Showing 1 - 10 of 2,186
This study investigates the relationship between saving, investment and economic growth for India over the period 1950 …. However, few studies show evidence for growth driven saving and some suggest no relationship. In theory, saving may stimulate … test show that higher saving and investment lead to higher economic growth, but the reciprocal causality is not observed …
Persistent link: https://www.econbiz.de/10011259639
This paper aims to investigate the relationship between physical infrastructure and economic development of Pakistan. A composite index of physical infrastructure has been constructed through Principal Component Analysis. This has been done by taking into account three different dimensions of...
Persistent link: https://www.econbiz.de/10011107814
The modern economic theory implemented today is inherently flawed. Unfortunately these flaws are not apparent in … contemporary economic theory which is built on the idea that scarcity is an ever present condition; an approach referred to as … scarce resource theory (SRT) in operating level economics. The consequence of this is that leaders around the world and the …
Persistent link: https://www.econbiz.de/10009203644
, stability and safety. This paper delves into market theory to determine whether what is commonly understood about market forces …
Persistent link: https://www.econbiz.de/10008685520
Investment activity produces effects on two different economic variables. On the one hand, it adds to the existing … make the two aspects of investment compatible to each other. In all cases, a distinction has been made between the … the demand aspect of investment. The adjustment mechanism discussed earlier is based on investment reacting to positive or …
Persistent link: https://www.econbiz.de/10005260126
effective demand model by Bhaduri & Marglin in which investment is determined by costs and capacity utilisation and in which … usually expected in post-Keynesian theory only exists under special conditions. …
Persistent link: https://www.econbiz.de/10008574608
The objective of this study is to evaluate the effect of public spending on economic growth in DR Congo. This is to highlight the non-linear effects of public expenditure on economic growth in the DRC. In view of the results of the econometric regression, there are non-linearities in the...
Persistent link: https://www.econbiz.de/10011112999
This paper contributes to the literature on balance-of-payments-constrained growth by providing an innovative empirical evaluation of a disaggregated version of the so-called Thirlwall's Law derived from a Pasinettian multisectoral framework. After estimating sectoral elasticities of exports and...
Persistent link: https://www.econbiz.de/10008927059
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … relationship: marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent. These results …
Persistent link: https://www.econbiz.de/10008923022
This article examines whether financial sector development has ‘caused’ economic growth and investment in Ghana between … domestic investment for investment growth. The dynamic interactions between the growth of real Per capita Gross Domestic … Product, real domestic investment and indicators of financial sector development are investigated using the concept of Granger …
Persistent link: https://www.econbiz.de/10011259193