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, intertemporal optimizing model, exchange rate target zones, second-generation currency crises, open economy endogenous growth, new …
Persistent link: https://www.econbiz.de/10008555975
Can extending social welfare expenditures promote economic growth? This issue has been discussed extensively, with some … expenditures in one lead to different economic growth rates? What is the channel by which such expenditures impact economic growth … squares to investigate the relationships among social welfare expenditures, human capital, and economic growth using data on …
Persistent link: https://www.econbiz.de/10008555977
Special economic zones can be an effective instrument to promote industrialization if implemented properly in the right context. In China, starting in the 1980s, special economic zones were used as a testing ground for the country's transition from a planned to a market economy, and they are a...
Persistent link: https://www.econbiz.de/10012969998
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In this paper, we study the behavior of innovation and imitation among a group of firms in a competitive industry. To …
Persistent link: https://www.econbiz.de/10008555983