EFFECTS OF ELECTRIFICATION ON THE COAL INDUSTRY’S PRODUCTION AND DISTRIBUTION: EVIDENCE FROM 1900s JAPAN

2020 ◽  
pp. 1-26
Author(s):  
MAYO MORIMOTO
Keyword(s):  
Coal Mining ◽  
Economic Performance ◽  
Mining Industry ◽  
Significant Decline ◽  
Labor Income ◽  
Difference In Differences ◽  
Income Share ◽  
Us Economy ◽  
The Us ◽  
Production And Distribution

This study examines how electrification affected the economic performance of the Japanese coal mining industry in the 1900s. Using difference-in-differences estimation, we find that electrification considerably improved labor productivity and increased the number of workers, but had statistically zero effects on miners’ wages and caused a significant decline in the labor income share. We explain this phenomenon by using the “superstar firm” hypothesis, which provides a consistent explanation of the recent declines in labor income share in the US economy.

scholarly journals HOW CORRELATED ARE MEXICO’S SALARIES AND US OUTPUT? AN INQUIRY ON SOME US BORDER CITIES

2017 ◽  
Vol 4 (8) ◽  
pp. 28
Author(s):  
Willy Walter Cortez ◽  
Alejandro Islas-Camargo
Keyword(s):  
Labor Income ◽  
Growth Convergence ◽  
Us Economy ◽  
Wage Rates ◽  
Northern Border ◽  
The Us ◽  
Short And Long Term ◽  
Long Term Behavior ◽  
The Relationship

In this essay we pursue the question about the nature of integration that there is between the Mexican cities’ labor market located along the northern border and the US economy. We also inquiry whether there has been any change in such a relationship over time. Using the Hodrick-Prescott filter we are able to establish the short and long term behavior of the wage rates in the four largest US Border Mexican cities. We find that there has been a change in the nature of the relationship between the cyclical components of the Mexican labor income and US output. We also find some evidence about growth convergence within northern border Mexican labor incomes.

Economic Performance and Environmental Quality at the Regional Level An Approach to Modeling Depletion Adjusted Macro Aggregates for the Czech Coal Mining Regions

2011 ◽  
pp. 281-302
Author(s):  
Egor Sidorov ◽  
Iva Ritschelová
Keyword(s):  
Coal Mining ◽  
Economic Performance ◽  
Methodological Approach ◽  
Mining Industry ◽  
Economic Structure ◽  
Regional Level ◽  
Resource Rent ◽  
The Czech Republic ◽  
Mining Regions ◽  
Macroeconomic Aggregates

The chapter describes an approach for the calculation of coal depletion adjusted regional macroeconomic aggregates for the coal mining regions of the Czech Republic. In the first part of the chapter, the concept of depletion adjusted macroeconomic aggregates is discussed. The next two parts provide a description of the coal mining regions as well as the position of the coal mining industry in the Czech economic structure. The final part of the chapter describes the methodological approach to resource rent and depletion modeling. After that, the coal depletion adjusted macroeconomic aggregates are presented, followed by our conclusions.

Designing a framework for integrating environment management with drivers of economic performance

2015 ◽  
Vol 9 (3) ◽  
pp. 376-392 ◽  
Author(s):  
Rashmi Ranjan ◽  
Niladri Das
Keyword(s):  
Environmental Management ◽  
Coal Mining ◽  
Economic Performance ◽  
Corporate Strategy ◽  
Linear Regression Analysis ◽  
Mining Industry ◽  
Primary Data ◽  
Content Type ◽  
Coal Mining Industry ◽  
Key Drivers

Purpose The purpose of this paper is to integrate drivers of economic performance with environmental management aspects and core managerial functions of the Indian coal mining industry. Design/methodology/approach For this research paper, primary and secondary data have been used. The primary data were collected through a questionnaire survey which was distributed in the four subsidiaries of Coal India Limited. The validity and reliability of the questionnaire were tested by appropriate statistical techniques. Further, one-sample t-test and multiple linear regression analysis have been used for data analysis. Findings Testing of hypotheses reveals that there is a high level of integration of environmental management aspects with the seven core managerial functions, namely, production process, distribution process, beneficiation process, quality issues, stakeholders’ interest, health and safety and corporate strategy. Further, the paper identified that there is a positive association between integration of environmental aspects with core functions and the four drivers of economic performance and it is strongly associated with societal-related and risk-related drivers of economic performance. But it is less strongly associated with image-related and efficiency-related drivers of economic performance. Research limitations/implications This paper focuses on integrating the environmental management and core functions with key drivers of economic performance in coal mining industry which is one of the most polluting industries of the world. The limitation of the paper is that it is very specific and limited to the coal mining industry. Originality/value The paper contributes to the existing work by designing a framework which identifies the key drivers of economic performance and integrating it with the environmental management system of the organisation.

scholarly journals A Tale of Two Bases: Progressive Taxation of Capital and Labor Income

2021 ◽  
Vol 49 (3) ◽  
pp. 335-391
Author(s):  
Rachel Moore ◽  
Brandon Pecoraro
Keyword(s):  
Labor Income ◽  
Tax Rates ◽  
Capital Income ◽  
Heterogeneous Agent ◽  
Us Economy ◽  
The Us ◽  
Marginal Tax Rates ◽  
Saving Decisions ◽  
Jobs Act ◽  
Modeling Feature

Macroeconomic models routinely abstract simultaneously from two features of the US federal tax code: the joint taxation of ordinary capital and labor income and the special taxation of preferential capital income. In this article, we argue that this abstraction omits a “portfolio-effect” mechanism where endogenous changes to the ordinary-preferential composition of households’ capital income influence individuals’ optimal labor and saving decisions through its impact on their effective marginal tax rates. We demonstrate the quantitative importance of this tax detail by simulating provisions from the recently enacted “Tax Cuts and Jobs Act” using a heterogeneous-agent overlapping generations framework calibrated to the US economy. Our findings imply that accounting for the detailed taxation of labor and capital income should be considered an important modeling feature for tax policy analysis.

