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    <title>EconStor Community: Department of Economics, The University of Utah, Salt Lake City</title>
    <link>http://hdl.handle.net/10419/64407</link>
    <description>Department of Economics, The University of Utah, Salt Lake City</description>
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      <title>The debate on labor standards and international trade: Lessons from Cambodia and Bangladesh</title>
      <link>http://hdl.handle.net/10419/64483</link>
      <description>Title: The debate on labor standards and international trade: Lessons from Cambodia and Bangladesh
&lt;br/&gt;
&lt;br/&gt;Authors: Berik, Günseli; van der Meulen Rodgers, Yana
&lt;br/&gt;
&lt;br/&gt;Abstract: This study examines the status and enforcement of labor standards in two Asian economies (Cambodia and Bangladesh) that are experiencing strong pressures to cut labor costs and improve the price competitiveness of their textile and garment exports. Analysis of survey, interview, and compliance data indicate differing trajectories in compliance with basic labor standards. While problems persist in Bangladesh, compliance has improved in Cambodia following a trade agreement with the United States that linked positive trade incentives with labor standards enforcement. These contrasting experiences suggest that trade-linked schemes can achieve improvements in labor standards without hindering export growth or job growth.</description>
      <pubDate>Mon, 29 Oct 2007 22:58:59 GMT</pubDate>
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    <item>
      <title>Endogenous Money in the Age of Financial Liberalization</title>
      <link>http://hdl.handle.net/10419/64481</link>
      <description>Title: Endogenous Money in the Age of Financial Liberalization
&lt;br/&gt;
&lt;br/&gt;Authors: Özgür, Gökçer; Ertürk, Korkut A.
&lt;br/&gt;
&lt;br/&gt;Abstract: The paper reports results that show a much weakened statistical relationship between total bank credit, total deposits and the broad money supply for the period after 1995 for the US, where no statistical causation can be discerned in either direction. This has been the result of the changing nature of the credit creation process where banks have acquired almost total independence from required reserves and core deposits in extending credit, and even an ability to circumvent the constraint posed by capital requirements through asset securitization, giving rise to an explosive increase in nonbank intermediation. As a result, the expansion of bank credit did not result in a commensurate increase of bank deposits because financial intermediation spilled over to nondepository institutions, and with the growing importance of nonbank deposits in M3, broad money supply became broader than banks' total deposits.</description>
      <pubDate>Mon, 29 Oct 2007 22:58:59 GMT</pubDate>
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    <item>
      <title>Total factor productivity and income distribution: A critical review</title>
      <link>http://hdl.handle.net/10419/64482</link>
      <description>Title: Total factor productivity and income distribution: A critical review
&lt;br/&gt;
&lt;br/&gt;Authors: Jeon, Yongbok
&lt;br/&gt;
&lt;br/&gt;Abstract: The aim of the present paper is to critically reappraise the validity and the relevance of the notion of total factor productivity (TFP) as a measure of technological progress. Placing the focus on the role that the neoclassical distribution theory plays in measuring technological progress, we take up the recent revival of the tautology argument (Felipe &amp; McCombie 2003) and the simple results of the capital controversies. First, I argue that the measure of TFP exclusively relies on the marginal productivity theory of distribution through which factors' income shares are linked to their technological progress. Second, it will be shown that the marginal productivity theory of distribution is based on extremely limited theoretical and empirical grounds. Third, therefore, it is concluded that the measure of TFP as a measurement of the contribution made by technical progress to the economic growth has very little to do with the reality.</description>
      <pubDate>Sun, 29 Oct 2006 22:58:59 GMT</pubDate>
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      <title>The indigenous movement and the economic trajectory of Ecuador</title>
      <link>http://hdl.handle.net/10419/64480</link>
      <description>Title: The indigenous movement and the economic trajectory of Ecuador
&lt;br/&gt;
&lt;br/&gt;Authors: Jameson, Kenneth P.
&lt;br/&gt;
&lt;br/&gt;Abstract: On many measures, the indigenous movement in Ecuador has been the most successful in Latin America. This is particularly the case in political terms where they were key players until leaving the Gutiérrez cabinet. Their influence on the direction of economic policy has been minimal, however, and the rapid economic changes undertaken by the Correa administration since 2007 may marginalize them further. This paper examines Ecuador's checkered economic performance in the Washington Consensus period and the notable changes undertaken by Pres. Correa. These changes are then set in the context of the economic programs of the indigenous movement, specifically of CONAIE (Confederación de Nacionalidades Indígenas del Ecuador). This allows us to isolate several significant areas of overlap where the interests of the indigenous movement and of the Correa administration coincide and where collaboration on economic policy may be feasible.</description>
      <pubDate>Mon, 29 Oct 2007 22:58:59 GMT</pubDate>
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