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The study investigates the effects of trade volume and trade policies on economic growth. An extension of an earlier study, conducted by Halit Yanikkaya, the study investigates economic growth from cross-section data of 99 countries between 1998 and 2002. The study employs trade measure...
Persistent link: https://www.econbiz.de/10005062649
the discussion by investigating how differences in time preference rates and R&D productivity under alternative …
Persistent link: https://www.econbiz.de/10005062653
high regional disparities, varying with the sector. We also find diverse combinations in productivity and unit price of …
Persistent link: https://www.econbiz.de/10005125734
industry in most cases, however, has displayed stagnating productivity growth, in some periods even a fall in productivity …. Does this fast-growing industry with a bad productivity record present a threat to aggregate productivity growth and, hence … its own stagnating productivity growth. Moreover, the industry has not yet exhausted opportunities for tackling existing X …
Persistent link: https://www.econbiz.de/10005412877
high regional disparities, varying with the sector. We also find diverse combinations in productivity and unit price of …
Persistent link: https://www.econbiz.de/10005556182
raising labour force participation and productivity can partly offset the impacts of an ageing population. These would enhance …
Persistent link: https://www.econbiz.de/10005556842
The belief that equality of demand and supply determines price and clears the market is universal. Shockingly, this belief is unfounded. It contradicts macro’s claim that equality of demand and supply determines output. It contradicts (new) monetary theory, which claims that equality of demand...
Persistent link: https://www.econbiz.de/10005413280
'Gainful trade: a new economics' explains why and how economics may be rebuilt from scratch to allow the occurence of gainful trade. It uses a new concept of consistency of social choice and a new analytical tool called consistency analysis to build a unified model of economics. It answers all...
Persistent link: https://www.econbiz.de/10005119309
In a recent edition of Perspectives on Politics, Larry Bartels examines the high levels of support for tax cuts signed into law by President Bush in 2001. In so doing, he characterizes the opinions of “ordinary people” as being based on “simple-minded and sometimes misguided considerations...
Persistent link: https://www.econbiz.de/10005556921
The article presents an analysis of welfare effects in Slovenia, an analysis of macroeconomic effects of the Slovenian pension reform and an analysis of effects of the pension fund deficit on sustainability of Slovenian public finances with a dynamic OLG general equilibrium model. It has been...
Persistent link: https://www.econbiz.de/10005125636