Showing 1 - 10 of 219
We revisit the evidence of the existence of a long -run link between financial intermediation and economic growth, by … testing of cointegration between the growth rate of real GDP, control variables and three series reflecting financial … intermediation. We consider a model with a factor structure that allows us to determine whether the finance-growth link is due to …
Persistent link: https://www.econbiz.de/10008793870
In this paper, we analyze the interaction between corruption, taxation and economic growth. Our contributions are … twofold. Theoretically, in an endogenous growth model, we introduce corruption in two different ways: corruption in the public … growth rate positively but it can also exert a negative effect via fiscal revenue. Not only does it tend to make the tax rate …
Persistent link: https://www.econbiz.de/10008805920
With a vast and diverse SME sector India’s industrialization owes much to the technological dynamism of enterprises. Various institutional interventions have been made to promote innovativeness in the sector, albeit, following economic reforms, it appears that the SME sector has not been...
Persistent link: https://www.econbiz.de/10009386042
There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of imports. Assuming reasonable spreads between the yield on reserve assets and the cost of foreign...
Persistent link: https://www.econbiz.de/10005699170
expenditure and capital expenditure on the growth rate of output in the Indian context along with other key potential determinants … of economic growth such as trade openness and private investment. It utilizes structural vector autoregression (SVAR …) methodology for examining the dynamic response of output growth to the shocks in major macro economic variables wherein public …
Persistent link: https://www.econbiz.de/10005699133
Most developing countries continue to face serious problems in developing adequate and responsive tax systems. This paper reviews the three principal ways in which developing countries may expand and improve their taxation systems - base-broadening, rate reduction, and administrative improvement...
Persistent link: https://www.econbiz.de/10005170187
The paper examines the urbanization pattern with context of India. The paper deals with various demographic aspects of urbanization. Also the paper focuses on characteristics and classes of cities, and poverty and slums. [Working Paper 141]. URL: [http://fgks.in/IndexServer/tifac/article/141.pdf]
Persistent link: https://www.econbiz.de/10009321503
Simultaneous relationship between telecommunications and the economic growth, using data for developing countries are … examined. Using 3SLS, a system of equations that endogenize economic growth and telecom penetration (respectively production … function and demand for telecom services), along with supply of telecom investment and growth in telecom penetration are …
Persistent link: https://www.econbiz.de/10008543111
€œgreen†economic growth, which can not only provide the new markets and jobs needed immediately for alleviating poverty, but also … address the challenges of global warming. Working models already exist, proving that sustainable growth is possible. To … achieve this will require social, technical and structural changes, as well as appropriate policies conducive to eco-innovation …
Persistent link: https://www.econbiz.de/10008671973
International organizations promote privatization as precondition for economic development. But is there really too little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state-owned firm. Different government types are compared to...
Persistent link: https://www.econbiz.de/10005187345