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Is Government Size Optimal in the Gulf Countries of the Middle East? An Empirical Investigation.

Aly, H.; Strazicich, M. - Economic Research Forum (ERF) - 1999

The size of government consumption relative to national output is examined to see if it is optimal in five Gulf … marginal productivity of government consumption. The "Barro rule" states that government services are optimally provided when … the marginal product of government consumption is one. Regression tests are undertaken for each country, and then in …

Persistent link: https://www.econbiz.de/10005671134

Debt Stabilization & Impact of Government Size on Long-run Economic Growth: Tunisia.

Ghali, K.H. - Economic Research Forum (ERF) - 1998

shrinking the size of its government on the basis of conclusions from cross-country growth studies. Analysis of the causal … impact of government size on growth in this country proves that these recommendations are far from being realistic. …

Persistent link: https://www.econbiz.de/10005639343

Institutional Change and Macroeconomic Performance in Iran Two Decades after the Revolution (1979-1999).

Hakimian, H. - Economic Research Forum (ERF) - 1999

Interest in economic policy and performance in Iran under the Islamic Republic remains vigorous two decades after the Revolution. Since 1979, Iran has undergone important socio-economic and institutional changes and has been affected by significant economic and political upheavals. This paper...

Persistent link: https://www.econbiz.de/10005486515

Institutions and Government Controls.

Esfahani, H.S. - Economic Research Forum (ERF) - 1999

This paper develops a model of government policy toward industrial control and regulation that sheds light on the … the model developed by Shleifer and Vishny (1994 and 1998), which suggests that government controls over firms come about …-motivated redistribution of rents, the present model shows that it may be the ability to use the government's regulatory powers at discretion …

Persistent link: https://www.econbiz.de/10005780397

Dunamics of Macroeconomic Adjustment in a Globalized Developing Economy (Turkey).

Metin-Ozcan, K.; Yeldan, A.E. - Economic Research Forum (ERF) - 2000

Our purpose in this paper is to establish stylized facts of the Turkish macroeconomic adjustment using data from 1999 to date. We adopt a tradition al a-priori definition of business cycles as cyclical co-movements of economic variables such a public, private and construction investments, trade...

Persistent link: https://www.econbiz.de/10005780395

Economic Growth and Convergence: an Application to the Provinces of Turkey, 1975-1995.

Tansel, A.; Gungor, N.D. - Economic Research Forum (ERF) - 1999

Recently, there has been an upsurge of empirical studies that test the convergence prediction of the neoclassical growth theory at the country, regional, state or provincial levels. These studies examine whether poorer economies will eventually catch up with richer ones in terms of both income...

Persistent link: https://www.econbiz.de/10005207719

Development and Poverty - Reduction Strategies in Egypt.

Osman, O.M. - Economic Research Forum (ERF) - 1998

Using consumption/expenditure based poverty lines, the 1995/6 estimated poverty measures indicate an overall headcount index of 22.9 percent, which is slightly higher in rural areas. The paper shows that in Egypt, poverty is highly growth elastic, and thus poverty reduction will improve with...

Persistent link: https://www.econbiz.de/10005780400

Structural Obstacles to Economic Adjustement in the MENA Region: the International Trade Aspects.

Karshenas, M. - Economic Research Forum (ERF) - 1999

he Middle East and North Africa (MENA) region has lagged behind other regions in liberalization and economic reform during the past two decades. In this paper I argue that while socio-political and institutional factors may help explain the differences in the pace of economic reform between the...

Persistent link: https://www.econbiz.de/10005780402

Economic Trends and Macroeconomic Policies in Post-Revolutionary Iran.

Pesaran, M.H. - Economic Research Forum (ERF) - 1999

This paper reviews some of the main trends in the Iranian economy over the past two decades and discusses the key economic policy issues that divide the reformist from the more conservative factions in Iran.

Persistent link: https://www.econbiz.de/10005780406

The 1997-1998 East-Asian Financial Crises: an Islamic Perspective.

Elhiraika, A.B. - Economic Research Forum (ERF) - 1999

This paper examines the causes and policy implications of the 1997-98 financial crises in East Asia from an Islamic perspective. The paper suggests that the crises may be better understood as consequences of internal contradictions in the interest-based financial system as regards risk and...

Persistent link: https://www.econbiz.de/10005486511