Press Release
... slowest rate since June. South Korean manufacturing output fell for the sixth month in a row in September, and at a stronger rate. New orders fell for the fourth time in five months, and new exports orders registered the quickest decline since August 2013. Indonesian manufacturing improved in Septem ...
... slowest rate since June. South Korean manufacturing output fell for the sixth month in a row in September, and at a stronger rate. New orders fell for the fourth time in five months, and new exports orders registered the quickest decline since August 2013. Indonesian manufacturing improved in Septem ...
NBER WORKING PAPER SERIES WHAT YOU EXPORT MATTERS Ricardo Hausmann Jason Hwang
... important role, they do not uniquely pin down what a country will produce and export. Furthermore, not all good are alike in terms of their consequences for economic performance. Specializing in some products will bring higher growth than specializing in others. In this setting, government policy h ...
... important role, they do not uniquely pin down what a country will produce and export. Furthermore, not all good are alike in terms of their consequences for economic performance. Specializing in some products will bring higher growth than specializing in others. In this setting, government policy h ...
Long-Run Economic Trends
... Increasingly, the evidence points to supply-side factors Potential growth has fallen but the U.S. economy is closing the output gap and the unemployment rate has fallen. This does not smell of an aggregate demand problem. It is hard to believe that negative real rates will not eventually spur privat ...
... Increasingly, the evidence points to supply-side factors Potential growth has fallen but the U.S. economy is closing the output gap and the unemployment rate has fallen. This does not smell of an aggregate demand problem. It is hard to believe that negative real rates will not eventually spur privat ...
Poland`s exceptional performance during the world economic crisis
... ratios due to lower investment.1 She has also found that while the depth of a recession is critical for reducing trend output in advanced economies, its length is more important for emerging markets. This observation is coherent with the development of economic growth in Poland, which slowed down co ...
... ratios due to lower investment.1 She has also found that while the depth of a recession is critical for reducing trend output in advanced economies, its length is more important for emerging markets. This observation is coherent with the development of economic growth in Poland, which slowed down co ...
NBER WORKING PAPER SERIES THE ECONOMIC TRAGEDY OF THE XX CENTURY:
... deterioration of inequality of over 10%. For Sub-Saharan Africa, the numbers are 0.58 and 0.65 respectively. It is interesting to note that most of the inequality within Africa can be accounted for by inequality within countries rather than across countries. Figure 6 shows an inequality measure tha ...
... deterioration of inequality of over 10%. For Sub-Saharan Africa, the numbers are 0.58 and 0.65 respectively. It is interesting to note that most of the inequality within Africa can be accounted for by inequality within countries rather than across countries. Figure 6 shows an inequality measure tha ...
the full paper
... early 1990s, the country emerged from a devastating and prolonged conflict. Since then, aggregate economic growth has been sustained at high rates, making the country one of the top economic performers of the region. Other studies have noted that while Mozambique’s growth until the mid-2000s largely ...
... early 1990s, the country emerged from a devastating and prolonged conflict. Since then, aggregate economic growth has been sustained at high rates, making the country one of the top economic performers of the region. Other studies have noted that while Mozambique’s growth until the mid-2000s largely ...
description of project procedure
... development of economic potential of the country. Lastly, the fourth subfield is focused on the analysis of the influence of external factors. This issue has been treated from the viewpoint of all three basic markets – thus attention is paid to foreign trade, capital transfers, and migration. Within ...
... development of economic potential of the country. Lastly, the fourth subfield is focused on the analysis of the influence of external factors. This issue has been treated from the viewpoint of all three basic markets – thus attention is paid to foreign trade, capital transfers, and migration. Within ...
NBER WORKING PAPER SERIES CAN IT BE JAPAN’S SAVIOR Fumio Hayashi Koji Nomura
... Each sector utilizes many different capital assets. At the most detailed level of asset classification, the real capital stock and capital services are identical. However, when assets are aggregated into broader classes, the two are not the same, as first pointed out by Jorgenson and Griliches (1967 ...
... Each sector utilizes many different capital assets. At the most detailed level of asset classification, the real capital stock and capital services are identical. However, when assets are aggregated into broader classes, the two are not the same, as first pointed out by Jorgenson and Griliches (1967 ...
PDF
... potential role of fiscal policy and reform in mitigating the impacts. We find that second round effects from a reduction in financial inflows such as remittances, foreign direct investments and overseas development assistance, as well as reduction in international demand from cash crops such as cott ...
... potential role of fiscal policy and reform in mitigating the impacts. We find that second round effects from a reduction in financial inflows such as remittances, foreign direct investments and overseas development assistance, as well as reduction in international demand from cash crops such as cott ...
2. australia`s linkages with the world
... exports and imports each accounting for around 20 per cent of GDP, and with a history of a very volatile terms of trade, it is perhaps inevitable that economic activity in our major trading partners will have a significant impact on domestic demand and output. Moreover, like many other developed nat ...
