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country like Tunisia. It argues that an ELR-led economic development policy is vastly superior to the traditional import … policy reforms that must accompany an ELR program to ensure long-term growth sustainability along with full employment and …
Persistent link: https://www.econbiz.de/10003727005
country like Tunisia, and argues that an ELR-led economic development policy is vastly superior to the traditional import … policy reforms that must accompany an ELR program to ensure long-term growth sustainability along with full employment and …
Persistent link: https://www.econbiz.de/10012730082
Benabou (2002) strengthens the so-called Efficient Redistribution Hypothesis (ERH) by demonstrating how income redistribution can promote growth and welfare by mitigating economic waste from resource misallocation that is caused by credit market frictions to production, which is subject to...
Persistent link: https://www.econbiz.de/10012957425
Scholars have been active in investigating causes and consequences of austerity policies. We examine how economists use the term “austerity” in scientific studies and measure austerity in empirical analyses. The sample includes around 3,500 journal articles published in the top 400 journals...
Persistent link: https://www.econbiz.de/10012871647
Tax elasticity and buoyancy estimates are the dynamic tools for measuring the tax performance. The main objectives of the study are to explore the tax system performance of Zimbabwe through the traditional tax ratio trends, dynamic measures tax buoyancy and tax elasticity. The study has applied...
Persistent link: https://www.econbiz.de/10013049539
Parental education largely determines a child's opportunity to learn. However, a higher level of trust and a higher frequency of social interactions between adults with significantly different educational attainments shrinks the knowledge-gaps among the adults, making their human capital more...
Persistent link: https://www.econbiz.de/10012927526
Recent work on the relationship between tax structure and economic growth has offered little reliable evidence for developing countries. Yet it is in such countries where the greatest changes in tax structure not only have been seen over the past 30 years but will likely continue to be seen in...
Persistent link: https://www.econbiz.de/10011573226
Scholars have been active in investigating causes and consequences of austerity policies. We examine how economists use the term "austerity" in scientific studies and measure austerity in empirical analyses. The sample includes around 3,500 journal articles published in the top 400 journals...
Persistent link: https://www.econbiz.de/10011997341
This paper presents a two-sector small semi-open economy Ramsey growth model involving foreign aid as an input in the production function. An activist government allocates this input endogenously across sectors and optimizes policies in a non-standard way. Once calibrated, mainly on countries...
Persistent link: https://www.econbiz.de/10005082717
. Especially, the parameters of oil and non-oil growth performance, the main trends of the fiscal policy, including policy response …, and key directions of budget policy in the medium-term are analyzed. These studies confirm the importance of … countercyclical fiscal policy and emphasize the dependencies of resumption of economic development trends on a number of national …
Persistent link: https://www.econbiz.de/10013310757