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of private savings behavior in the Arab Republic of Egypt, and considers the effect of financial development. The … savings in Egypt follow the Life Cycle Model in the long term. Controlling for population growth, the analysis finds that the … maximizing private savings and financing growth in Egypt …
Persistent link: https://www.econbiz.de/10012959137
This study illustrates the mechanisms linking national saving and economic growth, with the purpose of understanding the possibilities and limits of a saving-based growth agenda in the context of the Egyptian economy. This is done through a simple theoretical model, calibrated to fit the...
Persistent link: https://www.econbiz.de/10012976208
The paper analyzes the impact of the recent global crisis in the context of the previous two decades' growth and capital flows. Growth decomposition exercises show that Egyptian growth is driven mostly by capital accumulation. To estimate the share of labor in national income, the analysis...
Persistent link: https://www.econbiz.de/10012976332
In the past half a century, Egypt has experienced remarkable progress in the provision of infrastructure in all areas … perspective, Egypt has achieved an infrastructure status that closely corresponds to what could be expected given its national … with the country?s goals of raising economic growth. Improving infrastructure in Egypt would require a combination of …
Persistent link: https://www.econbiz.de/10012976728
Arab Republic of Egypt. The paper examines empirically the relationship between the development of the financial sector and … economic growth in Egypt between 1980 and 2016. It draws comparisons based on critical financial indicators between Egypt and … financial development, to assess the relationship between financial development and economic growth in Egypt, yields three …
Persistent link: https://www.econbiz.de/10012859532
The paper introduces a Bayesian cross-entropy forecast (BCEF) procedure to assess the variance and skewness in density forecasting. The methodology decomposes the variance and skewness of the predictive distribution accounting for the shares of selected risk factors. The method assigns...
Persistent link: https://www.econbiz.de/10012901276
This analysis examines the relationship between nonrenewable resource dependence, economic growth and income inequality. It uses a two-equation system in which the Gini index and GDP per capita are the dependent variables and the stock of nonrenewable resources as a share of national wealth --...
Persistent link: https://www.econbiz.de/10012967897
Economic development should be conceived of as the degree to which an economy has implemented an efficient and just distribution of economic resources. The ubiquitous measure of GDP per capita reflects a utilitarian conception of justice, where individual utility is defined as personal income,...
Persistent link: https://www.econbiz.de/10012974166
In many cases, the relationship between environmental pollution and economic development can be generally depicted by an inverted U-shaped curve, or an environmental Kuznets curve, where pollution increases with income at the beginning and decreases after a certain level of income. However, what...
Persistent link: https://www.econbiz.de/10012975841
Can increasing sophistication in service exports lead to economic growth? Although services were historically produced primarily for domestic consumption, they are gradually becoming more productive, tradable and unbundled. The authors construct an index of "service exports sophistication" to...
Persistent link: https://www.econbiz.de/10012976086