... exports and imports each accounting for around 20 per cent of GDP, and with a history of a very volatile terms of trade, it is perhaps inevitable that economic activity in our major trading partners will have a significant impact on domestic demand and output. Moreover, like many other developed nat ...
the rise and fall of technology and the business cycle
... Joseph Alois Schumpeter's ideas are a forerunner of the Real Business Cycle theory. In his work, "The Explanation of the Business Cycle," Schumpeter (1927) makes the claim that the impulses that are typically thought of as causing the business cycle, such as wars, social unrest, and other exogenous ...
... Joseph Alois Schumpeter's ideas are a forerunner of the Real Business Cycle theory. In his work, "The Explanation of the Business Cycle," Schumpeter (1927) makes the claim that the impulses that are typically thought of as causing the business cycle, such as wars, social unrest, and other exogenous ...
THE ROLE OF TELECOMMUNICATIONS INFRASTRUCTURE IN
... of recent empirical studies on this topic (eg. Chen and Kuo, 1985; Cronin, Paker, Colleran and Gold, 1991; Norton, 1992; Cronin, Colleran, Herbert, and Lewitzky, 1993; Dholakia and Harlam, 1994; Greenstein and Spiller, 1995; Madden and Savage, 1998; Canning, 1999; Wang, 1999; Roller and Waverman, 20 ...
... of recent empirical studies on this topic (eg. Chen and Kuo, 1985; Cronin, Paker, Colleran and Gold, 1991; Norton, 1992; Cronin, Colleran, Herbert, and Lewitzky, 1993; Dholakia and Harlam, 1994; Greenstein and Spiller, 1995; Madden and Savage, 1998; Canning, 1999; Wang, 1999; Roller and Waverman, 20 ...
GOVERNMENT OF LESOTHO PLANS TO
... physical capital increases the marginal productivity of capital, thereby impacting positively on economic growth as measured by output growth. In addition, capital accumulation and/ or expansion furnish workers with better and time-saving equipment, leading to an increase in output per worker. As bo ...
... physical capital increases the marginal productivity of capital, thereby impacting positively on economic growth as measured by output growth. In addition, capital accumulation and/ or expansion furnish workers with better and time-saving equipment, leading to an increase in output per worker. As bo ...
Wagner`s Law versus Keynesian Hypothesis in Malaysia
... The AD-AS framework suggests no long-run relationship (no co-integration) between government expenditure (G) and economic growth (Y). Thus, the co-integration approach is not in line with these macroeconomics theses, at least from the classical view of AD-AS framework. Both the Wagner’s law and Keyn ...
... The AD-AS framework suggests no long-run relationship (no co-integration) between government expenditure (G) and economic growth (Y). Thus, the co-integration approach is not in line with these macroeconomics theses, at least from the classical view of AD-AS framework. Both the Wagner’s law and Keyn ...
Financial Deepening trade openess and growth
... theoretical and empirical works. The basic idea is that the development of financial intermediaries allows the allocation of savings into productive investment opportunities with higher growth-generating potentials. In the same time wealthier economies can afford the costs associated to more sophist ...
... theoretical and empirical works. The basic idea is that the development of financial intermediaries allows the allocation of savings into productive investment opportunities with higher growth-generating potentials. In the same time wealthier economies can afford the costs associated to more sophist ...
Macroeconomics Tests - HL Study Guide File
... Explain how changes in interest rates can influence AD. Construct a diagram to show the potential effects of (see below). easy (expansionary) monetary policy tight (contractionary) monetary policy ***For both diagrams, o outline the importance of the shape of the AS curve. o be able to explain ...
... Explain how changes in interest rates can influence AD. Construct a diagram to show the potential effects of (see below). easy (expansionary) monetary policy tight (contractionary) monetary policy ***For both diagrams, o outline the importance of the shape of the AS curve. o be able to explain ...
chapter overview
... Concept Illustration … Types of Unemployment Imagine a fictitious country named Miniature that has a stable population of 120 people, of which 100 are in the labor force. Of these 100 people, 95 are employed and 5 are unemployed. That means Miniature’s unemployment rate is 5 percent (= 5/100). Suppo ...
... Concept Illustration … Types of Unemployment Imagine a fictitious country named Miniature that has a stable population of 120 people, of which 100 are in the labor force. Of these 100 people, 95 are employed and 5 are unemployed. That means Miniature’s unemployment rate is 5 percent (= 5/100). Suppo ...
Economic Policy Strategy and Funding Programme November 2014
... system that allows a balance of training and work Flexible regulation of telework Part-time contract: increased flexibility, allowing overtime ...
... system that allows a balance of training and work Flexible regulation of telework Part-time contract: increased flexibility, allowing overtime ...
Economic growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Of more importance is the growth of the ratio of GDP to population (GDP per capita, which is also called per capita income). An increase in growth caused by more efficient use of inputs (such as physical capital, population, or territory) is referred to as intensive growth. GDP growth caused only by increases in the amount of inputs available for use is called extensive growth.In economics, ""economic growth"" or ""economic growth theory"" typically refers to growth of potential output, i.e., production at ""full employment"". As an area of study, economic growth is generally distinguished from development economics. The former is primarily the study of how countries can advance their economies. The latter is the study of the economic development process particularly in low-income countries.Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the price of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure.