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the Economic Growth of Greece. Under specific hypotheses, we use the standard neoclassical growth theory model of Ramsey … – Cass – Koopmans. For a period of 2000 till 2006, the estimated results show that Greece faces a significant divestment on …
Persistent link: https://www.econbiz.de/10011260317
In the last 30 years, Greece has experienced a rapid rate of economic growth which has transformed the economy and … enabled it to become a member of the EEC. Specifically, Greece transformed itself from an agricultural economy with virtually … model and test its relevance to the economic experience of Greece during the 1967-1988 period. The empirical results suggest …
Persistent link: https://www.econbiz.de/10011112338
In this paper we consider relationship between foreign direct investment (as one of the mechanisms of technological development) and long-term economic growth. In the beginning we discuss the role of FDI in the increase of total factor productivity from the viewpoint of endogenous growth theory....
Persistent link: https://www.econbiz.de/10011109812
A positive economic growth is one crucial macroeconomic objective of every nation. Many countries have formed regional as well as international trading blocs in an attempt to enhance economic growth and maximise welfare of each member state, the AFTZ member states are not an exception. This...
Persistent link: https://www.econbiz.de/10012910879
Exploring the short-run and long-run relationships between consumption of various sources of non-renewable energy, economic growth and carbon dioxide (CO2) emissions would be considered as a golden key to provide rational energy policies of Iran in the post sanctions era. The aim of this paper...
Persistent link: https://www.econbiz.de/10012992709
In recent years there has been a rapid and sustained growth of the service sector in the Indian economy. But unfortunately, while the importance of the services is growing statistical data and other relevant information of the services are abysmally low. There are problems relating to the...
Persistent link: https://www.econbiz.de/10014187326
Este trabajo realiza el primer análisis cuantitativo detallado del nivel de actividad económica de Antioquia para el siglo XIX y la primera parte del XX. A partir de los datos existentes para la economía colombiana, se reconstruye la que es, además, una de las primeras series de PIB regional...
Persistent link: https://www.econbiz.de/10014167721
The main purpose of the paper is to analyze GDP PPP per capita growth rates across countries in the period 1980-2008, as well as to identify top and bottom country performers. In addition, the author verifies the statistical relationship between GDP PPP per capita and some arbitrary selected...
Persistent link: https://www.econbiz.de/10014147300
This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
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