Showing 1 - 10 of 483
We obtain time series estimates of the long run growth rates of 17 OECD countries, and test the hypothesis that these … long run growth rates, and; (ii) any policies that can raise national growth rates must be international in scope. The … results therefore have bleak implications for the ability of countries to affect their long run growth rates. …
Persistent link: https://www.econbiz.de/10010318375
the labor force. Using Solow growth and endogenous growth models, we show that the labor market alone need not contain all … equilibrium process as well. By implication, policies that raise the growth path of capital or increase the effective working …
Persistent link: https://www.econbiz.de/10010281026
Can green growth policies help protect the environment while keeping the industry growing and infrastructure expanding …, falling dust particle, and SOx highlight a trilemma among the growth of industrial firms, infrastructure development, and … plotted against both average firm size growth and paved road area expansion. This finding sheds light on the possibility of …
Persistent link: https://www.econbiz.de/10012865070
This research develops an evolutionary growth theory that captures the intricate time path of life expectancy in the …
Persistent link: https://www.econbiz.de/10010318901
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10010284032
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per … factors that have governed the pace of the transition from stagnation to growth and have thus contributed to contemporary … variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and …
Persistent link: https://www.econbiz.de/10010284035
Demand and Growth Regimes (DGR) and Macroeconomic Policy Regimes (MPR) frameworks have taken prominence within the post … terms of aggregate demand and growth. In particular, it is possible to observe the MPR and DGR transition between 2002 and …
Persistent link: https://www.econbiz.de/10013537582
optimal control theory process. Two operational equations are derived representing firm growth and shadow-price behavior. Firm … with government regulations, were positive and significant predictors of firm output growth and the shadow-price of its … growth and those used for the shadow price. Policy implications were discussed briefly. …
Persistent link: https://www.econbiz.de/10010369473
in favour of a growing industrial sector, particularly manufacturing. We conclude that if donors and recipients were to …
Persistent link: https://www.econbiz.de/10010293266
impact of these shocks on economic growth. This paper reviews the literature on macroeconomic vulnerability and finds that …
Persistent link: https://www.econbiz.de/10010293290