A tanulmány második része a fenntartható növekedésnek a nyitott gazdaság természetéből levezethető problémáival foglalkozik. A szerző megfogalmazza azokat az eltéréseket, amelyek a nyitott gazdaságban a fenntartható gazdasági növekedéshez szükséges egyensúlyhoz tartoznak...

As per the balance of payments constraint hypothesis, in an open economy, achieving a high long-run rate of growth would require a country to reduce its balance of payments constraint through an improved export performance, and the production of import substitutes, which would lower the income...

As per the balance of payments constraint hypothesis, in an open economy, achieving a high long-run rate of growth would require a country to reduce its balance of payments constraint through an improved export performance, and the production of import substitutes, which would lower the income...

This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm size dynamics and reallocation of resources within industries. Following deregulation, resource misallocation declines and the left-hand tail of the firm size distribution thickens...

The study is attempted to see the relationship between banks credit and economic growth in North East India. In case of economic development North East India is still in back compared with other sates of India. Using the panel data for North East India from 1999- 2007 the study found that banks...

With this paper we provide, for the first time to our knowledge, micro-level evidence on the negative linkage between firm complexity and volatility. A higher sophistication level of a firm's export basket reduces its output fluctuations. When focusing on a sample of exporting and non exporting...

Remittances by migrants to their countries of origin constitute the largest source of external finance for developing countries after foreign direct investment . To shed light on this important fact, in this paper we consider a model of micro-foundations of the links between remittances finance...

This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics and the reallocation of resources within industries over time. Following deregulation, we find that the extent of resource misallocation declines and a considerable thickening of...

Casual empirical evidence suggests that infrastructure provision is higher in economies that are open to world trade. We develop a model of imperfect competition to show that open economies are likely to provide more infrastructure than closed economies. If infrastructure is financed by taxing a...

Theoretical foundation of the convergence concept in neo-classical growth model has been analysed. According to that concept, the income per capita growth tends to grow in reverse correlation of income initial level. In fact, however, there is obviously an outspoken lack of convergence in...