economía - Universidad del Rosario
... 0.12 of GDP by 1928. This fiscal policy increased aggregate demand, expanded the size of the domestic market, and boosted urban housing construction. Together, all these elements favored the effective demand for manufacturing goods. Entrepreneurs’ human capital played an important role during the fi ...
... 0.12 of GDP by 1928. This fiscal policy increased aggregate demand, expanded the size of the domestic market, and boosted urban housing construction. Together, all these elements favored the effective demand for manufacturing goods. Entrepreneurs’ human capital played an important role during the fi ...
68079100I_en.pdf
... Ffrench-Davis, 1995). The aim of these reforms was to ring down the curtain on the import substitution industrialization model, which had been the main development paradigm ever since the 1940s and had been kept in being by governments of the most diverse tendencies. The reforms of the 1974-1979 per ...
... Ffrench-Davis, 1995). The aim of these reforms was to ring down the curtain on the import substitution industrialization model, which had been the main development paradigm ever since the 1940s and had been kept in being by governments of the most diverse tendencies. The reforms of the 1974-1979 per ...
Productivity in Retail and Wholesale Trade in The Netherlands
... (Preliminary and Incomplete, please do not cite) ...
... (Preliminary and Incomplete, please do not cite) ...
Bangladesh`s Balance of Payments: an Econometric Analysis
... This study is the first major attempt to estimate in a rigorous and systematic way the impact of trade liberalization not only on export growth but also on import growth, the trade balance and the balance of payments. Previous studies have ignored the fact that if liberalization leads to a flood of ...
... This study is the first major attempt to estimate in a rigorous and systematic way the impact of trade liberalization not only on export growth but also on import growth, the trade balance and the balance of payments. Previous studies have ignored the fact that if liberalization leads to a flood of ...
East Asia and Africa growth
... others are strongly or robustly related to growth: the East Asian dummy, the primary school enrolment rate in 1960, the average investment rate, the initial level of GDP, life expectancy in 1960. The theory of economic growth predicts a conditional convergence and specifies some variabl ...
... others are strongly or robustly related to growth: the East Asian dummy, the primary school enrolment rate in 1960, the average investment rate, the initial level of GDP, life expectancy in 1960. The theory of economic growth predicts a conditional convergence and specifies some variabl ...
Global Financial Crisis and Growth Prospects in Asia
... To provide consistent and robust results, I obtain the Arellano-Bond GMM estimates based on the model specification (2). The GMM estimates are qualitatively identical to those reported in Table 1 as their signs and significance remain unchanged. As expected, the coefficient of CRISIS is negative and ...
... To provide consistent and robust results, I obtain the Arellano-Bond GMM estimates based on the model specification (2). The GMM estimates are qualitatively identical to those reported in Table 1 as their signs and significance remain unchanged. As expected, the coefficient of CRISIS is negative and ...
LSIS Brief Guide - UK Government Web Archive
... more than £3 billion ploughed into research and development (p. 12). However, the UK has two major shortcomings in the innovation field. Firstly, ’both UK-based businesses and the Government itself continue to invest less in R&D as a percentage of GDP than other comparator economies’ – a bit more th ...
... more than £3 billion ploughed into research and development (p. 12). However, the UK has two major shortcomings in the innovation field. Firstly, ’both UK-based businesses and the Government itself continue to invest less in R&D as a percentage of GDP than other comparator economies’ – a bit more th ...
NBER WORKING PAPER SERIES AND TRADE Gene M. Grossman Elhanan Helprnan
... Clearly, this country exports the good in which it enjoys a comparative advantage, because that good is consumed by its trade partner but not produced there. The other type of equilibrium arises when a moderate share of world income is ...
... Clearly, this country exports the good in which it enjoys a comparative advantage, because that good is consumed by its trade partner but not produced there. The other type of equilibrium arises when a moderate share of world income is ...
The Paradox of Capital - Eswar Prasad
... tandard economic theory tells us that financial capimies are running surpluses. Chart 1 also indicates that uphill tal should, on net, flow from richer to poorer countries. flows are not entirely a new phenomenon; a similar pattern That is, it should flow from countries that have more can be seen in ...
... tandard economic theory tells us that financial capimies are running surpluses. Chart 1 also indicates that uphill tal should, on net, flow from richer to poorer countries. flows are not entirely a new phenomenon; a similar pattern That is, it should flow from countries that have more can be seen in ...
Regional policy – Outline
... derogation in Art. 87 (state aid): national aid to regions where the standard of living is abnormally low may be considered to be in compliance with the common market. ...
... derogation in Art. 87 (state aid): national aid to regions where the standard of living is abnormally low may be considered to be in compliance with the common market. ...
Why did Britain have full employment between 1945 and, say, 1975
... There is much to support the view that in the 1950s and 1960s full employment was a goal generally shared by all in the western industrialised countries. What is not shared is how that policy started to unravel. Robert Solow suggests that the writing was on the wall in the 1960s but it was ignored. ...
... There is much to support the view that in the 1950s and 1960s full employment was a goal generally shared by all in the western industrialised countries. What is not shared is how that policy started to unravel. Robert Solow suggests that the writing was on the wall in the 1960s but it was ignored. ...
Lecture2 - Stanford University
... Production and Consumption Patterns in the Absence of International Trade ...
... Production and Consumption Patterns in the Absence of International Trade ...
policy space
... achieving structural change and thus involves a continuous adaptation of targets, instruments and behavioural relations rather than a routine use of a given instrument-target relationship. This need for constant adaptation makes it desirable to have available as many effective policy instruments as ...
