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. Using this model, I demonstrate how a positive investment-saving correlation can arise in a world with endogenous fiscal … capital mobility. This implies that the observed investment- saving comovement is not necessarily due to imperfect capital … investment. Empirical examination of this prediction indicates that U.S. time series data is compatible with the hypothesis of …
Persistent link: https://www.econbiz.de/10005119430
). Domestic investments should be from Domestic Savings. Domestic Technology should be manned by Domestic Manpower. These could …
Persistent link: https://www.econbiz.de/10005408439
linking Domestic Investment with Domestic Saving Potential (Entrepreneurial Background). Both these Circles are to be … =========================================================== CONCEPTS DERIVED :- 01. DOMESTIC INVESTMENTS THROUGH DOMESTIC SAVINGS – EXOGENOUS CIRCLE. (INDIVIDUAL / CORPORATE / GOVERNMENT …
Persistent link: https://www.econbiz.de/10005561298
Transport infrastructure improvements are considered to be one of the most effective tools for stimulating economic activity; at the same time environmentalists have largely condemned most road building as being one of the greatest threats to tropical forests. In this paper we put forth some...
Persistent link: https://www.econbiz.de/10005556211
This paper aims to evaluate the trade potential of manufactured products between the members of the EU25 in the threshold of its Eastern enlargement. We estimate, for 2002, a cross-section gravity model, whose coefficients will be used to project the “natural” trade relations between them....
Persistent link: https://www.econbiz.de/10005062628
and exogenous test. I will use the World Trade Database to systematically test this hypothesis in a gravity model of trade …. World energy prices are used to bypass issues of endogeneity regarding primary exports. A one percent increase in world …
Persistent link: https://www.econbiz.de/10005062648
Within any preferential trade agreement (PTA) origin rules exist in order to prevent third countries from taking advantage of the PTA concessions. The rules thus are there to preserve the existing external protection of countries within the PTA. However, depending on their formulation, they can...
Persistent link: https://www.econbiz.de/10005408057
. In particular, the United States is the country which has most frequently applied negative economic sanctions after World … place in recent years. This paper provides, through a gravity model approach, an estimation of the impact of economic … estimation focuses on the impact of unilateral U.S. sanctions on bilateral trade volume between target countries and the other G …
Persistent link: https://www.econbiz.de/10005119279
specific effects. In the estimation we made use of two additional explanatory variables which are found to be relevant when …
Persistent link: https://www.econbiz.de/10005119322
interpreted as state prices (the prices of $1$ dollar tomorrow in each state of the world) or as the intertemporal marginal rates …
Persistent link: https://www.econbiz.de/10005076947