Empirical Analysis on the Relationship Between Logistics Industry
... Logistics,called ‘the source of third profit’[1], is considered the artery and elementary industry of national economic development and has been growing rapidly, which has presented new challenges on the development of China’s urban logistics and at the same time makes it an important part of the re ...
... Logistics,called ‘the source of third profit’[1], is considered the artery and elementary industry of national economic development and has been growing rapidly, which has presented new challenges on the development of China’s urban logistics and at the same time makes it an important part of the re ...
NBER WORKING PAPER SERIES CALLING RECESSIONS IN REAL TIME James D. Hamilton
... announcements on the basis of a pre-determined, purely mechanical algorithm would insulate the procedure from any possible charges of partisanship. Third, coming up with a mechanical means to recognize business cycle turning points offers further elucidation of what we actually mean when we say that ...
... announcements on the basis of a pre-determined, purely mechanical algorithm would insulate the procedure from any possible charges of partisanship. Third, coming up with a mechanical means to recognize business cycle turning points offers further elucidation of what we actually mean when we say that ...
Does the shift of FDI from manufacturing to services accelerate
... resources from another industry, mainly in the form of skilled labor, attracted to higher compensations. In this case, the productivity of domestic firms in the other industry falls again because their cost curve shifts out. Both cases of negative spillovers would be translated into lower production ...
... resources from another industry, mainly in the form of skilled labor, attracted to higher compensations. In this case, the productivity of domestic firms in the other industry falls again because their cost curve shifts out. Both cases of negative spillovers would be translated into lower production ...
Government report - World Trade Organization
... The share of gas sector in GDP over the last five years has increased from 2.1% in 2002 to 3.6% in 2006. The share of industry has increased from 11.5% of GDP in 2002 to 14.2% in 2006. The share of services sector, however, declined from 46.8% in 2002 to 37.7% in 2006. It is worth noting that the sh ...
... The share of gas sector in GDP over the last five years has increased from 2.1% in 2002 to 3.6% in 2006. The share of industry has increased from 11.5% of GDP in 2002 to 14.2% in 2006. The share of services sector, however, declined from 46.8% in 2002 to 37.7% in 2006. It is worth noting that the sh ...
Chapter 3. From Recession to Recovery: How Soon and How
... support aggregate demand in the short term, but care must be taken to preserve public debt sustainability over the medium run. Even with such measures, a return to steady economic growth depends on restoring the health of the financial sector. Indeed, one of the most important lessons from the Great ...
... support aggregate demand in the short term, but care must be taken to preserve public debt sustainability over the medium run. Even with such measures, a return to steady economic growth depends on restoring the health of the financial sector. Indeed, one of the most important lessons from the Great ...
PDF
... agricultural trade barriers and support mechanisms continue to exist. This yields welfare gains in EU and NAFTA in contrast with continuing poverty of developing countries where markets become more segmented. Regional communities (B2). In the Regional Communities scenario the focus is on both econom ...
... agricultural trade barriers and support mechanisms continue to exist. This yields welfare gains in EU and NAFTA in contrast with continuing poverty of developing countries where markets become more segmented. Regional communities (B2). In the Regional Communities scenario the focus is on both econom ...
FREE Sample Here
... ■ Among the leading economies, the U.S. was least harmed by the war and became the world’s dominant economy. ■ Substantial government aid helped stimulate economic activity in Europe. ■ Commonplace were high tariffs, other trade barriers, with strict controls on currency and capital movements. ■ Sev ...
... ■ Among the leading economies, the U.S. was least harmed by the war and became the world’s dominant economy. ■ Substantial government aid helped stimulate economic activity in Europe. ■ Commonplace were high tariffs, other trade barriers, with strict controls on currency and capital movements. ■ Sev ...
NBER WORKING PAPER SERIES ARE ALL BANKING CRISES ALIKE? THE JAPANESE EXPERIENCE
... Recent events in Japan and East Asia draw renewed attention to the many problems associated with financial sector distress— how quickly and unexpectedly crisis situations arise, disruption in credit channels, economic contraction, and the difficulty in designing effective policy responses. Japan’s b ...
... Recent events in Japan and East Asia draw renewed attention to the many problems associated with financial sector distress— how quickly and unexpectedly crisis situations arise, disruption in credit channels, economic contraction, and the difficulty in designing effective policy responses. Japan’s b ...
1 - EcoMod
... of public spending and growth, there is still no agreement on which categories of spending promote growth. The introduction of advanced econometric techniques and new variables in the empirical specifications could not solve the problem. One possible explanation for the mixed results obtained in the ...
... of public spending and growth, there is still no agreement on which categories of spending promote growth. The introduction of advanced econometric techniques and new variables in the empirical specifications could not solve the problem. One possible explanation for the mixed results obtained in the ...
