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growth. Except for the use of exports to measure trade openness, using openness index and imports to proxy for trade openness …, more openness, exports and imports lead to increased economic growth. This implies that a significant proportion of … economic growth in Uganda has been due to short-run increase in the country's openness, more exports and imports. This paper …
Persistent link: https://www.econbiz.de/10013184444
countries with a high dependence on oil exports. In this section, as in the first part of the study, approaches to modeling the … relationship of various types of inequality, mainly related to income inequality in countries with a high dependence on oil exports …
Persistent link: https://www.econbiz.de/10014355893
foreign borrowing and lending must systematically pay for its imports in foreign currency through its exports alone, provided … pertaining to exports and foreign borrowing by means of a static deterministic partial equilibrium (SDPE) model, via stability …
Persistent link: https://www.econbiz.de/10014303265
Why do advanced economies fall into prolonged periods of economic stagnation, particularly in the aftermath of credit booms? We present a model of persistent aggregate demand shortage based on strong liquidity preferences of households, in which we incorporate financial imperfections to study...
Persistent link: https://www.econbiz.de/10012966912
Persistent link: https://www.econbiz.de/10009666507
The present project is oriented to evaluate the performance of technological trade and research and development (R&D) expenditure, as a measure of productivity in explaining economic growth. Using data for OECD countries under a simple neoclassical growth model framework, the role of technology...
Persistent link: https://www.econbiz.de/10013136771
Persistent link: https://www.econbiz.de/10011825503
is supported by recent empirical evidence. Most econometric studies find significant effects of RERs on exports and … growth, but subject to numerous qualifications. For example, RER effects on exports differ by type of goods exported, while …
Persistent link: https://www.econbiz.de/10014433725
During crises, governments resort to extraordinary fiscal and financial measures to mitigate the recessionary impacts of crises. These macroeconomic intervention measures along with aggregate demand and supply shocks and policy choices would affect the exporting environment of a country through...
Persistent link: https://www.econbiz.de/10014352025
Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
Persistent link: https://www.econbiz.de/10010251655