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Culture can now be used as an instrument for sustainable economic growth and developmental instrument of cities. By … reorganizing the socio-economic fiber of cities and using cultural activities for economic growth, we can drive these cities … remained in crises for 10 years. This paper examines the role of culture in overall economic growth sighting evidences from …
Persistent link: https://www.econbiz.de/10011108140
von Thunen and Wicksell, how the CES production function was formulated, how the elasticity of substitution was made a …
Persistent link: https://www.econbiz.de/10005837317
elasticity of substitution case(CES).On the supply side, the assumption is that the labour is perfectly mobile factor of …
Persistent link: https://www.econbiz.de/10009323928
In this paper, several flaws of the basic no-capital/labor-only New Keynesian model are discussed. Some flaws were left undiscovered because mass of varieties n in Dixit-Stiglitz aggregator is often considered as not affecting overall outcomes. Only when n=1 would ordinary results of the basic...
Persistent link: https://www.econbiz.de/10011109474
In this paper, several flaws of the basic no-capital/labor-only New Keynesian model are discussed. Some flaws were left undiscovered because mass of varieties n in Dixit-Stiglitz aggregator is often considered as not affecting overall outcomes. Only when n=1 would ordinary results of the basic...
Persistent link: https://www.econbiz.de/10011111947
In this paper, several flaws of the basic no-capital/labor-only New Keynesian model are discussed. Some flaws were left undiscovered because mass of varieties n in Dixit-Stiglitz aggregator is often considered as not affecting overall outcomes. Only when n=1 would ordinary results of the basic...
Persistent link: https://www.econbiz.de/10011113562
The main purpose of this paper is to assess intra-regional trade within the CIS by looking at the impact of numerous trade agreements in the region. Applying a gravity model on a set of 162 countries, we attempt to assess dynamics of intra-regional trade of various trade agreements between 1995...
Persistent link: https://www.econbiz.de/10009151622
. This study has conducted some simulation experiments on joint estimation of the CES, the Transcendental and the Nerlove …
Persistent link: https://www.econbiz.de/10005789630
functions that nests both the Cobb-Douglas and the CES. Embedding the resultant production function in a neoclassical growth …
Persistent link: https://www.econbiz.de/10005789940
estimating CES, Zellner-Revankar, Transcendental and Diewert production functions. State-wise data for 1990-91 and 2003-04 have …In 1991 India chose to open her economy and formulated the New Economic Policy (NEP). Under the structural adjustment …, efficiency and dynamism in the economic system This study investigates into the structural changes in the manufacturing sector of …
Persistent link: https://www.econbiz.de/10005619394