‘Push Factors’ Of Outward Fdi: Evidence From Malaysia And Thailand
... GDP, we could see from Table 2 that there is strong positive correlation between both variables in both countries, particularly before the wake of 1997 economic crisis. The period after the crisis recorded the lowest or even negative correlation in the case of Thailand. Although we do not have detai ...
... GDP, we could see from Table 2 that there is strong positive correlation between both variables in both countries, particularly before the wake of 1997 economic crisis. The period after the crisis recorded the lowest or even negative correlation in the case of Thailand. Although we do not have detai ...
What is the track record of OECD Economic Projections
... the performance of its forecasts for real GDP with those published by other institutions in May and November of each year. The results of this reassessment are shown in the attached technical appendix, together with the initial conclusions of Riksbank.3 The table in appendix displays a better perfor ...
... the performance of its forecasts for real GDP with those published by other institutions in May and November of each year. The results of this reassessment are shown in the attached technical appendix, together with the initial conclusions of Riksbank.3 The table in appendix displays a better perfor ...
A Comparison of the Theories of Joseph Alois Schumpeter and John
... the classical model in respect to saving and investment always being in equilibrium (Ekelund & Hebert, 1975). According to the classical model, the interest rate is always flexible and this means that any changes in investment or saving would never cause overproduction or underproduction in an econo ...
... the classical model in respect to saving and investment always being in equilibrium (Ekelund & Hebert, 1975). According to the classical model, the interest rate is always flexible and this means that any changes in investment or saving would never cause overproduction or underproduction in an econo ...
NBER WORKING PAPER SERIES LAND-PRICE DYNAMICS AND MACROECONOMIC FLUCTUATIONS Zheng Liu Pengfei Wang
... land demand curve upward. Land prices rise and land reallocates from the entrepreneur to the household (from point A to point B) and there are no further actions. As land shifts away from the business sector, investment falls. Thus, the unconstrained model predicts negative co-movements between land ...
... land demand curve upward. Land prices rise and land reallocates from the entrepreneur to the household (from point A to point B) and there are no further actions. As land shifts away from the business sector, investment falls. Thus, the unconstrained model predicts negative co-movements between land ...
CONTENTS- The Norwich Economic Papers
... decrease in growth from a two-digit to an average of 7% has produced a lot of uncertainty all over the world, especially for the countries that were reliant on China to produce growth. Unfortunately for China, the country appears to be the bad character in all this story which seems to be driving th ...
... decrease in growth from a two-digit to an average of 7% has produced a lot of uncertainty all over the world, especially for the countries that were reliant on China to produce growth. Unfortunately for China, the country appears to be the bad character in all this story which seems to be driving th ...
NBER WORKING PAPER SERIES THE MACROECONOMICS OF SUBSISTENCE POINTS Morten O. Ravn
... is, as referring to the minimum amount of food, clothing, and shelter necessary to sustain life. However, a broader interpretation of necessities would include those dictated by social norms. A luxury in a poor society, such as tab water, inside plumbing, and health care are considered necessities i ...
... is, as referring to the minimum amount of food, clothing, and shelter necessary to sustain life. However, a broader interpretation of necessities would include those dictated by social norms. A luxury in a poor society, such as tab water, inside plumbing, and health care are considered necessities i ...
paper
... financial markets, a lack of access to financial markets, or because of negative outlooks? To get answers to these questions, as well as questions related to life cycle saving, it is crucial to understand the social distribution of savings. Who could save, and how much could they save? We address th ...
... financial markets, a lack of access to financial markets, or because of negative outlooks? To get answers to these questions, as well as questions related to life cycle saving, it is crucial to understand the social distribution of savings. Who could save, and how much could they save? We address th ...
Financial versus real economic variables in explaining growth and
... The main purpose of this study is to examine the relationship between the real output and the real financial-economic variables in the U.S. economy and whether the financial sector or the real economy can better explain growth and cycles. In order to investigate this, various econometric techniques ...
... The main purpose of this study is to examine the relationship between the real output and the real financial-economic variables in the U.S. economy and whether the financial sector or the real economy can better explain growth and cycles. In order to investigate this, various econometric techniques ...
Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence
... One of the great challenges for macroeconomists is explaining the slow recovery from major financial crises (see, e.g. Reinhart and Rogoff (2009)). This phenomenon is only partly accounted for by existing theories. A large literature has suggested that demand shortfalls can account for slow growth f ...
... One of the great challenges for macroeconomists is explaining the slow recovery from major financial crises (see, e.g. Reinhart and Rogoff (2009)). This phenomenon is only partly accounted for by existing theories. A large literature has suggested that demand shortfalls can account for slow growth f ...
This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: International Aspects of Fiscal Policies
... to taxes levied on capital within the home country, regardless of its ownership. The tax on corporate income is an example of an investment tax. In closed economies, it is clear that there is no important difference between savings and investment taxes. But in open economies, where capital flows are ...
... to taxes levied on capital within the home country, regardless of its ownership. The tax on corporate income is an example of an investment tax. In closed economies, it is clear that there is no important difference between savings and investment taxes. But in open economies, where capital flows are ...
effects of government spending on economic
... spending can be financed by government borrowing or taxes. The expenditure is vital for the efficient running of the economy. The need for much of the government expenditure arises from the fact that some goods cannot be provided at all by a free market economy and that others may be under-provided. ...
... spending can be financed by government borrowing or taxes. The expenditure is vital for the efficient running of the economy. The need for much of the government expenditure arises from the fact that some goods cannot be provided at all by a free market economy and that others may be under-provided. ...
current_account
... inventories of goods held by firms (i.e., unsold output). Copyright © 2011 Worth Publishers· International Economics· Feenstra/Taylor, 2/e. ...
... inventories of goods held by firms (i.e., unsold output). Copyright © 2011 Worth Publishers· International Economics· Feenstra/Taylor, 2/e. ...
Journal of the History of Economic Thought THE LEVEL AND
... form of seeds, fertilizers, etc., but also food and wage goods that must be available both to the hired labor and to the tenant-farmers to cover their consumption while the process of production takes place. In addition to working capital, tenant-farmers also own fixed (long-term) capital in the for ...
... form of seeds, fertilizers, etc., but also food and wage goods that must be available both to the hired labor and to the tenant-farmers to cover their consumption while the process of production takes place. In addition to working capital, tenant-farmers also own fixed (long-term) capital in the for ...
Mises_Biblio
... Selected Writings of Ludwig von Mises Vol. 2: Between the Two World Wars: Monetry Disorder, Interventionism, Socialism, and the Grear Depression. Indianapolis: Liberty Fund, 2002. Selected Writings of Ludwig von Mises Vol. 3: The Political Economy of International Reform and ...
... Selected Writings of Ludwig von Mises Vol. 2: Between the Two World Wars: Monetry Disorder, Interventionism, Socialism, and the Grear Depression. Indianapolis: Liberty Fund, 2002. Selected Writings of Ludwig von Mises Vol. 3: The Political Economy of International Reform and ...
Wages Behaviour and Unemployment in Keynes and New
... of real wage could remain largely unaffected and, more in general, nominal wage changes can produce complex effects on output and employment which are difficult to generalise. Particularly unsatisfied by the explanation of his contemporary economists, he also provided an alternative reason for the o ...
... of real wage could remain largely unaffected and, more in general, nominal wage changes can produce complex effects on output and employment which are difficult to generalise. Particularly unsatisfied by the explanation of his contemporary economists, he also provided an alternative reason for the o ...
Vertical Multinationals, Industry Characteristics, and Endogenous Technology Spillover
... For horizontal multinational firms, the trade-off between exporting and producing in the host economy usually arises. On the other hand, vertical multinationals involve trade-off between cost of producing whole process in source country and cost of breaking up the vertical production structure. The ...
... For horizontal multinational firms, the trade-off between exporting and producing in the host economy usually arises. On the other hand, vertical multinationals involve trade-off between cost of producing whole process in source country and cost of breaking up the vertical production structure. The ...
NBER WORKING PAPER SERIES ON THE CONNECTIONS BETWEEN INTERTEMPORAL AND INTRA-TEMPORAL TRADES
... importing capital directly, a country can adjust the total amount of investment by altering the composition of the two sectors, for example, importing capital indirectly via importing more of the capital-intensive product and at the same time exporting ...
