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This study attempts to assess and compare the extent of negative externalities in three income groups of countries …: high, middle and low, and also India. It also aims at analyzing the relationship between negative externalities and growth … of Gross National Income (GNI) in India. The study finds that low-income countries generate higher negative externalities …
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Over the last two decades, cash holdings in nonfinancial firms around the world have increased. This phenomenon is particularly concerning in Japan, where the success of Abenomics depends on a transition from stimulus-driven to self-sustaining growth based on private consumption and investment....
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Over the last two decades, cash holdings in nonfinancial firms around the world have increased. This phenomenon is particularly concerning in Japan, where the success of Abenomics depends on a transition from stimulus-driven to self-sustaining growth based on private consumption and investment....
Persistent link: https://www.econbiz.de/10014411824
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We develop two models of economic growth with exhaustible natural resources and consumers heterogeneous in time preferences. The first model assumes private ownership of natural resources. In the second model, natural resources are commonly owned and the resource extraction rate is chosen by...
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