scholarly journals Differences, Switches and ‘Consistently Side by Side’: Krishna Bharadwaj and the Sraffian Critique of Economic Theory

2021 ◽  
pp. 001946622110172
Author(s):  
Christian Gehrke

The study discusses Krishna Bharadwaj’s elaboration of the Sraffian critique of the currently dominating supply-and-demand equilibrium theories that are based on the marginalist approach by making use of documents from the Sraffa archive. Starting from Krishna Bharadwaj’s astute observation that the law of diminishing returns ‘was the thin end of the wedge by which the marginal analysis was introduced and generalised’ the study is concerned with Sraffa’s critique of the marginalist treatment of intensive diminishing returns and his return to a pre-marginalist and non-mechanical analysis of the intensification of land use. In the opening part of the article, the development of the friendship and collaboration between Piero Sraffa and Krishna Bharadwaj is briefly recalled, based on information provided in the correspondence files and diary entries in Sraffa’s papers. JEL Code: B24, B31, B51

Author(s):  
Olha Dorosh ◽  
Iryna Kupriyanchik ◽  
Denys Melnyk

The land and town planning legislation concerning the planning of land use development within the united territorial communities (UTC) is considered. It is found that legislative norms need to be finalized. The necessity of updating the existing land management documentation developed prior to the adoption of the Law of Ukraine "On Land Management" and changes in the structure of urban development in connection with the adoption of the Law of Ukraine "On Regulation of Urban Development" was proved as they do not ensure the integrity of the planning process within the territories of these communities through their institutional incapacity (proved by the example of the Palan Unified Territorial Community of the Uman district of the Cherkasy region). The priority of land management and urban planning documents as the most influential tools in planning the development of land use systems in UTC is scientifically grounded and their interdependence established.


Games ◽  
2021 ◽  
Vol 12 (1) ◽  
pp. 26
Author(s):  
Leo Katz ◽  
Alvaro Sandroni

This paper shows that the logical properties of constraints imposed by law are fundamentally different from other constraints considered in economics such as budget constraints and bounded rationality constraints, such as the ones based on inattention or shortlisting. This suggests that to fully incorporate law into economics may require a revision of economic theory.


Land ◽  
2021 ◽  
Vol 10 (6) ◽  
pp. 582
Author(s):  
Peng Tian ◽  
Jialin Li ◽  
Luodan Cao ◽  
Ruiliang Pu ◽  
Hongbo Gong ◽  
...  

Ecosystem services (ESs) is a term used to describe the foundations of the well-being of human society, and several relevant studies have been carried out in this area. However, given the fact that the complex trade-offs/synergy relationships of ESs are a challenging area, studies on matching mechanisms for ES supply and demand are still rare. In this study, using the InVEST model, ArcGIS, and other professional tools, we first mapped and quantitatively evaluated the supply and demand of five ES types (water yield, soil conservation, carbon retention, food supply, and leisure and entertainment) in Hangzhou, China, based on land use, meteorology, soil, and socio-economic data. Then, we analyzed the matching characteristics between the supply and demand of these ESs and analyzed the complex trade-offs and synergy between the supply and demand of ESs and factors affecting ESs. The results of this analysis indicate that although the ES supply and demand of carbon retention tended to be out of balance (supply was less than demand), the supply and demand of the other four ES types (i.e., water yield, soil conservation, food supply, and leisure and entertainment) were in balance (supply exceeded demand). Finally, the spatial heterogeneity of the supply and demand of ESs in Hangzhou was significant, especially in urban areas in the northeast and mountainous areas in the southwest. The supply of ESs was based on trade-offs, whereas the demand of ESs was based on synergy. Our results further show that the supply and demand of ESs in the urban area in Hangzhou were out of balance, whereas the supply and demand of ESs in the western region were coordinated. Therefore, the linkage of ES flows between this urban area and the western region should be strengthened. This innovative study could provide useful information for regional land use planning and environmental protection.


