Showing 1 - 10 of 58
This paper analyses some of the main factors behind the recent rapid growth in the Commonwealth of Independent States … (CIS) and the prospects for its continuation. Two approaches are used. The first approach uses growth accounting exercises … to estimate the total factor productivity (TFP) growth of all transition economies and compare them with other fast …
Persistent link: https://www.econbiz.de/10005162285
standard properties of a closed economy one-sector neoclassical growth model hold, ruling out cycles and chaos, and allowing us …
Persistent link: https://www.econbiz.de/10005044995
distribution, growth and international specialization. The model is explored both for the steady-state properties and the … transitory dynamics of integrated economies. Income inequality affects the patterns of growth and international specialization as …
Persistent link: https://www.econbiz.de/10009649653
explain growth performance, focusing on the impacts of the increasing internationalisation of production. …
Persistent link: https://www.econbiz.de/10010686981
Conventional econometric analysis using VEC suggests that there is a long-term relationship between nominal world GDP and nominal world exports. The analysis cannot say anything about the causal relationships between the levels of GDP and exports. But it says a lot about the rules governing the...
Persistent link: https://www.econbiz.de/10010686984
Summary This paper analyses the extent and impact of structural changes on aggregate economic growth that occurred in … order to evaluate the impact of broader sectoral shifts on GDP growth, focusing on the period 1995-2011. A decomposition of … aggregate GDP/GVA growth using the shift and share analysis shows a distinct North-South pattern of growth and restructuring …
Persistent link: https://www.econbiz.de/10010820199
reasons, it has developed in a non-standard way. However, the prospects for reforms and growth are now better than they have … rates. However, price stability seems to have been sustained in most of the region and growth rates are turning positive …, the countries in the region have quite diverse relations with the European Union. After years of negative growth, most …
Persistent link: https://www.econbiz.de/10009649628
In an international comparison, CEECs show a relatively strong economic growth performance coming close to that of the … first and second tier of Asian Tiger countries over the past decade, which emerge as the best growth performers (setting … aside China). In recent years the CEECs' dynamic growth performance has even accelerated despite an economic slowdown in …
Persistent link: https://www.econbiz.de/10009492716
direct investment (FDI) in South-East European countries (SEECs). It also draws lessons from the experience of Central … some crucial areas - foreign penetration in the manufacturing sector, FDI-related policies and privatization as a vehicle … of FDI. The paper comes to the conclusion that the countries can transform and grow faster if they rely on foreign direct …
Persistent link: https://www.econbiz.de/10009649589
account of tax allowances; and (v) economic growth and income generation through FDI increase the tax base. Structural change …Recent developments have revealed that (i) advanced transition countries have received most of the FDI to date …, especially greenfield projects; (ii) more countries than in the mid?1990s are resorting to FDI in order to accelerate …
Persistent link: https://www.econbiz.de/10009649599