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Technology as a channel of economic growth in India

Chakraborty, Suparna - In: India macroeconomics annual ... (2007), pp. 69-87

Persistent link: https://www.econbiz.de/10003612617

Structural Change in Neoclassical Growth Literature

Stijepic, Denis - 2014

Structural change is a relatively simple (continuous) process having restricted limit-properties. All processes which can be classified as "structural change" inherit these limit-properties. Limit-properties of processes play an important role in neoclassical growth theory. We show that (i) many...

Persistent link: https://www.econbiz.de/10013058068

Vintage capital and expectations driven business cycles

Flodén, Martin (contributor) - 2006

This paper demonstrates that increased optimism about future productivity can generate an immediate economic expansion in a neoclassical model with vintage capital and variable capacity utilization. Previous research has documented that standard neoclassical models cannot generate a simultaneous...

Persistent link: https://www.econbiz.de/10003391147

Indian economic growth : lessons for the emerging economies

Chakraborty, Suparna (contributor) - 2008

that the primary conduit of policies that brought about significant growth in India was productivity that registered an … demand. In addition, we examine the effective tax rates in India and find that while investment taxes barely fluctuated … with the Japanese experience since the Second World War. -- business cycle accounting ; India ; growth ; wedges …

Persistent link: https://www.econbiz.de/10003745080

Chapter 22. RBC Methodology and the Development of Aggregate Economic Theory

Prescott, E.C. - In: Handbook of macroeconomics : volume 2, v. 2A-2B SET, (pp. 1759-1787). 2016

This essay reviews the development of neoclassical growth theory, a unified theory of aggregate economic phenomena that was first used to study business cycles and aggregate labor supply. Subsequently, the theory has been used to understand asset pricing, growth miracles and disasters, monetary...

Persistent link: https://www.econbiz.de/10014024293

Development, Growth and Volatility

Moro, Alessio - 2010

Does GDP composition affect GDP growth and volatility? Typically, economies at advanced stages of development grow slower, are less volatile and have a larger share of services in GDP with respect to economies at middle stages. I propose a theory of development consistent with these three facts....

Persistent link: https://www.econbiz.de/10013141336

Indian economic growth: Lessons for the emerging economies

Chakraborty, Suparna - 2008

Persistent link: https://www.econbiz.de/10010273469

Section 2 Enforcement and the Great Recession : Why Less (Enforcement) Might Mean More (GDP)

Meese, Alan J. - 2019

Section 2 of the Sherman Act bans monopolization of any part of interstate commerce. This essay draws on macroeconomic theory and the New Deal experience with partial repeal of the antitrust laws and cartelization of labor to examine the relationship between macroeconomic stability and the...

Persistent link: https://www.econbiz.de/10014168446

Sectoral Shocks and Movement Costs : Effects on Employment and Welfare

Shin, Kwanho - 1998

**Below is a description of the paper and not the actual abstract.** We set up a general equilibrium model of a two-sector economy in which movement costs across sectors play a crucial role in explaining the cyclical fluctuations of employment, even though there is little labor reallocation...

Persistent link: https://www.econbiz.de/10014094476

The Green Solow Model

Brock, William A.; Taylor, M. Scott - 2014

We demonstrate that a key empirical finding in environmental economics - The Environmental Kuznets Curve - and the core model of modern macroeconomics - the Solow model - are intimately related. Once we amend the Solow model to incorporate technological progress in abatement, the EKC is a...

Persistent link: https://www.econbiz.de/10014071378

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