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Service Sector Led Economic Growth in India and Some Measurement and Database Issues
Saikia, Dilip - 2017
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
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Does financial sector development cause investment and growth? empirical analysis of the case of Ghana
Adam, Anokye M.; Siaw, Frimpong - Volkswirtschaftliche Fakultät, … - 2010
This article examines whether financial sector development has ‘caused’ economic growth and investment in Ghana between 1970 and 2007. As a proxy for financial sector development we use credit to private sector as per cent of GDP, bank liquid reserve – asset ratio and liquid liability as a...
Persistent link: https://www.econbiz.de/10011259193
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Role of Remittances in Economic Development: An Empirical Study of World’s Two Most Remittances Dependent Pacific Island Economies
Jayaraman, T. K.; Choong, Chee-Keong; Kumar, Ronald - Volkswirtschaftliche Fakultät, … - 2011
In the context of the ongoing world-wide recession and the consequent dim prospects for exports from small Pacific island countries, mobilization of foreign exchange earnings assumes considerable importance. The dependency of Samoa and Tonga on inward remittances is well known, as the two...
Persistent link: https://www.econbiz.de/10009295272
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Impact of trade openness, remittances, capital inflows & financial development on income in Vanuatu
Kumar, Ronald R. - Volkswirtschaftliche Fakultät, … - 2010
In this study, using bounds approach and annual data for the period 1981-2008, the short and long-run effects of remittances and trade openness on income in Vanuatu are estimated. The results show trade openness and remittances having positive and significant effects, with no significant effects...
Persistent link: https://www.econbiz.de/10009325595
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Saudi Financial Structure and Economic Growth: A Macroeconometric Approach
Ageli, Mohammed Moosa; Zaidan, Shatha Mousa - Volkswirtschaftliche Fakultät, … - 2013
This paper investigates the nexus between financial sector development and economic growth in the Saudi economy over the period 1970-2012 by using four alternative proxies for financial development and several techniques including unit root tests, the co-integration test, the Granger Causality...
Persistent link: https://www.econbiz.de/10011110929
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ICT and Productivity Growth in Transition Economies: Two-Phase Convergence and Structural Reforms
Piatkowski, Marcin; Bart, van Ark - Volkswirtschaftliche Fakultät, … - 2005
This paper investigates the role of information and communication technology (ICT) as a driver of improved productivity …. The paper investigates how, and to what extent, ICT contributed to a narrowing in the productivity gap. Although … investment in ICT capital has strongly increased, total factor productivity (TFP) growth has made the largest contribution to …
Persistent link: https://www.econbiz.de/10008869296
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The Goldilocks economy of the United States in comparison with Europe: an analysis with EUROMON
Peeters, H.M.M. - Volkswirtschaftliche Fakultät, … - 2000
The economic development in the United States has been very successful over the past decade, with high economic growth being accompanied by relatively low inflation. This article explores this development, comparing the economy of the United States with that of the EMU. In addition, it considers...
Persistent link: https://www.econbiz.de/10008871148
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African Jobless Growth Morphology:Vulnerabilities and Policy Responses
NWAOBI, GODWIN - Volkswirtschaftliche Fakultät, … - 2013
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
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The world's dream, economic growth revisited
De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2013
Financial sector companies are different from those in the real sector. In the real sector the price for consumer goods and services is a price reflecting all costs which have been made to produce the output. Profits reflect the difference between the sales price and the costs base. The...
Persistent link: https://www.econbiz.de/10011259435
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Impact of the Stock Market Capitalization and the Banking Spread in Growth and Development in Latin American: A Panel Data Estimation with System GMM
Aali-Bujari, Alí; Venegas-Martínez, Francisco; … - Volkswirtschaftliche Fakultät, … - 2014
This research is aimed at assessing the impact of the stock market capitalization and the banking spread in per capita economic growth (as a proxy of economic development) in the major Latin American economies during the period 1994-2012. To do this, a panel data model is estimated with both...
Persistent link: https://www.econbiz.de/10011109424