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The captioned article was earlier published in “Economic Horizons” volume 18, #72 – AH 1418 – 1997 (4) Pages (65-78). I had some concerns about the article regarding the methodology adopted for analysis in deriving the macroeconomic parameters and the derivation and interpretation of...
Persistent link: https://www.econbiz.de/10005561154
This paper investigates the causality interactions between potential financing sources of investment and economic … find that domestic saving follows their economic growth. We also find that the foreign capital-led growth hypothesis was …
Persistent link: https://www.econbiz.de/10010608434
-Weil hypothesis, the study also finds that saving unambiguously determines investment in both the short and long runs. No evidence is …This article considers savings, investment and economic growth for India using annual time series data for the period … found to support the commonly accepted growth models in India, that investment is the engine of economic growth. …
Persistent link: https://www.econbiz.de/10010784316
The aim of this paper is to empirically examine the relationship between saving and investment for 6 Middle East and … Model. The long run estimation reveals causality between investment and saving for the entire sample. The Granger causality … tests confirm this result and validate the presence of bidirectional causal relationship between investment and saving …
Persistent link: https://www.econbiz.de/10010938530
The aim of this paper is to empirically examine the relationship between saving and investment for 6 Middle East and … Model techniques. The long run estimation reveals causality between investment and saving for the entire sample. The Granger … causality tests confirm this result and validate the presence of bidirectional causal relationship between investment and saving …
Persistent link: https://www.econbiz.de/10011275130
The institutional reforms towards trade liberalizations in Latin America during the 1980s and the 1990s have introduced a good measure of import competition, but trade policies alone are not sufficient to create a competitive environment in an economy. Most of the region's economies have changed...
Persistent link: https://www.econbiz.de/10005062989
This paper estimates the effects of a change in the wage share on growth at a national and global level in the G20 countries. A decrease in the wage share leads to lower growth in the euro area, Germany, France, Italy, UK, US, Japan, Turkey, and Korea, whereas it stimulates growth in Canada,...
Persistent link: https://www.econbiz.de/10010719997
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In the paper Latvian economic indicators before and after entering the EU are...
Persistent link: https://www.econbiz.de/10009216353
In this paper we provide an overview of the growth model in China and its prospects, taking a medium-run to long-run perspective. Our main conclusions are as follows. First, the still prevailing producer-biased model of managed capitalism in China tends to engender, as an inherent byproduct,...
Persistent link: https://www.econbiz.de/10010687528
This article examines whether financial sector development has ‘caused’ economic growth and investment in Ghana between … domestic investment for investment growth. The dynamic interactions between the growth of real Per capita Gross Domestic … Product, real domestic investment and indicators of financial sector development are investigated using the concept of Granger …
Persistent link: https://www.econbiz.de/10011259193