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Corporate governance distortions delay or even halt a country's transformation into a modern innovation economy. We investigate the mechanism through a growth model that allows for agency issues within firms. Governance distortions raise the cost of investment and depress the incentives to set...
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This paper attempts to examine, compare and forecast the per capita GDP of India, the USA, China, and Japan for a … ARIMA (0,2,1), for Japan it is ARIMA (2,1,2) and for USA it is ARIMA (1,1,2). This research paper has estimated the … of India catches up with that of US and Japan. The GDP growth rates of India after 1999 are much faster as compared to …
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