Showing 1 - 10 of 21
appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … as intermediate consumption. Thus they do not count as either GDP or investment. We ask how treating such spending as … investment affects some key macro variables, namely, market sector gross value added (MGVA), business investment, capital and …
Persistent link: https://www.econbiz.de/10010284188
more favourable loan package; that it is associated with over-investment even when investment does not create collateral …
Persistent link: https://www.econbiz.de/10011430112
This study assesses macroeconomic volatility in Costa Rica, based largely on politically weak governments` inability or unwillingness to effect key reforms. Notable problems include volatility-prone fiscal and monetary policy, structurally weak public finances due to large domestic debts and...
Persistent link: https://www.econbiz.de/10010327135
and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts … rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms and financial …
Persistent link: https://www.econbiz.de/10011807630
This paper investigates the relationship between telecommunications infrastructure competition, investment and …, amongst other things, emanated from encouraging infrastructure investment, in their production processes. Thus the analysis … demonstrates that U.K. government policies on telecommunications and its investment incentives may have wide-reaching consequences …
Persistent link: https://www.econbiz.de/10010284184
Investment-driven growth has long been regarded as a key development strategy in China. This paper investigates … become a regular force in driving investment since reforms, that non-demand-driven investment growth contributes to … increasing capital-output ratio far more than output growth, that government investment exerts a pivotal role in amplifying …
Persistent link: https://www.econbiz.de/10010284211
maintaining moderate inflation, the rate of investment; aggressive effort at domestic resource mobilisation; and structural change …
Persistent link: https://www.econbiz.de/10010293266
channel to investment as a key transmission mechanism for monetary policy. Our analysis sheds light on institutional …
Persistent link: https://www.econbiz.de/10011776819
. Saving and GDP are estimated in bivariate vector autoregressive or vector error-correction models for Sweden, UK, and USA …
Persistent link: https://www.econbiz.de/10010321740
Cross-country studies have found a negative relationship between income inequality and economic growth. The main problem with the cross-country analyses is the poor quality of the data on income distribution. This paper tests the robustness of the cross-country results to the use of a more...
Persistent link: https://www.econbiz.de/10010326947