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This paper concentrates on the significance of Research and Development (R&D) for economic growth in the developing economy of Pakistan. The paper also questioned the major macro determinants of R&D in Pakistan. The study used time series data for the period 1971- 2008. The results obtained from...
Persistent link: https://www.econbiz.de/10011110291
In this paper, we examine the demographic transition and its effect on economic growth using a cross-country data. We use a threshold regression model to verify the transition and to confirm whether the demographic transitions are compressed or not in developing countries. We found out that in...
Persistent link: https://www.econbiz.de/10011114542
The Japanese economic behavior is modeled. GDP evolution is represented as a sum two components: economic tend and fluctuations. The trend is an inverse function of GDP per capita with a constant numerator. The growth rate fluctuations are numerically equal to two thirds of the relative change...
Persistent link: https://www.econbiz.de/10005623454
The importance of research in this area is that modern economies seek new value, while the time incorporates a significant economic value. The interest to investigate time use has increased in recent decades, refocusing research programs of economic science towards a new horizon of knowledge...
Persistent link: https://www.econbiz.de/10011260921
The work paper aims to point out the importance of the new technologies like factor of economic development. The new technologies represent the base of competitive advantage at micro and macro level. Those countries that support research could achieve higher GDP, which is an important issue. In...
Persistent link: https://www.econbiz.de/10005029707
The Lucas critique has exposed the problem of the trade-off between changes in monetary policy and structural breaks in economic time series. The search for and characterisation of such breaks has been a major econometric task ever since. We have developed an integral technique similar to CUSUM...
Persistent link: https://www.econbiz.de/10008927057
US, Japan, France and other developed countries and provide additional validation of our quantitative framework based …
Persistent link: https://www.econbiz.de/10008839473
Abstract In the 1980s, fifty years after the Great Depression industrial countries came again to be haunted with the spectre of mass unemployment. The unemployment situation, into the 1990s, continues to be dire in several European Union countries. Double digit unemployment rates are currently...
Persistent link: https://www.econbiz.de/10011107275
Abstract This paper was originally written as a background document for the ILO's input to the second United Nations Conference on Human Settlements (Habitat II) held at Istanbul, 3-14th June 1996. In recognition of the active role of the ILO in preparation for Habitat II, the Habitat...
Persistent link: https://www.econbiz.de/10011108788
Abstract A most pressing problem before the world community today is that of unemployment and underemployment - the existence of mass unemployment in advanced economies (the North) and the lack of adequate employment opportunities in many developing countries (the South) for their fast-growing...
Persistent link: https://www.econbiz.de/10011109961