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In this paper, we study the interdependent relationship between three types of investments: foreign direct investments, central government investments, and all other investments, and their role in the gross domestic product dynamics in the Republic of Macedonia, by employing the consistent...
Persistent link: https://www.econbiz.de/10011862144
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...
Persistent link: https://www.econbiz.de/10013047972
In this paper we examine the negative relationship between the rate of growth of the financial sector and the rate of growth of total factor productivity. We begin by showing that by disproportionately benefiting high collateral/low productivity projects, an exogenous increase in finance reduces...
Persistent link: https://www.econbiz.de/10013028274
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crowding-effects in the Chinese economy. Against the background of the peculiar characteristics of China's FDI-inflows the …
Persistent link: https://www.econbiz.de/10003581938
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Purpose With China’s economic growth slowing down and the growth rate of fiscal revenue decreasing, the pressure on … between local government debts and China's economic growth in order to give full play to the positive role of local debts in … of local debts under different calibers and examines the impact of different types of local government debts on China …
Persistent link: https://www.econbiz.de/10012236408
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