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Unmeasured Investment and the Puzzling Lost Decades of the Japanese Economy
Yang, Shenglang - 2017
For the mid to late 1990s and early 2000s, the basic neoclassical growth theory predicts a steady Japanese economy, when in fact the Japanese economy was depressed. This study applies the new theory with intangible investment and non-­neutral technology proposed by McGrattan & Prescott (2010)...
Persistent link: https://www.econbiz.de/10012961605
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Unmeasured Investment and the Puzzling Lost Decades of the Japanese Economy
Yang, Shenglang - 2017
For the mid to late 1990s and early 2000s, the basic neoclassical growth theory predicts a steady Japanese economy, when in fact the Japanese economy was depressed. This study applies the new theory with intangible investment and non-neutral technology proposed by McGrattan & Prescott (2010) to...
Persistent link: https://www.econbiz.de/10012950924
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Vietnam's Low National Competitiveness : Causes, Implications and Suggestions for Improvement
Phuong, Le Quoc - 2018
The World Economic Forum's (WEF) annual assessment using the Global Competitiveness Index (GCI) since 2006 shows that … examines implications of these shortcomings for Vietnam. These are low productivity, diminishing GDP growth, middle income trap … structural reforms to change the growth model from factor-based to productivity-based, raising technology level, enhancing human …
Persistent link: https://www.econbiz.de/10012918694
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Regional and subregional analyses of macroeconomic policy strategies for growth and equality in Southern Africa
Sahoo, Dukhabandhu; Mishra, Diptimayee; Sahoo, Auro Kumar; … - 2020
We investigate the relevance of beta (β, absolute and conditional) and sigma (σ) convergence in the economies of the Common Monetary Area of Southern Africa and in the provinces of the Republic of South Africa using panel data, allowing an understanding of growth and inequality in the region....
Persistent link: https://www.econbiz.de/10012404488
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The rise and fall of Argentina
Spruk, Rok - In: Latin American economic review : LAER ; official … 28 (2019), pp. 1-40
from a rich country on the eve of World War I to an underdeveloped one today. The empirical strategy is based on building a …
Persistent link: https://www.econbiz.de/10012256073
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Medium Term Growth : The Role of Policies and Institutions
Jerzmanowski, Michal - 2019
[enter Abstract Body]In this chapter, we review the recent and growing literature on medium-term growth patterns. This strand of research emerged from the realization that for most countries economic development is a highly unstable process; over a few decades, a typical country enjoys periods...
Persistent link: https://www.econbiz.de/10012869324
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Unlucky or Bad? Economic Policy and Economic Growth
Osborne, Evan - 2003
Cross-country growth regressions have in recent years become a major growth industry. The most common purpose of this work has been to investigate the determinants of economic growth. But it is also possible to use the existing growth data to determine the extent to which policy choices help or...
Persistent link: https://www.econbiz.de/10014082485
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Driving growth : breaking down barriers to global prosperity
Farrell, Diana (contributor) - 2006
Persistent link: https://www.econbiz.de/10003377519
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New economy in growth and development
Pohjola, Matti - 2002
Persistent link: https://www.econbiz.de/10001691148
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Interneteconomics.net : macroeconomics, deregulation, and innovation ; with 30 tables
Welfens, Paul J. J. - 2002
Persistent link: https://www.econbiz.de/10001643633