Showing 1 - 10 of 88
We investigate the relationship between unemployment and growth in China. We find considerable differences in the …
Persistent link: https://www.econbiz.de/10010189833
The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...
Persistent link: https://www.econbiz.de/10009011182
Fiscal policy has become quite controversial in the post-Keynesian era, the debate over the Obama stimulus package being a contentious recent example. Some pundits go so far as to take the position that macroeconomic theory has failed to meaningfully progress in terms of providing useful...
Persistent link: https://www.econbiz.de/10008653412
between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can … (economic growth). Our findings for the Associations of Southeast Asian Nations (ASEAN), People Republic of China and India (ACI …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U …
Persistent link: https://www.econbiz.de/10010531112
-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …
Persistent link: https://www.econbiz.de/10011557905
change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor …
Persistent link: https://www.econbiz.de/10013206154
Financial constraints are an important impediment to the growth of small businesses. We study theoretically and … decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … waiting time, and slows their growth by around 10 percent, leading to a 10 percent reduction in franchised chain employment. …
Persistent link: https://www.econbiz.de/10010210716
For a long time, China’s impressive growth performance has been driven by investment and high productivity gains. Based … sustainability of China’s investment- and export-driven growth model. It is shown that since the turn of the millennium buoyant … soft budget constraints is seen to undermine China’s long-term growth potential. …
Persistent link: https://www.econbiz.de/10012016064
We analyze the impact of EU structural and cohesion funds on economic growth of European regions, using 2SLS to tackle … economic growth in the EU. The inter-regional spillovers in the effect of Cohesion Policy on regional growth are found to be … redistribution: institutional reform can also help boost growth performance. …
Persistent link: https://www.econbiz.de/10012138778
into the global economy through trade and FDI inflows, China is seen as primarily manufacturing-lead growth with India as … service-lead growth (see Rodrick & Subramanian (2006)). An alternative view is that India is effectively a lagged version of …, India-China bilateral trade has increased by a factor of 33 between 1995 and 2007, and this growth has occurred at an …
Persistent link: https://www.econbiz.de/10008697087