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participation in urban China. To ameliorate the endogeneity of fertility, we exploit twin births as the instrument for the number of …
Persistent link: https://www.econbiz.de/10011109960
last 15 years, developing East and South East Asia have emerged as the most dynamic region of the world economy. This paper … savings and investment, achieved by these economies. The accumulation story is conceptualised here in Kaldorian terms and … emphasises the investment-profits-savings nexus. The essential argument is that high corporate savings and investments in …
Persistent link: https://www.econbiz.de/10011108629
The authors turn to the large family of institutions that came into existence in post-Soviet Eurasia (and, in some ways, beyond it) over the last two decades. The researchers review their current state, agenda, real and perceived mandate, and their respective achievements and constraints. The...
Persistent link: https://www.econbiz.de/10014118027
In this paper, we examine the demographic transition and its effect on economic growth using a cross-country data. We use a threshold regression model to verify the transition and to confirm whether the demographic transitions are compressed or not in developing countries. We found out that in...
Persistent link: https://www.econbiz.de/10011114542
international migration. Fertility is endogenized so that immigrants and natives can have different fertility rates. Fertility is an …
Persistent link: https://www.econbiz.de/10009004215
Abstract The sub-optimal savings propensity in South Africa the past three decades causes concern for the ability of … the country to support its economic development. An historical analysis of the development of the savings’ trends in South … economic activity in the Cape Colony very little is known about the role financial sector development and savings played in the …
Persistent link: https://www.econbiz.de/10011260668
Paper introduces mathematical models describing long-time effects of real savings on economic growth. Models are built … equations. Modeling results show a limited long-run economic growth for occasional and constant-rate systematic internal savings …, a steady long-run economic growth if acceleration rate of internal savings lies within the proper limit for every …
Persistent link: https://www.econbiz.de/10005836790
savings in our model to evaluate the sustainability of the system. …
Persistent link: https://www.econbiz.de/10005621602
The objective of this article is to identify the nature of the relationship between the financial sphere and the productive sphere. First, disclosing the various theoretical and empirical studies on the so-called relationship, then highlighting the nature of the relationship between the two...
Persistent link: https://www.econbiz.de/10011171775
Savers, including pension savers, convert savings into assets: homes,government bonds and shares.The conversion of … savings is for the very long term. Once monies are turned into assets, the reverse process of turning assets into cash cannot …
Persistent link: https://www.econbiz.de/10011111570