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model, where the economy is always on its balanced growth path, we show that there are transitional dynamics after an …The paper studies the dynamics of economic growth caused by an increase in the growth rate of tourism demand. We … develop a simple dynamic model of a small open economy, which is completely specialized in the production of tourism services …
Persistent link: https://www.econbiz.de/10005037754
article is to address these questions using as a basis the Bariloche Model. This model studies development strategies oriented … in the context of large scale econometric development modelling. I will discuss the results of the model and then analyze …
Persistent link: https://www.econbiz.de/10005619684
This article describes the macroeconomic model used in an ongoing study of technology policies and North … structure used in the model, the details of the equations, and a computation of solutions. To illustrate the dynamics of the … model, a brief discussion is also given of the preliminary results that indicate critical relationships between domestic …
Persistent link: https://www.econbiz.de/10005619886
economic growth and unemployment. We provide a theoretical model that explains the technology-bias and its development. We … provide empirical evidence on the development of the technology-bias and explain this development by using our model …-results. Last not least, we discuss the implications of our findings for the existing growth literature and structural change …
Persistent link: https://www.econbiz.de/10009294667
In a Kaleckian distribution and growth model with workers’ debt we examine the short- and long-run effects of three …
Persistent link: https://www.econbiz.de/10009325648
We introduce status in the most standard (canonical) macro model that is able to provide an analysis of growth and … distribution. We consider the question of whether status considerations enable the model to meet some important empirical findings …
Persistent link: https://www.econbiz.de/10008695063
To shed lights on growth, distribution and the relationships between the two, we develop a growth model with … pain from loss of status, we show that ambition of individuals plays an important role regarding growth and distribution …: ambition can inhibit or foster accumulation of wealth, then in turn growth. In such a context, we show that growth can be …
Persistent link: https://www.econbiz.de/10005837259
Recent empirical studies find that the direct effect of corruption on growth is statistically insignificant. However … issue and offers a new perspective on growth effects of corruption and shows that direct and indirect growth effects of … growth effect of corruption. …
Persistent link: https://www.econbiz.de/10008549624
households have heterogeneous preferences, there is a balanced growth path on which all the optimality conditions of all …
Persistent link: https://www.econbiz.de/10008493034
This paper deals with the influence of different types of government expenditure on growth. It widens that proposed by … conditions different types of government expenditure are beneficial or detrimental for economic growth, comparing some results … growth traps. …
Persistent link: https://www.econbiz.de/10005042723