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as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10014396933
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on...
Persistent link: https://www.econbiz.de/10014396181
to the rest of the world have become stronger and more diversified, which increases its exposure to systemic risks. … Spillovers to Indonesia. …
Persistent link: https://www.econbiz.de/10009510804
regressions for countries in the region, relating real growth in domestic output to world growth in trade weighted by partner …
Persistent link: https://www.econbiz.de/10014403000
This paper uses VAR models to examine the magnitude and sources of growth spillovers to the Baltics from key trading …-country spillovers to the Baltics with those from the EU outweighing spillovers from Russia. Shocks to the REER generally depress growth … of spillovers to the region which partly explains the realization of downside risks to the Baltics from the global …
Persistent link: https://www.econbiz.de/10014402484
spillovers from the global crisis affected countries in the region as much as other countries in the sub-Saharan region? Have the … transmission channels or magnitudes of the spillovers been different across EAC countries? How can these countries return quickly …
Persistent link: https://www.econbiz.de/10014411426
This paper formulates a simple aggregate growth model that is capable of assessing the impact of macroeconomic policies on the long-term performance of a developing country. The model emphasizes expenditures on human capital and the dynamics of external debt, and yields empirically testable...
Persistent link: https://www.econbiz.de/10014396208
This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human...
Persistent link: https://www.econbiz.de/10014395877
Since 1978 the Chinese economy has grown on average more than 9 percenta year. Per capita income has nearly quadrupled in the past 15 years andsome analysts predict that within 20 years the Chinese economy will belarger than that of the United States. This pamphlet analyzes the reasonsfor the...
Persistent link: https://www.econbiz.de/10014403126
damaging spillovers from such tax competition. Finally, a separate background document develops practical tools and models that …
Persistent link: https://www.econbiz.de/10012644784