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作者:National Taiwan University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:In Taiwan during the Japanese colonial period, sugarcane was typically purchased by Japanese-owned sugar mills at prices guaranteed long in advance of delivery. In some places, the future price was indexed to the price of rice in the following year. This study points out that indexing served to insure farmers' real incomes. But as an insurance against an aggregate risk, this arrangement threatened the mill's profits. We investigate why mills nevertheless offered the insurance.
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作者:University of Portsmouth
摘要:Va Nee. L. Van Vleck has sought, in a recent issue of this JOURNAL, to dismiss Thorstein Veblen's characterization of the British system of coal rail haulage as embodying serious inefficiencies arising from the interrelatedness of its rolling stock and infrastructure, which inhibited modernization. This she rejects in favor of an alternative view of the small coal wagon, understanding it within a broader system of distribution in which the small wagon provided flexibility and substituted for t...
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作者:University of Portsmouth
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作者:Santa Clara University
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作者:University of California System; University of California Berkeley
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作者:University of Illinois System; University of Illinois Urbana-Champaign
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作者:Stanford University
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作者:University System of Ohio; Miami University; University System of Ohio; Miami University
摘要:Studies of the contemporary period for the United States and for Canada have established that the presence of an immigrant population is associated with an increase in trade between the immigrants' host and origin countries. We wish to discover if such a protrade phenomenon was systematically associated with the massive inflow of immigrants to the United States during the 40 years preceding World War I. Applying a gravity model to U.S. imports of 78 commodities from 17 countries at five-year i...
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作者:University of California System; University of California Berkeley; University of California System; University of California Berkeley
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作者:Higgs, R
摘要:The orthodox view of U.S. reconversion after World War II relies on unacceptable GDP figures for the wartime economy and misinterprets the low level of unemployment during the war. For the postwar transition, the emphasis on consumer demand financed by drawing down liquid assets accumulated during the war is inconsistent with the facts. The success of the transition depended on the reestablishment of regime certainty, which in turn depended on diminishing the influence of the more zealous New ...