Quantifying Australias Three Speed Boom
... bauxite discoveries. The global and domestic backdrop was one of strong activity with rising relative prices of commodities. The capital intensity of mining activity was much higher than in previous booms, due to technological improvements and capital market development, leading to a significant ris ...
... bauxite discoveries. The global and domestic backdrop was one of strong activity with rising relative prices of commodities. The capital intensity of mining activity was much higher than in previous booms, due to technological improvements and capital market development, leading to a significant ris ...
Economic growth, employment, and poverty reduction linkages: The
... a necessary condition that brings about an increase in income, which, in turn, pushes people out of poverty. In a celebrated study, Dollar and Kraay (2002) argue that “Growth is Good for the Poor” because when they tried to find a statistical association between the growth of average income of the t ...
... a necessary condition that brings about an increase in income, which, in turn, pushes people out of poverty. In a celebrated study, Dollar and Kraay (2002) argue that “Growth is Good for the Poor” because when they tried to find a statistical association between the growth of average income of the t ...
Institutional Persistence or Reform
... explanation for the occurrence of political instability and slow democratic progress in some transition countries. Our study yields implications about the long-term consequences of the “colored revolutions”, i.e. the waves of public protest during the last decade in some postcommunist countries. Gre ...
... explanation for the occurrence of political instability and slow democratic progress in some transition countries. Our study yields implications about the long-term consequences of the “colored revolutions”, i.e. the waves of public protest during the last decade in some postcommunist countries. Gre ...
HKUMacroch02_5e
... The approach used by economists to adjust for improvements is to look at the market for computers and how it values computers with different characteristics in a given year. This approach, which treats goods as providing a collection of characteristics— here speed, memory, and so on—each with an ...
... The approach used by economists to adjust for improvements is to look at the market for computers and how it values computers with different characteristics in a given year. This approach, which treats goods as providing a collection of characteristics— here speed, memory, and so on—each with an ...
Executive summary - independent.gov.uk
... March 2015 Economic and fiscal outlook – Executive summary ...
... March 2015 Economic and fiscal outlook – Executive summary ...
Determinants of International Capital Flows:The Case of Malaysia:
... the push factors in influencing capital flows to emerging markets in the 1990s. The results confirm that the net private capital flows to emerging countries seems to support the expected outcome, when it relates positively with the inflows of capital into emerging markets. In terms of pull factors, ...
... the push factors in influencing capital flows to emerging markets in the 1990s. The results confirm that the net private capital flows to emerging countries seems to support the expected outcome, when it relates positively with the inflows of capital into emerging markets. In terms of pull factors, ...
mmi12-DeNicolo 17765236 en
... Bisias et al. (2012) provide an extensive survey of the models currently available to measure and track indicators of systemic financial risk. However, three limitations of current modeling emerge from this survey. First, almost all proposed measures focus on (segments of) the financial sector, with ...
... Bisias et al. (2012) provide an extensive survey of the models currently available to measure and track indicators of systemic financial risk. However, three limitations of current modeling emerge from this survey. First, almost all proposed measures focus on (segments of) the financial sector, with ...
Economic Forecasting in the Great Recession
... These results for both the private and Fed forecasts are consistent with the findings (stylized facts) of Fildes and Stekler (2002) that forecasters are successful in distinguishing periods of rapid growth from slowdowns and declines, but don’t predict turning points. Thus, these forecasts, made du ...
... These results for both the private and Fed forecasts are consistent with the findings (stylized facts) of Fildes and Stekler (2002) that forecasters are successful in distinguishing periods of rapid growth from slowdowns and declines, but don’t predict turning points. Thus, these forecasts, made du ...
NBER WORKING PAPER SERIES INCENTIVES AND OUTCOMES: CHINA’S ENVIRONMENTAL POLICY Jing Wu
... record. Using 2000-2009 data, we find that, while spending on environmental infrastructure has visible positive environmental impact, city spending is strongly tilted towards transportation infrastructure. Investment in transportation infrastructure correlates strongly with both real GDP growth, a m ...
