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Government regulation is a double-edged sword. By restricting the inputs—capital, labor, technology, and more—that can be used in the production process, regulation shapes the economy and, by extension, living standards today and in the future. Applied effectively, regulation can foster a...
Persistent link: https://www.econbiz.de/10012956107
1. Origins of the economy as collective activity -- 2. Custom and path-dependence. Social capital as accumulation factor -- 3. The role of the state in economic development -- 4. Competition in Enlightenment economists -- 5. On the productiveness of welfare expenditures -- 6. Keynesian Policy...
Persistent link: https://www.econbiz.de/10014318524
wirtschaftspolitischer Berücksichtigung ein stabileres Wirtschaftswachstum erreicht werden. Wie jedoch lässt sich dieses Humankapital messen … Wachstumsunterschiede der Länder in der realen Welt erklären, welche von der neoklassischen Wachstumstheorie nicht begründet werden können … Schlussfolgerungen des von Lucas aufgestellten "Rezepts" und deren Wirkung auf das Wirtschaftswachstum unter Berücksichtigung weiterer …
Persistent link: https://www.econbiz.de/10001778202
This paper examines how global uncertainty and domestic shocks (domestic uncertainty) affect macroeconomic performance, such as household consumption expenditure, gross fixed capital formation, and goods and services exports, in Indonesia, Malaysia, the Philippines, and Thailand. The Global...
Persistent link: https://www.econbiz.de/10012869056
This article explores the determinants of people’s growth prospects in survey data as well as the impact of the European recovery fund to future growth. The focus is on the aftermath of the Corona pandemic, which is a natural limit to the sample size. We use Eurobarometer survey data and...
Persistent link: https://www.econbiz.de/10013163694
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In this paper we consider relationship between foreign direct investment (as one of the mechanisms of technological development) and long-term economic growth. In the beginning we discuss the role of FDI in the increase of total factor productivity from the viewpoint of endogenous growth theory....
Persistent link: https://www.econbiz.de/10011399014