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(SAMs) is analyzed based on the multiplier model. A buttress of robust checks including a Vector Error Correction Model … income injection across sectors has a larger multiplier effect (in terms of output, GDP, income, and consumption) than the … service sector followed by agriculture and then the industrial sector. Despite the higher multiplier effects of the services …
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Despite the strong public interest in the accountability and efficiency in education spending on higher education institutions (HEIs) in Lithuania, there are currently no existing studies which have examined the impact of HEIs on the country's economy. In the present study, we have used a...
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