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Transformación económica desde la óptica fiscal. ¿Puede existir un equilibrio entre el corto, mediano y largo plazo para fomentar el desarrollo?
Valdivia, Daney; Loayza, Lilian - Volkswirtschaftliche Fakultät, … - 2012
This paper computes the fiscal stance in a small open economy and asses its position to relevant macroeconomic variables in order to protect the macroeconomic stability and promote development. Since 2006 change in income and tax structure shifts the implementation of fiscal policy, increasing...
Persistent link: https://www.econbiz.de/10011258610
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Infrastructures and economic performance: a critical comparison across four approaches
Torrisi, Gianpiero - Volkswirtschaftliche Fakultät, … - 2009
The paper reviews studies analysing the relationship between infrastructures and economic performance. Four different approaches are separately considered along an ideal path from theory-based to data-oriented models: the production function approach, the cost function approach, growth-models,...
Persistent link: https://www.econbiz.de/10008472242
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Measuring the maritime potential of nations. The CenPRIS ocean index, phase one (ASEAN)
Evers, Hans-Dieter - Volkswirtschaftliche Fakultät, … - 2010
This paper describes the methods used to construct an index to measure the maritime potential of nations. This prototype uses a limited number of variables to measure (a) the locational advantage of having a long coastline in comparison to the landmass (Maritime Potential Index MPI) , (b) the...
Persistent link: https://www.econbiz.de/10009147910
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Conceptualising rural-urban dynamics
Thomas, Alex M - Volkswirtschaftliche Fakultät, … - 2011
This paper revisits the work of Richard Cantillon and Francois Quesnay in order to conceptualise the dynamics between rural and urban areas in an economy. Concepts of social surplus and economy as a circular flow are presented in order to highlight the interrelationship between the growth...
Persistent link: https://www.econbiz.de/10008836739
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Public administration role in infrastructure development
Grigorescu, Adriana - Volkswirtschaftliche Fakultät, … - 2006
The infrastructure (transport) is essential for the economic development of a region. If we are taking into consideration the tourism industry and other tourist activities, the importance of the infrastructure is higher, due to the fact that the attractiveness is increased by the comfort and the...
Persistent link: https://www.econbiz.de/10008645107
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Economic growth and the optimum size of government in 15 European countries: A threshold panel approach
Hajamini, Mehdi; Falahi, Mohammad Ali - Volkswirtschaftliche Fakultät, … - 2012
In the growth literature, there is a nonlinear relationship between economic growth and government size, which is similar to an inverted U-shaped curve. This curve can be used to determine the optimum share of government expenditures. This paper, using threshold panel approach, attempts to...
Persistent link: https://www.econbiz.de/10011109576
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Testing for Stochastic and Beta-convergence in Latin American Countries
Escobari, Diego - Volkswirtschaftliche Fakultät, … - 2011
This paper uses time-series data from nineteen Latin American countries and the U.S. to test for income convergence … using two existing definitions of convergence and a new testable definition of β-convergence. Only Dominican Republic and … convergence exists when allowing for structural breaks using the two-break minimum LM unit root of Lee and Strazicich (2003). The …
Persistent link: https://www.econbiz.de/10009493290
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Do Sufficient Institutions Alter the Relationship between Natural Resources and Economic Growth?
Zeynalov, Ayaz - 2014
The purpose of this paper is to test whether institutional governance and its performance is a main driving force to achieve a positive relationship between natural resources and economic growth in the long run. The main objective is to ascertain what kind of institutional governance would be...
Persistent link: https://www.econbiz.de/10013056564
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Economic growth dynamics across countries.
Ewa, Lechman - Volkswirtschaftliche Fakultät, … - 2011
Economic growth is one of the most important issues discussed worldwide. Its dynamics over time seem to be crucial from the perspective of the ability of poor countries to catch up with highly developed economies. As can be easily noticed in world statistics, both GDP per capita and GDP growth...
Persistent link: https://www.econbiz.de/10011258876
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Foreign Aid, Legal Origin, Economic Growth and Africa’s Least Developed Countries
Wamboye, Evelyn; Adekola, Abel - Volkswirtschaftliche Fakultät, … - 2013
The issue of foreign aid dependency in African countries remains controversial among policy makers. So far, there is no consensus on aid effectiveness and the resulting policy prescriptions have been conflicting. The Euro zone which provides the bulk of foreign aid to developing countries, is...
Persistent link: https://www.econbiz.de/10011259182