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We use the Coakley, Kulasi and Smith (1996) current account solvency model to investigate saving and investment in LDCs …. This model implies that saving and investment cointegrate with a unit coefficient irrespective of the degree of capital …
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that democracy has a positive and statistically significant impact on private investment in Fiji. The paper's simulation of … Fiji becoming a fully democratic country on investment and other macroeconomic fundamentals, based on a CGE model, reveals …The purpose of this paper is to construct an econometric model of the determinants of private investment with a …
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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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