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China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
significant effect on economic growth. The results don’t allow drawing any definitive conclusion concerning the investment channel … capital channel has also an indirect effect on growth through investment. …
Persistent link: https://www.econbiz.de/10009195605
This article examines the impact of the developments in the financial sector on economic growth in India in the post … growth. The model was then estimated using quarterly data for the period 1993 to 2005 for India, using the techniques of … stock market development would play an important role in enhancing economic growth in India. On the contrary, reform …
Persistent link: https://www.econbiz.de/10011135960
This article considers savings, investment and economic growth for India using annual time series data for the period … found to support the commonly accepted growth models in India, that investment is the engine of economic growth. …-Weil hypothesis, the study also finds that saving unambiguously determines investment in both the short and long runs. No evidence is …
Persistent link: https://www.econbiz.de/10010784316
This paper considers per worker household, private corporate and public sector savings and investment, foreign capital … inflows and economic growth for India in a multivariate setting for the period 1950-2001. The analysis, uses FIML to estimate … reforms in India. The estimates do not support the commonly accepted Solow and endogenous models of economic growth. The …
Persistent link: https://www.econbiz.de/10005812448
and investment in order to promote economic growth in India. …There is a large research literature on the roles of domestic savings and investment in promoting long run economic … growth. This paper attempts to identify the major interdependencies between savings, investment, foreign capital inflows and …
Persistent link: https://www.econbiz.de/10005515431
With the advent of WTO, India entered into the era of trade reforms in 1991 and is moving gradually towards an open …, is to address the export/import-led growth and growth-driven export/import hypotheses for India. In spite of some …. A possible reason for the results is the favourable trade environment of India. …
Persistent link: https://www.econbiz.de/10010615388
With the advent of WTO, India entered into the era of trade reforms in 1991 and is moving gradually towards an open …, is to address the export/import-led growth and growth-driven export/import hypotheses for India. In spite of some …. A possible reason for the results is the favourable trade environment of India. …
Persistent link: https://www.econbiz.de/10008867802
paper empirically assesses the impact of debt relief on growth and investment by examining two potential mechanisms. The … and 2004, this study shows that debt relief did not affect growth directly or through capital investment. …
Persistent link: https://www.econbiz.de/10005771074
was due in large part to macroeconomic volatility that depressed private investment and growth. Using cross-sectional data … investment rates, both of which were negatively effected by volatility (in terms of trade, real exchange rate, and public …
Persistent link: https://www.econbiz.de/10005617087