HOW DID THE WEALTHIEST AUSTRALIANS GET SO RICH

被引:0
作者
SIEGFRIED, JJ [1 ]
ROUND, DK [1 ]
机构
[1] UNIV ADELAIDE,ADELAIDE,SA 5001,AUSTRALIA
关键词
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
Two hundred sixty-three of the largest Australian fortunes are classified by date and industry of origination. More began in property development, sheep ranching and clothing manufacturing than in other industries. First generation immigrants own more than twice the number of fortunes as would bc expected on the basis of their proportion of the population. A panel of experts judged that three-quarters of the fortunes originated in competitive industries. One explanation for large fortunes accumulating in competitive industries is extraordinary returns to disequilibrium (innovation and product differentiation). Other explanations include the assumption of risk and the return to scarce entrepreneurial and managerial skills. Progress in communication and transport technology have made it possible to leverage modest Ricardian rents into large profits via chain operations.
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页码:191 / 204
页数:14
相关论文
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