... achieving structural change and thus involves a continuous adaptation of targets, instruments and behavioural relations rather than a routine use of a given instrument-target relationship. This need for constant adaptation makes it desirable to have available as many effective policy instruments as ...
economic reforms in kyrgyzstan - Center for Social and Economic
... various sources amounting to ca. 15-20 million U.S. dollars, chiefly in the form of medical and food aid (IMF [1993a]). 4. Kyrgyzstan's foreign trade The economy of Kyrgyzstan, like those of all the republics of the former USSR, was oriented to the production of goods and services for the intra-Unio ...
... various sources amounting to ca. 15-20 million U.S. dollars, chiefly in the form of medical and food aid (IMF [1993a]). 4. Kyrgyzstan's foreign trade The economy of Kyrgyzstan, like those of all the republics of the former USSR, was oriented to the production of goods and services for the intra-Unio ...
Economics Honors - SS3314H Scope and Sequence
... Explain the differences and connections between absolute and comparative advantage. Identify reasons that countries specialize in the production of specific goods. Currencies and Exchange Rates Analyze how exchange rates influence the global economy. Describe why nations use different currencies. Ex ...
... Explain the differences and connections between absolute and comparative advantage. Identify reasons that countries specialize in the production of specific goods. Currencies and Exchange Rates Analyze how exchange rates influence the global economy. Describe why nations use different currencies. Ex ...
here
... Particularly daunting is the rapidity with which Chinese exports to the U.S. are growing in a handful of sectors that represent the very core of NAFTA, i.e. a highly specialized network of cross-border investment and intra-industry trade within which Canada and Mexico serve as productive spokes to t ...
... Particularly daunting is the rapidity with which Chinese exports to the U.S. are growing in a handful of sectors that represent the very core of NAFTA, i.e. a highly specialized network of cross-border investment and intra-industry trade within which Canada and Mexico serve as productive spokes to t ...
OCR Spec - Institute of Economic Affairs
... how these vary between member states • explain the role of the financial sector in developing and emerging economies in promoting economic development • evaluate the extent to which international financial markets have influenced flows of financial capital into ...
... how these vary between member states • explain the role of the financial sector in developing and emerging economies in promoting economic development • evaluate the extent to which international financial markets have influenced flows of financial capital into ...
Chapter_14_How_Economies_Grow_Nov_8_2006
... rate, its per capita GDP growth rate would actually be negative, at -1%. The people would on average be getting poorer each year, even though the overall economy is growing. A more positive way of putting it is that, for people’s incomes on average to increase over time, the GDP growth rate must exc ...
... rate, its per capita GDP growth rate would actually be negative, at -1%. The people would on average be getting poorer each year, even though the overall economy is growing. A more positive way of putting it is that, for people’s incomes on average to increase over time, the GDP growth rate must exc ...
The Uses of Chile How Politics Trumped Truth in the
... In an effort to encourage or coerce more countries to adopt neo-liberalism, the model’s intellectual defenders have created the notion of “model pupils” – countries who, so the story goes, adopted neo-liberal policies and obtained high rates of economic growth as a result. The first generation of “m ...
... In an effort to encourage or coerce more countries to adopt neo-liberalism, the model’s intellectual defenders have created the notion of “model pupils” – countries who, so the story goes, adopted neo-liberal policies and obtained high rates of economic growth as a result. The first generation of “m ...
Explanation beyond exchange rates: trends in UK trade since 2007
... XLS format (20 Kb) However, following the financial market shock, the volume of financial services exports fell steeply, contracting by around 20% between Q3 2007 and Q3 2009 before stabilising. This fall is consistent with a global tightening of credit conditions in the period following the initial ...
... XLS format (20 Kb) However, following the financial market shock, the volume of financial services exports fell steeply, contracting by around 20% between Q3 2007 and Q3 2009 before stabilising. This fall is consistent with a global tightening of credit conditions in the period following the initial ...
Central America Maquiladoras And Their Impact On Economic
... in order to contribute to the analysis of links, logic ...
... in order to contribute to the analysis of links, logic ...
Paper
... agrarian economies what Hirschman (1958) defined as a new "multidimensional conspiracy for development" as its expansion would generate a chain of effects on productive sectors and technological improvements that would engender economic development. As Prebisch (1949) remarked, the typical Keynesian ...
... agrarian economies what Hirschman (1958) defined as a new "multidimensional conspiracy for development" as its expansion would generate a chain of effects on productive sectors and technological improvements that would engender economic development. As Prebisch (1949) remarked, the typical Keynesian ...
PDF
... production decisions in prices. Under general specification of preferences allowing for interaction between market demand and the pollution externality (i.e., Hicksian demands increasing in pollution), a trade/environment double dividend exists as long as trade liberalization increases aggregate pol ...
... production decisions in prices. Under general specification of preferences allowing for interaction between market demand and the pollution externality (i.e., Hicksian demands increasing in pollution), a trade/environment double dividend exists as long as trade liberalization increases aggregate pol ...
CHAP08
... Some nations trade less because they are farther from other nations, or landlocked. Such geographical differences are correlated with trade but not with other determinants of income. Hence, they can be used to isolate the impact of trade on income. ...
... Some nations trade less because they are farther from other nations, or landlocked. Such geographical differences are correlated with trade but not with other determinants of income. Hence, they can be used to isolate the impact of trade on income. ...
Will China`s Recovery Affect Africa`s Prospects for Economic Growth?
... linkages, countries’ aggregate outputs are likely to co-move over time. Studying these output comovements — even in terms of econometrics — is useful from a policy perspective (Enders and Siklos 2001). The aim of this paper is to use insights gained from the study of macroeconomic interdependence, o ...
... linkages, countries’ aggregate outputs are likely to co-move over time. Studying these output comovements — even in terms of econometrics — is useful from a policy perspective (Enders and Siklos 2001). The aim of this paper is to use insights gained from the study of macroeconomic interdependence, o ...