Work environments and workers’ grievances: Accounting for variation in wildcat strikes in the US coal mining industry, 1970–1977

2016 ◽  
Vol 40 (4) ◽  
pp. 1039-1056
Author(s):  
Hyun Woo Kim
Keyword(s):  
Coal Mining ◽  
Mining Industry ◽  
Coal Industry ◽  
Wage Bargaining ◽  
Work Environments ◽  
Data Set ◽  
Strike Activity ◽  
Coal Mining Industry ◽  
The Us

This article examines the role of work environments and workers’ grievances as factors generating wildcat strikes in the US coal mining industry from 1970 to 1977, a period of intense worker–management conflict. Drawing on historical and empirical evidence, it argues that the classical wage-bargaining model of authorized strike activity fails to account for variation in the incidence of wildcat strikes in general, and those in the coal mines in particular. The analysis employs a unique data set on wildcat strikes in the coal industry during the period. This article brings the analysis of the causes of wildcat strikes into closer dialogue with social and labor movement theory.

scholarly journals US Real GDP Growth and Impact of Covid-19

2021 ◽  
Vol 6 (2) ◽  
pp. p20
Author(s):  
Dhameeth, G.S. ◽  
Diasz, L.
Keyword(s):  
Economic Performance ◽  
Work Hours ◽  
Gdp Per Capita ◽  
Gdp Growth ◽  
Us Economy ◽  
Real Gdp ◽  
Global Pandemic ◽  
The Us ◽  
Real Gdp Per Capita ◽  
Per Capita

The global pandemic, COVID-19, has exacerbated the Gross Domestic Product (GDP) growth of the global economy since its outbreak in December 2019. One of the most affected economies, due to the global pandemic, is the US economy, currently crippled by an increased number of COVID-19 related deaths, layoffs, reduced work hours, and other related natural disasters, such as winter storms. Hence, it is imperative that the damage done to the GDP growth is evaluated meticulously to craft favorable monetary and fiscal policies to uplift economic performance. One of the key yet debated methods used by many economists is utilizing real GDP per capita as an economic performance measurement tool. Using two economic datasets and a multiple regression model, we compared real GDP per capita performance in the US economy between the second and third quarters of 2020. The study finds that the impact seems detrimental due to restrictions imposed on economic activities, such as business closures, disturbances in the supply chain, employee layoffs and reduced work hours. However, in the third quarter of 2020 COVID-19 after some of the COVID-19 imposed restrictions were lifted, the real GDP per capita significantly increased.

Dynamic Scoring in the Ramsey Growth Model

2008 ◽  
Vol 8 (1) ◽  
Author(s):  
Ergete Ferede
Keyword(s):  
Growth Model ◽  
Income Tax ◽  
Labor Income ◽  
Capital Income ◽  
Transfer Payments ◽  
Us Economy ◽  
The Us ◽  
Parameter Values ◽  
Tax Cuts ◽  
Dynamic Scoring

Abstract This paper extends the Mankiw and Weinzierl (2006) model and examines the revenue effects of capital and labor income tax cuts under alternative financing regimes. Our analysis suggests that the revenue losses from capital and labor income tax cuts are the highest when the tax cuts are productive spending-financed and the lowest when transfer payments are used to finance the tax cuts. For plausible parameter values consistent with the US economy, we find that about 47 percent of a transfer-financed capital income tax cut is self-financing. The corresponding result for a productive spending-financed capital income tax cut is only 6 percent.

Comparing Australian Macroeconomic Management: Labor versus Coalition

2005 ◽  
Vol 16 (1) ◽  
pp. 43-69
Author(s):  
P.N. Junankar
Keyword(s):  
World Economy ◽  
Difference In Differences ◽  
Real Rate ◽  
Macroeconomic Variables ◽  
Labor Party ◽  
Clear Cut ◽  
Coalition Governments ◽  
Us Economy ◽  
The Us ◽  
Australian Economy

This paper attempts to assess the relative performance of the Australian Labor Party (ALP) and the Coalition governments in their management of the Australian macroeconomy. Given the problem of defining an appropriate counter/actual, we make comparisons using a number of different methods. Firstly we compare the averages of the key macroeconomic variables for the period of each government and then compare changes over the tenure of each government. Secondly, we use the method of ‘difference in differences’; that is, we compare the performance of the Australian economy with the US economy. This allows us to control for any features of the world economy that may be driving all the economies. A crude comparison suggests that the Labor party performed better on inflation and the real rate of interest while the Coalition performed better on growth and unemployment. However, there is no clear cut answer.

Sign in / Sign up

Export Citation Format

Share Document