Showing 1 - 10 of 271
The interest rate and the rate of economic growth are often regarded as roughly constant as economies grow. Moreover …, the agricultural sector and rural population typically shrink. We show that an otherwise standard growth model that … marginal returns of capital. As a result, the interest rate and the growth rate of the economy remain constant during the …
Persistent link: https://www.econbiz.de/10005062745
Transitional dynamics in growth models have been subject to much attention recently. With a few exceptions, existing …
Persistent link: https://www.econbiz.de/10005125673
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
a theory which links the institutional framework to the long-run composition of the economy, and thereby to measured TFP … TFP can be attributed to the composition of output. Estimation exercises suggest that recent findings of a conducive effect …
Persistent link: https://www.econbiz.de/10005126217
A reduction of trade barriers will influence the overall scale of agricultural activities, the structure of agricultural production in different countries, the mix of inputs and outputs, the production technology, and the regulatory framework. These adjustments, in turn, will impact on the...
Persistent link: https://www.econbiz.de/10005062612
We consider processes with second order long range dependence resulting from heavy tailed durations. We refer to this phenomenon as duration- driven long range dependence (DDLRD), as opposed to the more widely studied linear long range dependence based on fractional differencing of an $iid$...
Persistent link: https://www.econbiz.de/10005407934
The aim of this paper is to provide evidence about the existence or non- existence of structural breaks in exchange rates of European transition economies. We used the testing procedure of Vogelsang (1997) that allows for detecting a break at an unknown date in the trend function of a dynamic...
Persistent link: https://www.econbiz.de/10005556048