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Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital?s share in factor income determines...
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We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values, capital mobility has a large impact on income growth.
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Finanzanlagen entwickelt und die neue Wachstumstheorie bearbeitet. …
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critical realist framework considers some developments in New Keynesian Economics and Endogenous Growth Theory. …
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A presentation of the Trinity Growth Theory, decomposed into its three parts, is made: the EGOIN Theory, the Triple C … Theory and the S Curve Theory. Professor Lim Chong Yah uses the Trinity Growth Theory to explain why growth levels and why …
Persistent link: https://www.econbiz.de/10010599037
Paul Romer (1986, 1990) ve Robert Lucas (1988)’in makaleleri bize; ölçeðe göre artan getirilerin mevcut olduðu bir ekonomik ortamda yatýrým gerçekleþtiðinde, sermayenin marjinal ürününün iskonto oranýna göre zamanla düþmesi gerekmediðini hatýrlatmýþtýr. Zira sermaye...
Persistent link: https://www.econbiz.de/10011212376
wealth, also implicitly contain the elements of a theory of relative poverty. It is argued that the German tradition of … economics, of which Schumpeter is a part, has always encompassed the necessary elements of a theory of uneven growth. List, Marx …
Persistent link: https://www.econbiz.de/10011258020