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The Chinese flooring industry is growing at a pace of more than 10% a year. Production of wood and laminated flooring in 2007 has been more than 360 million square meters a year, against 216 million in 2003. Chinese experts believe that in year 2010 they will produce 500 million square meters...
Persistent link: https://www.econbiz.de/10004972342
The European production of furniture components is worth about Euro 5,200 million. Italy is the leading European producer, exporter, and consumer, while Germany - being the main furniture producer in Europe - is the leading importer of furniture components. This report provides trends in...
Persistent link: https://www.econbiz.de/10004972398
This article examines the existence and stability of the consumption function in the United States of America (US) beginning in the 1950s. In order to obtain a stable long run relationship, we have introduced two innovative elements into the analysis of the life-cycle of the consumption function...
Persistent link: https://www.econbiz.de/10010597501
This paper estimates the steady state growth rates for the main European countries with an extended version of the Solow (1956) growth model. Total factor productivity is assumed a function of human capital, trade openness and investment ratio. We show that these factors, with some differences,...
Persistent link: https://www.econbiz.de/10010573353
We investigate the growth enhancing variables in a group of countries belonging to the same geographical area namely, India, Sri Lanka, Pakistan and Bangladesh over the period 1960–2010. We find that this “homogeneity” does not necessarily imply that countries have the same growth...
Persistent link: https://www.econbiz.de/10011048901