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As a country progressively engages in international trade, its factors of production will enter increasingly into the …
Persistent link: https://www.econbiz.de/10009365282
This paper establishes a simple model of long run economic and political development, which is driven by the inherent technical features of dierent production factors and the political con.icts among factor owners on how to divide the outputs. The main production factor in economy evolves from...
Persistent link: https://www.econbiz.de/10009365197
This paper establishes a simple model of long run economic and political development, which is driven by the inherent technical features of dierent production factors, and political conicts among factor owners on how to divide the outputs. The main capital form in economy evolves from land to...
Persistent link: https://www.econbiz.de/10009365249
. The fiscal stimulus effects indicate the importance of fiscal consolidation efforts to sustain high growth. The trade … growth rate of the economy and the agricultural sector, extends the analysis of the fiscal stimulus and its effects, and … estimates the short and long run elasticities of India’s trade. This brings out the need for structural reforms in raising the …
Persistent link: https://www.econbiz.de/10009650940
. The fiscal stimulus effects indicate the importance of fiscal consolidation efforts to sustain high growth. The trade … growth rate of the economy and the agricultural sector, extends the analysis of the fiscal stimulus and its effects, and … estimates the short and long run elasticities of India’s trade. This brings out the need for structural reforms in raising the …
Persistent link: https://www.econbiz.de/10009650944
body of literature which shows that trade is good for economic growth which in turn should be good for poverty reduction … element in determining the poverty reducing outcome of growth. Second, while trade may be good for growth, it does not … necessarily imply that trade liberalization per se is good for growth. Indeed, trade liberalization, if pursued without due …
Persistent link: https://www.econbiz.de/10009647690
body of literature which shows that trade is good for economic growth which in turn should be good for poverty reduction … element in determining the poverty reducing outcome of growth. Second, while trade may be good for growth, it does not … necessarily imply that trade liberalization per se is good for growth. Indeed, trade liberalization, if pursued without due …
Persistent link: https://www.econbiz.de/10009647692
This paper investigates the RMB exchange rate from a long-run viewpoint. Whether Chinas rapid economic growth brought …, China, among those where the BSH does not present, appears to be upgrading its industrial and trade structure. We then try … to answer the question of why past rapid growth has no significant relationship with the RMB real exchange rate and what …
Persistent link: https://www.econbiz.de/10009363987
The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals … manufacturing trade, have gone further and that this is likely one of the key determinants of better economic performance of China …. Still, Chinas integration process so far remains characterized by a certain duality. On the one hand the opening up of trade …
Persistent link: https://www.econbiz.de/10009365111
This study is an attempt to analyse the determinants of private investment in Pakistan over the period 1972-2005. The ARDL co-integration approach is employed to check the existence of a long-run relationship as well as short-run dynamics of investment. The results show that most traditional...
Persistent link: https://www.econbiz.de/10009365406