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investment opportunities in another sector) and financial intermediation (shocks to the cost of raising capital in the financial …. Additionally, the investment oversensitivity problem is corrected. However, only the financial intermediation model is consistent … with the observed finding that volatility of R&D is larger than that of investment and output. …
Persistent link: https://www.econbiz.de/10011113400
This paper is an attempt to investigate the causal relationships among agriculture and exports in Pakistan by using time series data for the period between 1971 and 2007. There are several efforts reflecting greater interest in exploring the possible relation between the international trade and...
Persistent link: https://www.econbiz.de/10005835581
The relationship between Foreign Direct Investment (FDI) and Gross Domestic Products (GDP) had become the centre piece …
Persistent link: https://www.econbiz.de/10005837196
The objective of this study is to estimate potential output vis-à-vis output gap for Pakistan’s economy. This paper reviews six commonly used techniques to estimate potential output and from that the output gap. The results suggest that while measures of output gap are not identical they...
Persistent link: https://www.econbiz.de/10005837409
1940s, focusing on how both economic theory and the needs of policymakers influenced the methods and concepts used. The …
Persistent link: https://www.econbiz.de/10011257743
occurring in the U.S., or the Great Deceleration. Smith’s growth theory and his measure of aggregate output are employed in …
Persistent link: https://www.econbiz.de/10011258534
This paper is (over the formulas) self explaining . The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a So-cial factors relativized GDP. This index cuts out the part of the GDP that is long term fro-zen up by social transfers...
Persistent link: https://www.econbiz.de/10011259539
The present study aims to show an analysis of relationship between gross fixed capital formation and economic growth in Romania, Bulgaria, Czech Republic, Poland and Hungary for the period 2003-2009. For this, the statistical connection analysis method is applied. The used variables are: the...
Persistent link: https://www.econbiz.de/10011260574
Abstract The sub-optimal savings propensity in South Africa the past three decades causes concern for the ability of the country to support its economic development. An historical analysis of the development of the savings’ trends in South Africa may assist in understanding the historical...
Persistent link: https://www.econbiz.de/10011260668
With the prime objective of learning from the fossil fuel based CO2 emissions-economic growth-world crude price nexus of a leading economy, the underpinning nature of the relationship among them is investigated for the United States (US). Autoregressive distributed lag bounds testing approach to...
Persistent link: https://www.econbiz.de/10008871156