... record. Using 2000-2009 data, we find that, while spending on environmental infrastructure has visible positive environmental impact, city spending is strongly tilted towards transportation infrastructure. Investment in transportation infrastructure correlates strongly with both real GDP growth, a m ...
Sources Latin America
... example population censuses and labour force surveys) or establishment surveys (such as production censuses or employment surveys).3 Unfortunately, only a few countries in the world have reconciled the figures from the different sources and generally, differences exist, which can be large both in t ...
... example population censuses and labour force surveys) or establishment surveys (such as production censuses or employment surveys).3 Unfortunately, only a few countries in the world have reconciled the figures from the different sources and generally, differences exist, which can be large both in t ...
The impact of international capital flows on the South Africa
... key to explaining financial crises in all these countries despite these different absorption methods. Foreign direct investment is an important element of the South African government’s economic policy. They seem to believe that their chances of attracting foreign direct investment and more access t ...
... key to explaining financial crises in all these countries despite these different absorption methods. Foreign direct investment is an important element of the South African government’s economic policy. They seem to believe that their chances of attracting foreign direct investment and more access t ...
a window of opportunity for europe
... has a solid platform for renewal. It has made progress in narrowing imbalances in its economies’ current accounts and unit labour costs. It is home to several of the world’s most competitive economies. And Europeans want more. According to a new MGI survey and conjoint analysis of 16,000 Europeans i ...
... has a solid platform for renewal. It has made progress in narrowing imbalances in its economies’ current accounts and unit labour costs. It is home to several of the world’s most competitive economies. And Europeans want more. According to a new MGI survey and conjoint analysis of 16,000 Europeans i ...
Intelligence and the Wealth and Poverty of Nations
... National wealth is measured by per capita national income. Strictly speaking, national wealth and national per capita income are different concepts because national wealth consists of the value of capital stock, whereas income is income, so we use the term national wealth in the general sense in whi ...
... National wealth is measured by per capita national income. Strictly speaking, national wealth and national per capita income are different concepts because national wealth consists of the value of capital stock, whereas income is income, so we use the term national wealth in the general sense in whi ...
QA F582 National Economy
... Real disposable income It is the major determinant of the level of consumption. An increase in disposable income increases consumption. The average propensity to consume (apc). The lower the value of the apc, the lower the amount of consumption for a given level of income Interest rates affect ...
... Real disposable income It is the major determinant of the level of consumption. An increase in disposable income increases consumption. The average propensity to consume (apc). The lower the value of the apc, the lower the amount of consumption for a given level of income Interest rates affect ...
The labyrinth: how can Latin America and the Caribbean navigate
... is imperfect information on actual currency mismatches. Chapter 5 also includes an analysis of monetary policy arguing that the trade-offs have become harsher. In the past, the larger economies have used the exchange rate to react to negative shocks. However, with inflation close to or above targets ...
... is imperfect information on actual currency mismatches. Chapter 5 also includes an analysis of monetary policy arguing that the trade-offs have become harsher. In the past, the larger economies have used the exchange rate to react to negative shocks. However, with inflation close to or above targets ...
EN EN TABLE OF CONTENTS Executive Summary i Chapter 1
... 2.1. Employment rates declined rapidly in the regions most affected the crisis ................................................................................................................. 73 2.2. Unemployment highest in the EU in over a decade ........................................ 76 2.3. Wo ...
... 2.1. Employment rates declined rapidly in the regions most affected the crisis ................................................................................................................. 73 2.2. Unemployment highest in the EU in over a decade ........................................ 76 2.3. Wo ...
NBER WORKING PAPER SERIES PUTTING THE LID ON LOBBYING:
... the tariff structure. We find that average tariffs are uncorrelated with long-term industry output growth: countries with lower average tariffs do not grow faster. In contrast, the skill-bias of the tariff structure is highly significant both economically and statistically: countries with relatively ...
... the tariff structure. We find that average tariffs are uncorrelated with long-term industry output growth: countries with lower average tariffs do not grow faster. In contrast, the skill-bias of the tariff structure is highly significant both economically and statistically: countries with relatively ...
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.