By Brian Atkinson, Bob Milward, Frank Livesey
Written through a crew of skilled writers with contributions from professional economists, Applied Economics combines up to date info with conception to supply an outstanding creation to real-world economics. The booklet comprises chapters at the most vital features of micro and macro economics, each one containing the right thought, yet with the most emphasis on program. there are many examples, with a spotlight on Europe in each bankruptcy.
This is a vital textual content for college students on undergraduate classes in economics, enterprise and social technology.
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Moreover, government policy can sometimes give rise to both push and pull factors simultaneously. For example, Storey an~ Str~ge (~992) found that following the reduction in regional aid in the 1980s, Cleveland experienced a massive decline in inward investment. This, together with continuing falls in steel-making and chemicals, industries that previously dominated the area, meant that unemployment remained above the national average, an important push factor. On the other hand, macro-economic policy might have contributed to the rapid expansion of the economy in the mid 1980s, an important pull factor.
6//995; series Population and Social Conditions, catalogue no, CA-NK-95-006-EN-C. European Commission, The growth in the small firms sector has been much more rapid in the UK than in other countries, although it started from a lower base. The sector's relative size in the UK is much closer now to that of other countries than it was at the beginning of the 1980s. 5). 4 One-man businesses by sector, European Union Sector Industry Construction Distribution, HORECA a Transport and communications Banking, finance Other services All sectors a One-man businesses: % share of total Number of Employment enterprises ees.
Of these three alternatives, employment is probably the most suitable, because it avoids the disadvantage inherent in the others, namely that they are affected by inflation. It also avoids the difficulties that can arise in making international comparisons owing to changes in exchange rates. Although in the course of this chapter we use more than one definition, for much of the time we follow the European Commission (1994) publication, Enterprises in Europe, in defining small firms as businesses with less than a hundred employees.
Applied Economics by Brian Atkinson, Bob Milward, Frank Livesey