Explore the vast range of titles available.

In this paper we analyze the role of pollution for industry location and residence choice. We present a new economic geography (NEG) model in which manufacturing generates local pollution (that does not accumulate) and uses two types of labour input: unskilled workers that cannot migrate and work where they live; and high-skilled entrepreneurs that choose where to produce and where to live. Taking on board costless commuting or, in alternative, distance working, entrepreneurs can live in a different location from production. Both types of households enjoy utility from consuming all commodities (locally and imported variants) and suffer from local pollution. The resulting model is of the footloose entrepreneur variant, but involves two dynamic equations: the standard one governing the residential choice of entrepreneurs, and another one governing where production is located. The current paper analyses the discrete time dynamic process defined by a two-dimensional piecewise smooth map. Depending on parameters this map can have possibly coexisting attractors of various types (fixed points, cycles, closed curves as well as chaotic attractors). We analytically obtain stability conditions for the fixed points. Using numerical methods we describe also some global dynamic properties of the considered map. Finally, we propose an economic interpretation of the results concerning local stability analysis and global dynamics.

Palley (1996. Inside debt, aggregate demand, and the Cambridge theory of distribution, Cambridge Journal of Economics, vol. 20, 465–74) argues that, when inside debt is taken into account, the Pasinetti theorem does not apply. Palley's conclusion, however, derives from a mis‐specification of the steady growth equilibrium condition, according to which capitalists' accumulation of wealth equals their saving. In this note, Palley's mis‐specification is corrected and it is shown that, when the rate of profits is equal to the rate of return on debt obligations, the Pasinetti theorem still holds. Furthermore, the range of validity of the dual theorem of Meade (1963. The Rate of profit in a growing economy, Economic Journal, vol. 73, no. 292, 665–74) and Samuelson and Modigliani (1966. The Pasinetti paradox in neoclassical and more general models, Review of Economic Studies, vol. 33, no. 4, 269–302) is severely reduced.

In this paper we extend the post Keynesian theory of growth and distribution to a corporate economy. We show that the rate of profits and the distribution between profits and wages are influenced by the behavioural parameters of shareholders and firms, such as the degree of indifference between dividends and capital gains and the retention ratio, and by long-lasting stock market imperfections. What has been obtained in previous analyses such as O'Connell (1985, 1995) are special cases of these results. The conditions for the existence of what are known in the literature as Pasinetti and dual equilibria are also investigated.

We present a discrete time version of the Pasinetti-Solow economic growth model. Workers and capitalists are assumed to save on the basis of rational choices. Workers face a finite time horizon and base their consumption choices on a life-cycle motive, whereas capitalists behave like an infinitely-lived dynasty. The accumulation of both capitalists' and workers' wealth through time is reduced to a two-dimensional map whose local asymptotic stability properties are studied. Various types of bifurcation emerge (flip, Neimark-Sacker, saddle-node and transcritical): a precondition for chaotic dynamics.

Recently, issues of international taxation have also been analysed from a New Economic Geography perspective. These discussions show that adding agglomerative forces can change the results considerably. In the paper, we introduce explicitly taxation and public expenditures into a Footloose Capital Model and investigate the local and global dynamic implications of such a public policy for industry agglomeration. It turns out that agglomeration can be highly sensitive wrt initial conditions and/or parameters and that these dynamic patterns are surprisingly robust wrt to the taxation principle.

Studies of non-linear cobweb models have failed to address a fundamental issue: whether the complex dynamical behavior displayed by such models is consistent with the survival of producers. This paper shows that where borrowing is unconstrained, as is implicitly assumed in standard cobweb models, borrowing results in financial crises. Incorporating constraints on borrowing is needed to salvage cobweb models. Industry performance (in terms both of profitability and of the incidence of bankruptcies) is highly sensitive to the nature of such credit restrictions.(This abstract was borrowed from another version of this item.)

This paper explores a dynamic model of an agricultural sector in which farms are leased to cultivators on fixed rent contracts or on sharecropping contracts and in which cultivators are subject to credit rationing by banks. The model, which can exhibit complex dynamics, is used to compare the two pure forms of land tenure and to explore some implications of the coexistence of both types of tenure. The central conclusion from the dynamic simulations is that, contrary to the conventional proposition based on static analysis, both landowners and cultivators may be better-off under sharecropping. Copyright � 2006 The Authors; Journal compilation � 2006 Blackwell Publishing Ltd.(This abstract was borrowed from another version of this item.)

Summary Aims To implement a patient registry and collect data related to the care provided to people with type 2 diabetes in six specialized centers of three Latin American countries, measure the quality of such care using a standardized form (QUALIDIAB) that collects information on different quality of care indicators, and analyze the potential of collecting this information for improving quality of care and conducting clinical research. Methods We collected data on clinical, metabolic and therapeutic indicators, micro‐ and macrovascular complications, rate of use of diagnostic and therapeutic elements and hospitalization of patients with type 2 diabetes in six diabetes centers, four in Argentina and one each in Colombia and Peru. Results We analyzed 1157 records from patients with type 2 diabetes (Argentina, 668; Colombia, 220; Peru, 269); 39 records were discarded because of data entry errors or inconsistencies. The data demonstrated frequency performance deficiencies in several procedures, including foot and ocular fundus examination and various cardiovascular screening tests. In contrast, HbA1c and cardiovascular risk factor assessments were performed with a greater frequency than recommended by international guidelines. Management of insulin therapy was sub‐optimal, and deficiencies were also noted among diabetes education indicators. Conclusions Patient registry was successfully implemented in these clinics following an interactive educational program. The data obtained provide useful information as to deficiencies in care and may be used to guide quality of care improvement efforts. Linked Comment: Patel et al. Int J Clin Pract 2013; 67: 1217–8.