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Agriculture-industry linkages in india: evidences and some issues
Saikia, Dilip - In: Economics Bulletin 31 (2011) 2, pp. 29-29
The structural changes in sectoral composition and uneven pattern of growth of agriculture, industry and services sectors of India's economy in the post-reform period, coupled with the recent spate of services-led growth is likely to cause substantial changes in the inter-sectoral linkages. In...
Persistent link: https://www.econbiz.de/10010630183
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Indian economy and growth of financial market in the contemporary phase of globalization era
Saha, Malayendu - In: Economics Bulletin 31 (2011) 4, pp. 56-56
A passive impression has been that the maturity of Indian economy with most economic and social indicators owes a favour to the opening up of the economy and subsequent integration into the global trade, investment and financial liberalization. Gradual increase in GDP, excellent performance in...
Persistent link: https://www.econbiz.de/10010835962
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What Determines Technology Diffusion Across Frontiers? R&D Content, Human Capital and Institutions
Assiotis, Andreas; Zachariades, Marios; Savvides, Andreas - In: Economics Bulletin 35 (2015) 2, pp. 856-870
This paper examines the determinants of international technology diffusion across a sample of 127 countries for the period 1961-2011. We measure technology diffusion by the importation of two capital goods categories that embody different R&D content: computers and metalworking machinery. We...
Persistent link: https://www.econbiz.de/10011235045
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A Note on Commodity Taxation and Economic Growth
Konishi, Kunihiko - In: Economics Bulletin 35 (2015) 1, pp. 540-549
This study reexamines the growth effect of commodity taxation in a variety-expansion model. Integrating endogenous labor supply, a linear utility function for consumption, and an additively separable utility function for consumption and leisure, we derive results that contrast with those of...
Persistent link: https://www.econbiz.de/10011199672
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Bayesian estimation of spatial externalities using regional production function: the case of China and Japan
Hashiguchi, Yoshihiro - In: Economics Bulletin 30 (2010) 1, pp. 751-764
This paper used regional panel data for Chinese provinces from 1979 to 2003, and for Japanese prefectures from 1955 to 1998, to estimate the spatial externalities (or spatial multiplier effects) using a production function and Bayesian methodology, and to investigate the long-run behavior of the...
Persistent link: https://www.econbiz.de/10008625857
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A Note on Shock Persistence in Total Factor Productivity Growth
Mishra, Tapas; Ouattara, Bazoumana; Parhi, Mamata - In: Economics Bulletin 31 (2011) 2, pp. 1869-1893
We study implications of persistence of shocks in total factor productivity (TFP) growth under Bayesian framework for a … implication of our finding is that the persistence process governing TFP series is non-linear, stationary for some period and … (mildly) explosive for others pointing to the fact that linear policy rules to counteract stochastic shocks in TFP may not …
Persistent link: https://www.econbiz.de/10009144888
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Semi-endogenous growth when population is decreasing
Christiaans, Thomas - In: Economics Bulletin 31 (2011) 3, pp. 2667-2673
The paper analyzes the effect of a negative population growth rate on per capita income growth using a simple model of semi-endogenous growth. It is shown that there is a non-monotonous relationship between population growth rates and long-run per capita income growth rates. Compared to the case...
Persistent link: https://www.econbiz.de/10009294125
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Harrod's cumulative growth circle
Guarini, Giulio - In: Economics Bulletin 31 (2011) 4, pp. 3041-3051
In this paper I aim to show through an analysis from a history of economic thought perspective that Harrod's famous model, An Essay in Dynamic Theory (1939), can be considered a fundamental example of cumulative growth circle. Having described the original model, I then go on to examine the...
Persistent link: https://www.econbiz.de/10009351485
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A note on continuous time models with general cash-in-advance constraints
Miyazaki, Kenji - In: Economics Bulletin 30 (2010) 4, pp. 2856-2863
This note completely characterizes continuous time models with general cash-in-advance constraints in that money is demanded for purchasing not only consumption goods but also for making all or some investments. Examining the three-dimensional dynamics of an exogenous growth model with general...
Persistent link: https://www.econbiz.de/10008683470
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Innovation, Growth and Convergence in the Euro-Mediterranean Area: Implications for MENA Countries
Péridy, Nicolas - In: Economics Bulletin 30 (2010) 4, pp. 2978-2986
This paper focuses on the innovation gap between countries in the Euro-Mediterranean (Euromed) area and its implications in terms of growth and convergence. Using a large set of innovation variables, we estimate a growth model à la Barro which shows that differences in innovation between...
Persistent link: https://www.econbiz.de/10008692046