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The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...
Persistent link: https://www.econbiz.de/10011259562
structural and cohesion funds, removed the trading barriers, increases foreign investments, reduced unemployment, increased labor …
Persistent link: https://www.econbiz.de/10009216353
investments effects. Taking into account the economic growth factors and also the relationship between the efficiency, the degree … of depreciation and the technical level a global model is built based on the propagation of investments self …-financing. The model is showing the dependence of investments self-financing growth to the decrease in the functioning standard …
Persistent link: https://www.econbiz.de/10005623212
Paper introduces mathematical models describing long-time effects of real savings on economic growth. Models are built for single-product and multiple-product economy with market forces presented through the system of ordinary differential equations. Modeling results show a limited long-run...
Persistent link: https://www.econbiz.de/10005836790
the ousting of the welfare expenditures and the investments, had a negative effect on the population well-being. The …
Persistent link: https://www.econbiz.de/10011274391
This paper examines the impact of recent financial liberalization in China on the financing constraints of publicly-listed Chinese firms with and without politically-connected CEO/Chairman. Two continuous indices are used to measure the evolution and intensity of financial reforms: a financial...
Persistent link: https://www.econbiz.de/10009369175
We empirically examine some listed Chinese firms’ political connection, ownership, and financing constraints. Politically-connected firms display no financing constraints whereas firms without connection experience significant constraints. Non-connected family-controlled firms bear greater...
Persistent link: https://www.econbiz.de/10009369179
This paper examines the impact of recent financial liberalization in China on the financing constraints and investment of publicly-listed Chinese firms. Two continuous indices are constructed to measure the evolution and intensity of financial reforms: a financial liberalization index and a...
Persistent link: https://www.econbiz.de/10009369185
The principle of uncertain future: the probability of a future event contains a degree of (hidden) uncertainty. As a result, this uncertainty (in a sense, similar to vibrations, fluctuations) pushes the probability value back from the bounds to the middle of its range (from ~100% and ~0% to the...
Persistent link: https://www.econbiz.de/10005835639
Last year, Romania ranked among first countries in the region as receiver of foreign direct investments and the … Romania today maybe the most valuable country rating: the respect. The present policy of foreign direct investments in Romania … investments in the last years. Each foreign investment represents an investment in Romania, in the people of this country, in its …
Persistent link: https://www.econbiz.de/10005622087