2015 ◽  
Vol 23 (3) ◽  
pp. 5-13 ◽  
Author(s):  
Ewa Kucharska-Stasiak ◽  
Sabina Źróbek

Abstract The economic theory argues that the value of assets, including the value of real property, is influenced by many factors which determine the behavior of operators engaged in market transactions. The knowledge of basic principles and assumptions which underpin the development of value is essential to understanding the methods and procedures of valuation. The thesis, upon which the authors of this article based their theoretical and practical considerations, is formulated as follows: “The knowledge of economic principles of valuation improves the accuracy of valuation and allows for more appropriate interpretation of its results”. Therefore, these factors should be taken into account by appraisers estimating the value of property. Over a dozen so-called key principles of valuation have been formulated in literature. Among them are the principles of anticipation, change, substitution, supply and demand, competition, balance, highest and best use, conformity, and externalities. It is assumed that the most important principle in the valuation of property is the principle of anticipation. Some of the principles are relevant to all the traditional approaches to determining value, while others apply only to selected approaches e.g., the principle of opportunity cost, which is mainly used in valuations using the income approach. The thesis is supported by research results and an analysis of practical examples.


2014 ◽  
Vol 2 (6) ◽  
pp. 512-513
Author(s):  
Lindsay M. Andras ◽  
Haleh Badkoobehi ◽  
Alexander Broom ◽  
Richard E. McCarthy ◽  
David Skaggs

Author(s):  
Eduard Yurii ◽  
Viktoriia Yuziuk

The article examines the features of public procurement in Ukraine and their compliance with EU standards, the factors that affect their effectiveness. The problems of tender purchases that exist in Ukraine during the process are considered. The changes that took place in the implementation of procurement after the introduction in 2020 of a new version of the Law of Ukraine "On Public Procurement" are assessed. A detailed description of Poland's experience in public procurement is provided. The number and types of contracts concluded during procurement are analyzed. The main existing shortcomings in the field of public procurement, ways to solve and improve them are considered. The key EU rules on public procurement to be used in Ukraine have been identified. It was established that it is important to bring the mechanism of public procurement in Ukraine closer to the EU requirements, which will allow our country to raise the issue of joining this organization in the future. The purpose of the article is to analyze the features and problems of public procurement in Ukraine and find ways to overcome them. The main task of reforming the sphere of public finances in our country is to introduce an effective mechanism for the use of public procurement in accordance with the principles and approaches applied by EU countries, which should ensure financial efficiency and transparency of the procurement procedure. Public procurement is one of the tools to regulate supply and demand for specific publications. To increase the transparency and efficiency of use in our country, it is necessary to study the experience of EU member states, especially Poland. Analysis of the experience of public procurement in the EU will be able to identify effective approaches to their implementation in Ukraine, thanks to the main tasks of public procurement reform in our country will introduce an effective system in accordance with the principles and approaches used by EU countries. It is necessary to investigate the change that has taken place in public procurement after the introduction in 2020 of a new version of the Law of Ukraine "On Public Procurement", there are both positive and negative aspects that are due to the existence of corruption schemes in tenders.


Author(s):  
Azmi Annisa Irradhiyah

This research aims to get the data, manage, analyze and discuss the characteristics of the study of Agricultural Land in Sembalun visits: 1 ) Characteristics of agricultural land, 2) Level of agricultural land suitability. This type of research is quantitative. This study population across the districts in East Lombok, amounting to 20 District of the District Keruak, Jerowaru, Sakra, Sakra West, Sakra East, Terara, Montong Ivory, Sikur, Masbagik, Pringgasela, Sukamulia, Suralaga, Selong, Labuhan Haji, Pringgabaya , Suela, Aikmel, Wanasaba Sembalun and Sambelia. Sampling in this study using Purvosive Sampling. Samples are Sembalun subdistrict. Mechanical Analysis by objective research of agricultural land characteristics observed descriptively and databulasi of the field data belongs to the growing requirements of agriculture which can be seen from the slope, soil structure, slope length, slope shape, texture soil, land use criteria. The research found that: 1) Characteristics of agricultural land in Sembalun, had several criteria: a slope in the category Sembalun including steep or less suitable for agriculture by 46-65% kemiringin slope, soil to soil Sembalun criteria granular, blocky or appropriate agricultural land and have long used the medium to long 15-50m, soil texture Sembalun criteria belong to the category of rough because it is composed by sand-plated, dusty sand, slope shape in Sembalun belong to the variation convex with dignity 2 for observation location along notching it is always a convex slope, land use Sembalun belong to the criterion of berlukar / mixed farms with dignity 2. Because along the way, the land berlukar / mixed farms. 2) Suitability of farmland in Sembalun based on the results of pengharkatan to 6 land characteristics, the number value obtained was 12 with class suitability for agricultural land belonging to the class I (land suitable for agriculture).


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