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Counter factual policy simulations of sustained increase in public investment in infrastructure, financed through borrowing from commercial banks, shows substantial increase in private investment and thereby output in this sector. Further, due to increase in absorption, real private investment...
Persistent link: https://www.econbiz.de/10009365461
This paper attempts to build an aggregative, structural, macroeconometric model for India. Investment and output in the model are disaggregated into four sectors, viz., (a) agriculture including forestry & fishing, (b) manufacturing, (c) infrastructure, which includes power, transport,...
Persistent link: https://www.econbiz.de/10009365472
necessarily convergence of the arbitrage pricing intervals in that context. We prove here that we have very good convergence …
Persistent link: https://www.econbiz.de/10010861455
multi-polar world and to identify the causes of the strategic convergence of management education, to explore the … of the development and convergence of international business schools and business education, and an outline of …
Persistent link: https://www.econbiz.de/10010737655
: that of the divergence or convergence of tastes. Based on a sample of 622 popular films released between 2005 and 2009 in … build an alternative and useful form of tastes’ convergence. …
Persistent link: https://www.econbiz.de/10010747574
convergence or divergence of tastes, such as they are expressed by professional experts and ordinary consumers of films? In other … words, have the ordinary consumers "good taste "? Contrary to recent U.S. studies finding some convergence, our results …
Persistent link: https://www.econbiz.de/10010707023
Persistent link: https://www.econbiz.de/10010707464
Periods for european convergence Real convergence of european economies is disputed in recent studies which suggest an … opposition between real and nominal convergence. This paper enlarges the perspective and considers real convergence over … highlights the distinction between p- and CJ-convergence. Finally, national specific performances, as measured by residuals to …
Persistent link: https://www.econbiz.de/10010707950
This paper evaluates the convergence of energy intensities for a group of 97 countries in the period 1971 …–2003. Convergence is tested using a recent method proposed by Pesaran (2007) [Pesaran, M.H., 2007. A pair-wise approach to testing for … output and growth convergence. Journal of Econometrics 138, 312–355] based on the stochastic convergence criterion. An …
Persistent link: https://www.econbiz.de/10010708323
The aim of this paper is to establish a compactness result on some function sets. The main idea is very simple : it suffices to change the axis in order to transform a family of nondecreasing functions in Lipschitz ones and then to apply Ascoli's theorem. As we will see, this simple geometrical...
Persistent link: https://www.econbiz.de/10010708587