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We investigate the impact of Chinese activities in sub-Saharan African countries with respect to the growth performance of economies in that region. Using a Solow-type growth model and panel data for the period 1991 to 2011, we find that African economies that export natural resources have...
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The paper reviews India's macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and investment. The second section considers some of...
Persistent link: https://www.econbiz.de/10011807631
This paper is to examine the stock markets role in the capital formation in Pakistan from the period 1st January 2001 to 31st December 2008. This analytical study is based on the data collected from the secondary sources such as State Bank of Pakistan and three stock exchanges; Karachi, Lahore...
Persistent link: https://www.econbiz.de/10011938288
small areas in Vietnam. It shows evidence of a large spatial heterogeneity in the electric power consumption between … districts and provinces in Vietnam. Households in the mountains and highlands consumed remarkably less electricity than those in … and economic levels in Vietnam. In poor districts and provinces, there is very high inequality in electricity consumption …
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with endogenous growth and imperfect labour markets. With balanced-budget policies, the modelled closed economy grows at a …
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Tax changes are often announced before their implementation and are not permanent, but rather only temporary. Accordingly, R&D firms will optimally adjust their investment decisions to fit tax schedule changes. This study analyzes how changes in various tax rates relevant to corporate activities...
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as a key factor determining the growth of the economy. The focus in this study is placed on eleven East European …
Persistent link: https://www.econbiz.de/10011985122