{"product_id":"national-wealth-accounting-and-baseball-player-exports-von-voxi-heinrich-amavilah","title":"National Wealth Accounting and Baseball Player Exports","description":"\u003cp\u003eWealth Accounting and Player Exports. Various  economic theories have advanced understanding of  wealth and wealth creation. Even so, definitions and  accounting methodologies continue to conflate income  and wealth. This conflation mislabels some  countries. Thus, it is incomprehensible since older  generations of economists had a pretty good  characterization of wealth. This book refocuses  attention on these matters. First, it modifies and  describes a wealth accounting approach developed by  the World Bank. It then finds that the wealth of  some countries has increased even as the incomes of  those countries have not. Following Alfred  Marshall''s and John Bates Clark''s counsel that a  useful characterization of wealth is one that  applies to all resources, it is clear that Dominican  baseball player exports to the USA, for example, are  wealth for the Dominican Republic. The analysis of  the second essay shows strong effects of such exports on the economic performance of that country. The  results have significant implications for both  policy and further research.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838330099\"\u003e\u003ch3\u003eEconomic Implications for Performance\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838330099","offer_id":39499080532061,"sku":"9783838330099","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/06ae743a-2321-4fc8-ba2d-bb0cecb8fa27.jpg?v=1757656460","url":"https:\/\/shop.autorenwelt.de\/products\/national-wealth-accounting-and-baseball-player-exports-von-voxi-heinrich-amavilah","provider":"Autorenwelt Shop","version":"1.0","type":"link"}