Showing 1 - 10 of 128
considers the assessment of the sources of the economic growth in East Asia countries. East Asian countries experienced … phenomenal economic growth from the 1970s to 1997, the so called "Asian Miracle," which ended when a financial crisis hit in 1997 …. There is a fundamental question with regard to the Asian Miracle. Which is the prime source of the rapid growth between …
Persistent link: https://www.econbiz.de/10009430891
The assumption of perfectly rational representative agents is commonly questioned. This paper explores the equilibrium properties of boundedly rational heterogeneous agents. We combine an adaptive learning process in a modified cobweb model within a Stackleberg framework. We assume that there is...
Persistent link: https://www.econbiz.de/10009442020
xi, 87 p. : ill. A print copy of this thesis is available through the UO Libraries. Search the library catalog for the location and call number.
Persistent link: https://www.econbiz.de/10009447381
multiple equilibria in a growth model with human capital externalities. I find that there are two equilibria, one a poverty … by estimating a Markov-switching regression. This methodology allows me to characterize both distinct growth regimes and … variation in the institutional measure increases the probability of identifying both miracle growth and stagnation regimes …
Persistent link: https://www.econbiz.de/10009447394
-ups are a growth engine. This contrasts with the low development equilibrium in which start-ups provide lower quality goods …
Persistent link: https://www.econbiz.de/10009476769
This paper provides an adaptive learning algorithm for linear stochastic models with expectational leads in which forecasts for an arbitrary period ahead of the current state feed back into the economic system. The concept of an unbiased forecasting rule with generates rational expectations...
Persistent link: https://www.econbiz.de/10009452462
green power through 2015 that were made using historical data and three scenarios: low-growth, high-growth, and negative … results of this forecast, including uncertainties related to growth assumptions, the impacts that policy may have on the …
Persistent link: https://www.econbiz.de/10009436919
early growth of the Internet are expected to be informative and pertinent. …
Persistent link: https://www.econbiz.de/10009437326
suggests that state policy will continue to drive even faster growth over the next decade. Federal policy has also played a …
Persistent link: https://www.econbiz.de/10009437329
studying performance changes on a two dimensional "growth– profitability performance space". It is well established that both … growth and profitability are important dimensions of SME performance. The majority of earlier studies tend to focus on the … evolution of firm growth or profitability separately. Alternatively, they explore the impact of growth on profitability and vice …
Persistent link: https://www.econbiz.de/10009437585