... importing capital directly, a country can adjust the total amount of investment by altering the composition of the two sectors, for example, importing capital indirectly via importing more of the capital-intensive product and at the same time exporting ...
J. 1050
... they will be unable to sell all their labor both this period and next, then in fact, it will turn out that they will be unable to sell all ...
... they will be unable to sell all their labor both this period and next, then in fact, it will turn out that they will be unable to sell all ...
The conditional labor demand from Leontief production function can
... another source that may slow down labor demand. Minimum wages in Vietnam have been actively adjusted over time. If increasing minimum wages drives up market wages and distorts the wage-rental ratio, then we would expect lower labor demand growth. However, if the minimum wage has an unimportant effec ...
... another source that may slow down labor demand. Minimum wages in Vietnam have been actively adjusted over time. If increasing minimum wages drives up market wages and distorts the wage-rental ratio, then we would expect lower labor demand growth. However, if the minimum wage has an unimportant effec ...
INCOME INEQUALITY AND THE BUSINESS CYCLE
... the U.S. economy. Specifically, higher inflation leads to higher nominal interest rates and a higher real tax burden on interest income. An increase in inflation results in a lower stock market participation rate and an increase in wealth inequality. Focusing on cross-country correlations between in ...
... the U.S. economy. Specifically, higher inflation leads to higher nominal interest rates and a higher real tax burden on interest income. An increase in inflation results in a lower stock market participation rate and an increase in wealth inequality. Focusing on cross-country correlations between in ...
Reconstructing Political Economy: The great divide in
... such questions. There are those who see order and stability underlying temporary dislocations; others see instability as the norm. The first group wants to explain permanence; the second studies the nature of evolution and change. The mainstream of economic science concerns itself with the first sor ...
... such questions. There are those who see order and stability underlying temporary dislocations; others see instability as the norm. The first group wants to explain permanence; the second studies the nature of evolution and change. The mainstream of economic science concerns itself with the first sor ...
The Natural Resource Curse, Fiscal Decentralization, and
... where and are the amounts of the private and the public consumption goods, respectively; is the value of natural riches net of extraction costs.10 There are a number of implicit assumptions in expressions (6) and (7). In particular, we suppose that both consumption goods are produced with t ...
... where and are the amounts of the private and the public consumption goods, respectively; is the value of natural riches net of extraction costs.10 There are a number of implicit assumptions in expressions (6) and (7). In particular, we suppose that both consumption goods are produced with t ...
poorer than their parents? flat or falling incomes in
... wages necessarily went down but that households earned the same as or less than similar households had earned in 2005 on average. In the 12 preceding years, between 1993 and 2005, this flat or falling phenomenon was rare, with less than 2 percent of households not advancing. In absolute numbers, whi ...
... wages necessarily went down but that households earned the same as or less than similar households had earned in 2005 on average. In the 12 preceding years, between 1993 and 2005, this flat or falling phenomenon was rare, with less than 2 percent of households not advancing. In absolute numbers, whi ...
kadochnikov ge08 6483571 en
... FDI exerts influence on the domestic sector of the economy: either within the product market where foreign companies operate (horizontal spillover effects) or in a number of sectors interconnected by a vertical technological chain (vertical effects or linkage effects). Linkage effects are intersecto ...
... FDI exerts influence on the domestic sector of the economy: either within the product market where foreign companies operate (horizontal spillover effects) or in a number of sectors interconnected by a vertical technological chain (vertical effects or linkage effects). Linkage effects are intersecto ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... SEZ on Rural India. (4) To find the drawbacks, if there, of implementing SEZ in India. This study aims at examining the impact of Special Economic Zones (SEZs) on human development and poverty reduction in India. It identifies three channels through which SEZs address these issues: employment genera ...
... SEZ on Rural India. (4) To find the drawbacks, if there, of implementing SEZ in India. This study aims at examining the impact of Special Economic Zones (SEZs) on human development and poverty reduction in India. It identifies three channels through which SEZs address these issues: employment genera ...