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The feedback of external debt on economic growth through gross domestic investment has provided quite interesting …. Based on a system estimation approach, using Two Stage Least Squares as an estimation technique in the case of Cameroon for … a period of 34 years (1980-2013), the results reveal that while domestic investment increases economic growth, external …
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The emphasis in post-Keynesian macroeconomics on wage- versus profit- led growth may not have been helpful. The profit share is not an exogenous variable, and the correlations between the pro.t share and economic growth can be positive for some exogenous shocks but negative for others. The...
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