Showing 1 - 10 of 224
the world as a set of regions specialising in production of certain commodities and mathematically derives a model that …
Persistent link: https://www.econbiz.de/10005556473
dependency, weak dependency and independence of the developing country on the developed world (G-7). A country is characterized …
Persistent link: https://www.econbiz.de/10005118691
-run investment-saving correlation follows directly from the economy's dynamic budget constraint and this does not depend on the … degree of international capital mobility. Therefore, unless the budget constraint is violated, the time series of investment … annual and quarterly post-war U.S. data, I find that investment and saving are cointegrated in levels as well as in rates …
Persistent link: https://www.econbiz.de/10005119491
investment elasticity. We show that a positive yet uncertain future productivity shock is likely to cause consumption booms … because of sluggish investment reactions. Our analysis shows that, the greater the expected future productivity is; or the …, while risk aversion causes low investment elasticity and hence reduces the total benefit of capital account liberalization …
Persistent link: https://www.econbiz.de/10005125556
The paper explores the impacts of heterogeneity in degree of relative risk aversion on the balance on current account in a two-country endogenous growth model. It concludes that, like the heterogeneity of demographic changes, the heterogeneity in degree of relative risk aversion generates...
Persistent link: https://www.econbiz.de/10005062580
Strategies for trade liberalization in developing countries when time preference rates are heterogeneous across countries are examined in the context of endogenous growth. The paper concludes that the best strategy for a developing country with the higher rate of time preference is generally the...
Persistent link: https://www.econbiz.de/10005062616
The current population in the World has grown beyond the Break-even level of the food supplies, water, clothing and … practical solutions. Algebraic Model with a broad based Redefined Productivity Model and Management Decision integrated with …
Persistent link: https://www.econbiz.de/10005119190
Productivity were the Essence of the Administrative strategy of Mrs. Indira Gandhi (Late Prime Minister of India). These approaches … World Nations to Accelerate their pace of Social and Economic development … “Consultant Adviser - Computer Services”, to the Caribbean Development Bank, Barbados, West Indies ( World Bank / UNDP Setup …
Persistent link: https://www.econbiz.de/10005076600
's approach to control other nations in the world,through unilateral Army power,tie up of domestic markets towards USA, and … Nation USA alone can perform the role of fighting threat to the world, lead the poor nations toward a free and democratic … outlook. An Algebraic Model of the author infers that Productivity of the assisted nations should be with reference to their …
Persistent link: https://www.econbiz.de/10005556940
The captioned article was earlier published in “Economic Horizons” volume 18, #72 – AH 1418 – 1997 (4) Pages (65-78). I had some concerns about the article regarding the methodology adopted for analysis in deriving the macroeconomic parameters and the derivation and interpretation of...
Persistent link: https://www.econbiz.de/10005561154