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small sample of countries. Alternatively, many researchers have investigated the output effects of public investment …- recognizing that investment may be a poor proxy for the corresponding capital stock. This paper attempts to overcome the data …
Persistent link: https://www.econbiz.de/10005556919
This paper studies the effects of distortionary taxes and public investment in an endogenous growth OLG model with … knowledge transmission. Fiscal policy affects growth in two respects: First, work time reacts to variations of prospective tax … generations, and are not necessarily growth-improving with respect to a pure private system. Non-Ramsey policies that shift the …
Persistent link: https://www.econbiz.de/10005561213
This paper examines the effect of inequality on growth among the sub- national states in India. Theoretically, growth … of the regional economy is driven by productive public investment in the provision of health and education services … obtain an ambiguous relationship between initial inequality and subsequent economic growth. Analysis of the Indian state …
Persistent link: https://www.econbiz.de/10005118699
This paper studies whether and how capital investment and economic freedom jointly endogenize economic growth. The … the crucial role of both domestic and foreign capital investment and economic freedom for rapid growth. Countries that … improve economic freedom and that bolster capital investment tend to experience faster growth. The domestic investment rate …
Persistent link: https://www.econbiz.de/10005125031
access, pricing, and quality against key comparator groups of countries using the most recent World Bank benchmarking data …- income countries for the period 1980-2002 and then project investment needs in these sectors until 2010. Our projections …
Persistent link: https://www.econbiz.de/10005125863
In this paper we empirically analyse the linkages among growth, investment and reforms in the South East Asian … considerably among them selves as well as with regard to the rest of the world, in terms of resources endowment, structure of … capital and structural reforms for the growth prospects of the economies. These factors have shown a strong effect on growth …
Persistent link: https://www.econbiz.de/10005556730
investment performance of each state. The main focus is on the analysis of the legislation related to the promotion and …
Persistent link: https://www.econbiz.de/10005118790
appends our notion of factors behind the economic behavior and growth, by including religious activity as an important factor … influence individual behavior along with the maximization of individual profit and utility. The finding that economic growth …
Persistent link: https://www.econbiz.de/10005118941
This paper surveys the economic literature on the links between finance, law and growth in the Central and Eastern … based on an adequate legal system it can positively contribute to economic growth. However, the financial system in CEE …
Persistent link: https://www.econbiz.de/10005125524
The paper shows that the current view of globalization as an automatic and benign force is flawed: it focuses on only one, positive, face of globalization while entirely neglecting a malignant one. The two key historical episodes that are adduced by the supporters of the “globalization as it...
Persistent link: https://www.econbiz.de/10005118746