Figure 7 Employment growth rate
... Figure 7 Employment growth rate (%) for the 7 low-performing economies. ....................... 23 Figure 8 Employment growth rate (%) for the 8 high-performing economies. ....................... 23 Figure 9 Employment rate growth means and std. deviations for low and high-performing EU15 economies. ...
... Figure 7 Employment growth rate (%) for the 7 low-performing economies. ....................... 23 Figure 8 Employment growth rate (%) for the 8 high-performing economies. ....................... 23 Figure 9 Employment rate growth means and std. deviations for low and high-performing EU15 economies. ...
Foreign Direct Investment and Economic Growth in the European
... analyze whether and to what extent a particular factor or group of factors affect growth. Similar considerations apply to empirical studies that attempt to quantify the impact of FDI on growth. These considerations manifest themselves and operate through many standard channels: firstly, FDI inflows ...
... analyze whether and to what extent a particular factor or group of factors affect growth. Similar considerations apply to empirical studies that attempt to quantify the impact of FDI on growth. These considerations manifest themselves and operate through many standard channels: firstly, FDI inflows ...
If the total surplus in a market with no government
... An economy will have a comparative advantage if its ________. 1. opportunity cost is lower than that of another country* 1. production is higher in the economy 1. costs are the least expensive 1. technology is efficient 1. The production possibilities curve represents A. the maximum combination of f ...
... An economy will have a comparative advantage if its ________. 1. opportunity cost is lower than that of another country* 1. production is higher in the economy 1. costs are the least expensive 1. technology is efficient 1. The production possibilities curve represents A. the maximum combination of f ...
Unemployment dynamics and NAIRU estimates for Accession countries: a univariate approach
... Enlargement is one of the most important challenges in the European Union (EU) agenda. Although it is not the …rst time that the EU is admitting countries with lower levels of economic development than the existing members, three characteristics make the present enlargement unique. The …rst di¤erenc ...
... Enlargement is one of the most important challenges in the European Union (EU) agenda. Although it is not the …rst time that the EU is admitting countries with lower levels of economic development than the existing members, three characteristics make the present enlargement unique. The …rst di¤erenc ...
C Forecast of macroeconomic indicators
... Impacts of the mentioned measures are calculated under ESA 95 methodology. From this reason, they may differ from actual claims to public financing. E.g. an increase in CEB capital will take the assumed CZK 2bn but in ESA 95 it is a financial operation having no impact on the balance, because one fi ...
... Impacts of the mentioned measures are calculated under ESA 95 methodology. From this reason, they may differ from actual claims to public financing. E.g. an increase in CEB capital will take the assumed CZK 2bn but in ESA 95 it is a financial operation having no impact on the balance, because one fi ...
Transformation in economics
Transformation in economics refers to a long-term change in dominant economic activity in terms of prevailing relative engagement or employment of able individuals.Human economic systems undergo a number of deviations and departures from the ""normal"" state, trend or development. Among them are Disturbance (short-term disruption, temporary disorder), Perturbation (persistent or repeated divergence, predicament, decline or crisis), Deformation (damage, regime change, loss of self-sustainability, distortion), Transformation (long-term change, restructuring, conversion, new “normal”) and Renewal (rebirth, transmutation, corso-ricorso, renaissance, new beginning).Transformation is a unidirectional and irreversible change in dominant human economic activity (economic sector). Such change is driven by slower or faster continuous improvement in sector productivity growth rate. Productivity growth itself is fueled by advances in technology, inflow of useful innovations, accumulated practical knowledge and experience, levels of education, viability of institutions, quality of decision making and organized human effort. Individual sector transformations are the outcomes of human socio-economic evolution.Human economic activity has so far undergone at least four fundamental transformations:From nomadic hunting and gathering (H/G) to localized agricultureFrom localized agriculture (A) to internationalized industryFrom international industry (I) to global servicesFrom global services (S) to public sector (including government, welfare and unemployment, GWU)This evolution naturally proceeds from securing necessary food, through producing useful things, to providing helpful services, both private and public (See H/G→A→I→S→GWU sequence in Fig. 1). Accelerating productivity growth rates speed up the transformations, from millennia, through centuries, to decades of the recent era. It is this acceleration which makes transformation relevant economic category of today, more fundamental in its impact than any recession, crisis or depression. The evolution of four forms of capital (Indicated in Fig. 1) accompanies all economic transformations.Transformation is quite different from accompanying cyclical recessions and crises, despite the similarity of manifested phenomena (unemployment, technology shifts, socio-political discontent, bankruptcies, etc.). However, the tools and interventions used to combat crisis are clearly ineffective for coping with non-cyclical transformations. The problem is whether we face a mere crisis or a fundamental transformation (globalization→relocalization).