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over economic growth on developing countries. We analyze the relationship between growth, exchange rate and productive … connection between accumulation regimes and growth. The standard model will be modified by means of the introduction of a non …, showing that a higher growth rate is possible only by means of a devaluate real exchange rate. The empirical results show a …
Persistent link: https://www.econbiz.de/10008738802
growth and to use a proxy of human capital variable that incorporates quantitative and qualitative aspects of this factor … channels in which human capital affects the rate of income per worker growth: 1) improving the marginal productivity of labor …
Persistent link: https://www.econbiz.de/10004968775
capital and growth rates. It is argued that the interaction between the two variables is more complicated than predicted by … endogenous model of growth as the one developed by Lucas-Uzawa. Other problem that is usually mentioned is the proxy´s lack of …
Persistent link: https://www.econbiz.de/10005056965
Neste artigo descreveremos as principais características do modelo de crescimento pós-keynesiano formulado por Oreiro & Ono (2005), assim como também proporemos a sua reestruturação, particularmente, através de mudanças nos módulos I e II do modelo. No módulo I, que trata da demanda...
Persistent link: https://www.econbiz.de/10005731996
Human capital, productivity and physical capital are considered the main factors in the economies’ GDP per capita determination. According to the neoclassical approach, human capital accumulation explains about a third of the variation in per capita income across countries. However, there is...
Persistent link: https://www.econbiz.de/10005551000
of the model reproduce some important features of capitalist dynamics as "cyclical growth" - i. e.; irregular but bounded … fluctuations of the growth rate of real GDP -; the occurrence of a single Great Depression over the entire simulation period, what …
Persistent link: https://www.econbiz.de/10004968506
fluctuations of the growth rate of real GDP –; the occurrence of a single Great Depression over the entire simulation period, what …
Persistent link: https://www.econbiz.de/10004968632
to an understanding of the relationship between structural change, external constraint and growth in Brazil in the 1962 …
Persistent link: https://www.econbiz.de/10009357818
Neste artigo, introduz-se ao modelo de crescimento neoclássico a defasagem necessária para que o investimento público se consolide em capital público (processo time-to-build), assim como alíquotas tributárias distorcivas que se ajustam de acordo com a dívida acumulada pelo setor público....
Persistent link: https://www.econbiz.de/10011807437
Persistent link: https://www.econbiz.de/10009773368