Showing 1 - 10 of 8,915
Empirical results on the link between financial development and economic growth is mixed in Turkey. However, existing … extended periods. As a consequence of such instabilities, Turkish economy has shown frequent growth accelerations and collapses … the role of overall macroeconomic instability and public borrowing on finance-growth nexus in Turkey by using time series …
Persistent link: https://www.econbiz.de/10010850449
the link between economic growth and structural transformation in Turkey. The study begins by reviewing and evaluating the … economic growth on the basis of a multi–sector growth model. The study compares the structural transformation process in Turkey …-sectoral economic policy suggestions in order to raise economic growth. …
Persistent link: https://www.econbiz.de/10010885051
Dynastic management is the inter-generational transmission of control over assets that is typical of family-owned firms. It is pervasive around the world, but especially in developing countries. We argue that dynastic management is a potential source of inefficiency: if the heir to the family...
Persistent link: https://www.econbiz.de/10005136641
While South Africa’s growth performance has improved somewhat in recent years, it has generally been poor over the … past few decades. This article uses Chenery’s factor decomposition method to analyse the sources of growth in South … Africa from 1970 to 2007. Using input-output data, the growth of each subsector is decomposed into components associated with …
Persistent link: https://www.econbiz.de/10011133833
This study contributes in bridging the dichotomy between economic growth and business cycle paradigms by providing … dynamic characterisation of the link between economic growth, risk aversion, uncertainty and variability in industrial … variability of business cycle components aid to contract growth. In contrast, ambiguous relationship exists between variability of …
Persistent link: https://www.econbiz.de/10011100028
There are compelling reasons to believe there is an unhealthy growth imperative inherent in private enterprise market … systems that threatens the environment. Unfortunately, many who criticize a dysfunctional growth imperative fail to make a …€™ arguments and instead assume their conclusions, and offers an alternative defense of the unhealthy growth imperative hypothesis …
Persistent link: https://www.econbiz.de/10011137352
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change … where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … growth rate of the economy depends on the fraction of the population choosing an entrepreneurial career. How many …
Persistent link: https://www.econbiz.de/10010670827
The British Industrial Revolution triggered a reversal in the social order whereby the landed elite was replaced by industrial capitalists rising from the middle classes as the economically dominant group. Many observers have linked this transformation to the contrast in values between a...
Persistent link: https://www.econbiz.de/10005067409
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change … where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … growth rate of the economy depends on the fraction of the population choosing an entrepreneurial career. How many …
Persistent link: https://www.econbiz.de/10011084260
The British Industrial Revolution triggered a reversal in the social order whereby the landed elite was replaced by industrial capitalists rising from the middle classes as the economically dominant group. Many observers have linked this transformation to the contrast in values between a...
Persistent link: https://www.econbiz.de/10005762306