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There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10003900319
region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving-investment …. -- Growth contributions ; national savings and investment ; current account balance ; welfare consequences of growth … required in the world economy. In this paper, I provide an empirical characterization of the composition of GDP levels and …
Persistent link: https://www.econbiz.de/10003879333
region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving-investment … required in the world economy. In this paper, I provide an empirical characterization of the composition of GDP levels and … growth. Investment growth has dominated GDP growth in China during this decade but is also important in the cases of India …
Persistent link: https://www.econbiz.de/10013158044
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The study investigated the determinants of national savings by employing the Johansen cointegration technique and error … in the long run, income and terms of trade have a positive and significant impact on savings while dependency ratio …, political instability and the real interest rate have a negative impact on savings. In the short run however, only terms of …
Persistent link: https://www.econbiz.de/10013058930
econometric models. Empirical data from the World Bank, IMF, and OECD reports supports the positive impact of domestic investments … Formation (GFCF). These findings offer valuable insights into investment dynamics and their effects on economic growth …
Persistent link: https://www.econbiz.de/10014445439
economic growth, the NBFIs and other determinants—investment, inflation, interest rate, and trade openness. Notable, however …
Persistent link: https://www.econbiz.de/10012908891
Productivity growth has flat-lined in most economies despite rapid advances in technology. Economists suggest competing explanations for this paradox. Some argue the current stagnation will persist given deep structural challenges, arguing that recent technological advances are no match for...
Persistent link: https://www.econbiz.de/10012890306