The classical theory of production and the capabilities view of the firm

Article Abstract:

Non-maximizing modes of economic behavior and the disequilibrium nature of the market process relative to a firm's growth capacity is analyzed. Similarities between evolutionary economics and the classical theory of production are presented and analyzed. Studies reveal an overall perspective of understanding economic organization commencing with the process of production instead of market deals structuring.

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Bivariate and multivariate tests of the inflation-productivity Granger-temporal causal relationship: evidence from Greece

Article Abstract:

Newer economic techniques are used to illustrate a bidirectitonal relationship between price level and productivity when factors such as money and cycle breaks are removed from the equation, using data on Greece from 1962-1997. Reduction of inflation can result in increased productivity in the abscence of other determining factors.

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The demand for imports and economic reform in Spain

Article Abstract:

Research into the substitutability links between labour, capital and imported inputs in the production process in Spain is presented. It appears that all of the inputs are substitutes for one another.

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