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The paper provides probability estimates of the state of the GDP growth. A regime-switching model defines the probability of the Greek GDP being in boom or recession. Then probit models extract the predictive information of a set of explanatory (economic and financial) variables regarding the...
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Globalization tendencies appeared as an outcome of scientific and technological innovations in 20th century impact the tourism sector as well as most other sectors. Like in many developing countries, the tourism sector accompanied by the change of sectoral structure in Turkey is the main element...
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data for Cyprus, Greece and Spain. We use the growth of real GDP per capita as a measure of economic growth and …
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direct investment for an EU and EMU member country, Greece, by applying cointegration tests and Granger causality analysis … one and two year lags imply, strongly indicating that foreign capital penetration Granger-causes economic growth in Greece … foreign funds in the future, as evidence imply for the case of Greece …
Persistent link: https://www.econbiz.de/10012857263
According to the IMF subject information, output gap for advanced economies and specifically Greece is calculated as … regressive taxes, progressive taxes and proportional taxes. Greece has a positive output gap in 2007 of 10.042%. For the same … year, Greece had a structural budget deficit of -10.846%. In 2013, the output gap of Greece was -10.650 %, which means that …
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