Showing 1 - 10 of 1,294
This paper responds to the development policy debate involving the World Bank and the IMF on the use of fiscal policy not only for economic stabilization but also to promote economic growth and increase per capita income. A key issue in this debate relates to the effect of the composition of...
Persistent link: https://www.econbiz.de/10009418512
Foreign Direct Investment (FDI) into Mexico has increased dramatically since the inception of the North American Free … industry productivity and wages over the first ten years of NAFTA, paying particular attention to the source country and … composition, and sources from 1994-2005. There is evidence of a positive effect of FDI on productivity, particularly total factor …
Persistent link: https://www.econbiz.de/10005617063
, then we present two indices of insecurity for Mexico using the principal component factor analysis. An index called …
Persistent link: https://www.econbiz.de/10011108206
in Mexico. We focus in fiscal and monetary policy in the last 30 years. We critically revise empirical economic …
Persistent link: https://www.econbiz.de/10011110069
This paper studies absolute and conditional convergence (alfa and beta-convergence too,) in Mexico over the period 1970 …
Persistent link: https://www.econbiz.de/10005790376
– Inflation) x GDP = K_Index_Infl. Productivity Index: K_Index / Labor Force = K_PROD Inflation indexed Productivity Index: K …
Persistent link: https://www.econbiz.de/10011259539
For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy’s potential. This corollary can be proved...
Persistent link: https://www.econbiz.de/10011259561
The article describes “the theory of value depreciation” developed by the author. In accordance with this theory, economic growth takes place using two inter-connected phenomena: (a) reduction in time necessary to produce “the set of goods currently consumed” (first form of value...
Persistent link: https://www.econbiz.de/10011260254
This paper investigates the empirical relationship between labor productivity, real wages and real GDP in Singapore … from 1997 to 2011. The paper begins with a review of productivity, wage and growth situations in Singapore in the past … relation between labor productivity and real GDP but that wages seem to be caused by other underlying factors. However, real …
Persistent link: https://www.econbiz.de/10009359942
capital. Theoretically, the stock of knowledge available in a country determines through innovation productivity growth. In … that way, we use a Vector Error Correction model (VECM) to evaluate the impact of human capital on productivity growth …. Productivity is approximated by the Total factors Productivity (TFP) evaluated by growth accounting method. Our estimates show that …
Persistent link: https://www.econbiz.de/10005621943