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Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the … China over the next two decades. Extrapolating past real GDP growth rates into the future, the size of the Chinese economy … surpasses that of the U.S. in purchasing power terms between 2012 and 2015; by 2025, China is likely to be the world's largest …
Persistent link: https://www.econbiz.de/10005062447
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the … China over the next two decades. Extrapolating past real GDP growth rates into the future, the size of the Chinese economy … surpasses that of the U.S. in purchasing power terms between 2012 and 2015; by 2025, China is likely to be the world's largest …
Persistent link: https://www.econbiz.de/10005556063
This paper collects most recent developments in the emerging economic sub-area Economics of Religion. According to secularization thesis, the importance of beliefs and religious activities should weaken as education, scientific knowledge and economic welfare increases. That hypothesis has been...
Persistent link: https://www.econbiz.de/10005118941
This abstract will be reformatted upon submission. You don't need to format for line-breaks here!!!!! This will be a new paragraph but you can't indent - sorry. Now remember the good old days of cards. Punched holes in The Journal of Economic Perspectives (Summer, 1999: 3-114) published a...
Persistent link: https://www.econbiz.de/10005556058
This paper decomposes the large regression residuals of income across 84 U.S. Native American economies (USNAEs) into Solow and Solow-like parts. Decomposition is accomplished algebraically. The calculations find a weak to negative correlation between income and Solow residuals, and a strong...
Persistent link: https://www.econbiz.de/10005118791
Total factor productivity measurement enables researchers to determine the contribution of supply-side production factors to economic growth. For Bulgaria, which is a transition economy, it is difficult to construct a production function with stable parameters, mostly because there are atypical...
Persistent link: https://www.econbiz.de/10005125694
It is assumed that performance of production system can be described with the three variables: amount of production equipment -- capital stock $K$ and 'consumption' of labour L and capital services S. It is shown that the production function can be specified as the known Cobb- Douglas production...
Persistent link: https://www.econbiz.de/10005134973
We present evidence of the relationship between trade-openness and growth in the sample of former communist countries before and after the transition from a central planned economy (CPE) to a market economy by applying standard OLS and panel estimation techniques. The main finding is that during...
Persistent link: https://www.econbiz.de/10005408258
Our aim in this paper is to test the robustness of the relation between total factor productivity growth and inflation to the specification of the model adopted for its identification. In doing so we estimate a generalized Box-Box cost function using data from the two-digit Standard Industrial...
Persistent link: https://www.econbiz.de/10005412823
The purpose of this paper is to reassess the standard Solow growth model,using a dynamic panel data approach. A new methodology is chosen to deal with this problem. First, unit root tests for individual country time series were run. Second, panel data unit root and cointegration tests were...
Persistent link: https://www.econbiz.de/10005556713