Economics and Finance

1701 Submissions

[3] viXra:1701.0485 [pdf] submitted on 2017-01-13 17:18:21

[preliminary by Dongchan Lee] What Pisa Timss 2015 Show_global Math Edu Crisis and Its Economic Impacts

Authors: Dongchan Lee
Comments: 54 Pages. 1st draft in PPT based pdf form

The recent releases of the PISA 2015 and TIMSS 2015 math results showed clearly that most of the developed countries are in math EDU growths in stagnations or collapses. Lee demonstrated the overall math score history of both TIMSS and PISA 1995-2015 for 15-20 years and what the stagnations mean for the future economies of these nations and what are the concrete alternatives to overcome the past 1-2 decades' of the math education stagnations.
Category: Economics and Finance

[2] viXra:1701.0470 [pdf] submitted on 2017-01-11 17:54:52

Why the Top 5-6 Original Oil Richest Arab Countries as Well as Some Fast Moving Coginitive Skill Nations Should be Treated as Outliers in the Regression Analyses for the Relationships Between the Economic Growths Vs. the Cognitive Skills

Authors: Dongchan Lee
Comments: 9 Pages. 1st draft

In this short paper, I demonstrated that why the top 5-6 original oil richest countries need to be excluded from most of the socio-economic vs. cognitive skill regressions because they will remain as outliers far too much out to the otherwise very reliable and stable regression growth coefficients and explanation powers of the models involved. I included some simple linear regression charts where they are far out in North West corners of the regression lines; their GDP per capita had reached the top tier of the world by the 70s already with the minimal cognitive skills and education inputs; I provided their relative economic strength compared to the economic miracle powers from the Eastern Asia: 4 Asian Tigers and China so that you can see their super rapid rises were all due to their oil-based economies; their top 6 shares of the Natural Resource rents as percent of capita over the past 40 years. I believe that these 4 key factors may allow anyone serious about any serious regressions that involve the socio-economic regressions to exclude these 5-6 countries in their analysis. Finally I made a brief comment about the polar opposite to these countries with the poor economy with the rapid gains of the cognitive skills.
Category: Economics and Finance

[1] viXra:1701.0298 [pdf] replaced on 2017-01-09 04:09:17

Introducing Marx General Equilibrium Economics

Authors: Erman ZENG
Comments: 46 Pages.

The quantitative Marxism function system is developed on the basis of the labor theory of value as the micro foundation including Marx labour value function, Marx surplus value function, Marx production function. The heterogeneous aggregation problem is overcome by using matrix analysis of the macro input-output data resulting price eigenvalues and product value thus the details about an economic system such as the rate of profit, the surplus rate of value, the elasticity of capital output. The falling tendency of the rate of profit may not be true if the economy undergoes an general equilibrium.
Category: Economics and Finance