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determining saving and growth by using a growth model that encompasses both neoclassical and endogenous growth models as special … dependency effect is negative in savings and investment regressions. The estimates indicate that the differences in the …While earlier empirical studies found a negative saving effect of old-age dependency rates without considering …
Persistent link: https://www.econbiz.de/10009479534
taxation on labor supply and savings; corrective taxes for externalities; taxation and corporate behavior; and tax expenditure …
Persistent link: https://www.econbiz.de/10009432090
This paper examines the impact of declines in adult mortality on growth in an overlapping generations model. With … public education and imperfect annuity markets, a decline in mortality affects growth through three channels. First, it … raises the saving rate and thereby increases the rate of physical capital accumulation. Second, it reduces accidental …
Persistent link: https://www.econbiz.de/10009447922
saving have only transitory effects on the growth in output. The other important result found that investment dynamically … output, saving and investment for the period of our study, 1960 to 2003. The analysis uses Lee and Strazicich (2004 … around 0.35. The role of investment was found to be imprecise in the long run. The short run estimates show that saving has a …
Persistent link: https://www.econbiz.de/10009457480
This paper considers savings, investment and economic growth for India using annual time series data for the period …-Weil hypothesis; the study also finds that saving unambiguously determines investment in both the short and long runs. No evidence is … found to support the commonly accepted growth models in India, that investment is the engine of economic growth. …
Persistent link: https://www.econbiz.de/10009457634
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
Persistent link: https://www.econbiz.de/10009432547
Economics 45:115?135, 1998), which argues that inward foreign direct investment (FDI) promotes the economic growth in a less … developed host country only when the host country obtains a threshold level of secondary schooling. Borensztein et al. (Journal … quantity and the quality of education. We adjust the original schooling data in Borensztein et al. (Journal of International …
Persistent link: https://www.econbiz.de/10009484494
The topic of outsourcing ranks at the top of business issues for a wide variety of companies (Wery, 2004; Ezrati, 2004). The majority of American companies believe that offshore-related matters rank as the most strategic decisions that management is expected to make in the next 12 months (Wery,...
Persistent link: https://www.econbiz.de/10009456717
suggests that state policy will continue to drive even faster growth over the next decade. Federal policy has also played a … schedule) and a business energy investment tax credit (ITC). Since the signing of the Energy Policy Act of 2005 (EPAct) on …
Persistent link: https://www.econbiz.de/10009437329
the AFFFM are datasets for plantation establishment and maintenance costs, growth rates and potential timber products of a …
Persistent link: https://www.econbiz.de/10009448726