- Central Bank of Solomon Islands
... Cointegration is when two or more variables share a common trend in the long run. In this paper monetary, fiscal, external, and production indicators were included. Thirdly, most developed economies have GDP at a quarterly frequency and only a few studies were found on the quarterly disaggregation o ...
... Cointegration is when two or more variables share a common trend in the long run. In this paper monetary, fiscal, external, and production indicators were included. Thirdly, most developed economies have GDP at a quarterly frequency and only a few studies were found on the quarterly disaggregation o ...
... slowdown in FIAT exports (8M/14: +2.8% yoy). We expect that FIAT production slowdown is of temporary nature and is attributed by dysfunction in the Belgrade-Bar railway, weaker external demand due to global market uncertainties and the full production capacity being reached in 2013. Again, on the po ...
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... requires using specialized data sets that often do not suit the purposes of the analysis. Moreover, when focused on U.S. states, it is important to understand the high degree of mobility of the U.S. population, implying that policies of one state may have significant implications for others as worke ...
... requires using specialized data sets that often do not suit the purposes of the analysis. Moreover, when focused on U.S. states, it is important to understand the high degree of mobility of the U.S. population, implying that policies of one state may have significant implications for others as worke ...
IMPACT OF FOREIGN DIRECT INVESTMENT ON ECONOMIC GROWTH IN PAKISTAN
... FDI had a significant negative effect on domestic investment suggesting that it crowds-out domestic investment. Hence FDI appears to have been immiserizing. However, this effect varies across countries and in the Pacific basin countries FDI seems to have crowded-in domestic investment. FDI inflows h ...
... FDI had a significant negative effect on domestic investment suggesting that it crowds-out domestic investment. Hence FDI appears to have been immiserizing. However, this effect varies across countries and in the Pacific basin countries FDI seems to have crowded-in domestic investment. FDI inflows h ...
Factor Productivity and Potential Output Growth in South Africa
... Fedderke (2002) assessed factor accumulation and TFP growth in South Africa over 1970–1997 using the Cobb-Douglas production function and found that economic growth in the 1970s and 1980s was led by growth in accumulation of physical capital and labour, with very little contribution from technology ...
... Fedderke (2002) assessed factor accumulation and TFP growth in South Africa over 1970–1997 using the Cobb-Douglas production function and found that economic growth in the 1970s and 1980s was led by growth in accumulation of physical capital and labour, with very little contribution from technology ...
Mq te Working paper series WP # 12-14
... is standard. It says that the growth rate of consumption depends on the presentutility value of the rate of return to saving. This return re‡ects that giving up a unit of present consumption allows buying 1=pt units of the investment good today that, after contributing to the production process, wil ...
... is standard. It says that the growth rate of consumption depends on the presentutility value of the rate of return to saving. This return re‡ects that giving up a unit of present consumption allows buying 1=pt units of the investment good today that, after contributing to the production process, wil ...
Tables 2 to 2D describe policies and outcomes during the three sub
... A. LONG-TERM GROWTH IN EGYPT: STYLIZED FACTS AND REVIEW OF THE LITERATURE Growth in Egypt has been low and fairly stable. Between the early eighties until 2009, average growth was around 4.9 percent p.a. (figure 1). This was below the growth in Asian emerging economies Enders (2007). GDP per capita ...
... A. LONG-TERM GROWTH IN EGYPT: STYLIZED FACTS AND REVIEW OF THE LITERATURE Growth in Egypt has been low and fairly stable. Between the early eighties until 2009, average growth was around 4.9 percent p.a. (figure 1). This was below the growth in Asian emerging economies Enders (2007). GDP per capita ...
Asia`s Skills Crisis - Asian Development Bank
... perceptions of skills shortages in the region. It is, after all, corporate Asia that suffers the most—and so is most knowledgeable. These perceptions confirm that lack of qualified workers is indeed a large and growing business constraint across Asia and all industries. They also show that the scarc ...
... perceptions of skills shortages in the region. It is, after all, corporate Asia that suffers the most—and so is most knowledgeable. These perceptions confirm that lack of qualified workers is indeed a large and growing business constraint across Asia and all industries. They also show that the scarc ...
