure found by the CMS analysis could almost completely be ascribed to the price factor. As a by-product of the regression analysis the export elasticity is found to lie in the vicinity of −1.5.
    Type of Medium: Electronic Resource
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