Budget 2016 - Government of Seychelles
... After having exercised their rights in peace, it is important that we continue to provide each and every Seychellois the opportunity to dedicate themselves to the future of our country. It is with this principle in mind that I present the National budget to this Assembly today. The National Budget f ...
... After having exercised their rights in peace, it is important that we continue to provide each and every Seychellois the opportunity to dedicate themselves to the future of our country. It is with this principle in mind that I present the National budget to this Assembly today. The National Budget f ...
Informal sector
... – Countries should follow paragraph 18 of the Resolution adopted by the 15th ICLS regarding the treatment of outworkers/homeworkers. Countries should provide figures separately for outworkers/home-workers included in the informal sector. – Countries covering urban as well as rural areas should provi ...
... – Countries should follow paragraph 18 of the Resolution adopted by the 15th ICLS regarding the treatment of outworkers/homeworkers. Countries should provide figures separately for outworkers/home-workers included in the informal sector. – Countries covering urban as well as rural areas should provi ...
The Productivity Puzzle - Federal Reserve Bank of St. Louis
... and her skills will grow further with experience. In a similar way, the education that students receive in school and college (and further training and work experience) is an important part of the productivity growth story. 3. Technological change. Technological change (also known as technological ...
... and her skills will grow further with experience. In a similar way, the education that students receive in school and college (and further training and work experience) is an important part of the productivity growth story. 3. Technological change. Technological change (also known as technological ...
CHAPTER 18: Long
... Growth comes from a bigger workforce and more productive workers. Higher productivity comes from tools (capital), a better-educated and more highly skilled workforce (human capital), and increasingly from innovation and technical change (new techniques of production) and newly developed products and ...
... Growth comes from a bigger workforce and more productive workers. Higher productivity comes from tools (capital), a better-educated and more highly skilled workforce (human capital), and increasingly from innovation and technical change (new techniques of production) and newly developed products and ...
YYYYYY Patriotism and GDP Cultural difference, though difficult to
... For this reason, it seems reasonable to hypothesize that a nation with many constructively patriotic citizens would be more likely to succeed than a country with blindly patriotic citizens. Data from two questions in the World Values Survey support this hypothesis. Respondents in 52 countries were a ...
... For this reason, it seems reasonable to hypothesize that a nation with many constructively patriotic citizens would be more likely to succeed than a country with blindly patriotic citizens. Data from two questions in the World Values Survey support this hypothesis. Respondents in 52 countries were a ...
Chinese economic reform
The Chinese economic reform (simplified Chinese: 改革开放; traditional Chinese: 改革開放; pinyin: Gǎigé kāifàng; literally: ""Reform & Opening up"") refers to the program of economic reforms called ""Socialism with Chinese characteristics"" in the People's Republic of China (PRC) that was started in December 1978 by reformists within the Communist Party of China (CPC) led by Deng Xiaoping.China had one of the world's largest and most advanced economies prior to the nineteenth century. In the 18th century, Adam Smith claimed China had long been one of the richest, that is, one of the most fertile, best cultivated, most industrious, most prosperous and most urbanized countries in the world. The economy stagnated since the 16th century and even declined in absolute terms in the nineteenth and much of the twentieth century, with a brief recovery in the 1930s.Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses. However, most industry remained state-owned. The second stage of reform, in the late 1980s and 1990s, involved the privatization and contracting out of much state-owned industry and the lifting of price controls, protectionist policies, and regulations, although state monopolies in sectors such as banking and petroleum remained. The private sector grew remarkably, accounting for as much as 70 percent of China gross domestic product by 2005. From 1978 until 2013, unprecedented growth occurred, with the economy increasing by 9.5% a year. The conservative Hu-Wen Administration more heavily regulated and controlled the economy after 2005, reversing some reforms.The success of China's economic policies and the manner of their implementation has resulted in immense changes in Chinese society. Large-scale government planning programs alongside market characteristics have minimized poverty, while incomes and income inequality have increased, leading to a backlash led by the New Left. In the academic scene, scholars have debated the reason for the success of the Chinese ""dual-track"" economy, and have compared them to attempts to reform socialism in the East Bloc and the Soviet Union, and the growth of other developing economies.