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Perspective on Low-carbon Economy Regulation and Taxation
... wait and see phase. The reason is mainly green energy-based low-carbon economy is considered too costly, immature technology, it is difficult to carry out quickly, and has long been dependent on fossil fuels, makes it difficult to change the existing pattern of development. However, as oil prices co ...
... wait and see phase. The reason is mainly green energy-based low-carbon economy is considered too costly, immature technology, it is difficult to carry out quickly, and has long been dependent on fossil fuels, makes it difficult to change the existing pattern of development. However, as oil prices co ...
Chapter 6 Economic Growth: Malthus and Solow
... 19) In the Malthusian model, state-mandated population control policies are likely to A) decrease the equilibrium size of the population and increase the equilibrium level of consumption per worker. B) decrease the equilibrium size of the population and have no effect on the equilibrium level of con ...
... 19) In the Malthusian model, state-mandated population control policies are likely to A) decrease the equilibrium size of the population and increase the equilibrium level of consumption per worker. B) decrease the equilibrium size of the population and have no effect on the equilibrium level of con ...
An Empirical Investigation of Malthusian Population Theory in Nigeria
... that increase in population leads to underdevelopment, other economists like Marx and Engels see it otherwise especially with regards to socialist and capitalist economies. Using the Vector Error Correction (VEC) Mechanism to estimate a time series covering a 31 year period of 1982 – 2012, the study ...
... that increase in population leads to underdevelopment, other economists like Marx and Engels see it otherwise especially with regards to socialist and capitalist economies. Using the Vector Error Correction (VEC) Mechanism to estimate a time series covering a 31 year period of 1982 – 2012, the study ...
2014 salary guide
... Kelly Services is a recognised provider of world-class workforce solutions, offering an array of outsourcing and consulting services as well as staffing on a temporary, contract and permanent placement basis. Kelly Services has been leading the recruitment industry for over 60 years, setting the ind ...
... Kelly Services is a recognised provider of world-class workforce solutions, offering an array of outsourcing and consulting services as well as staffing on a temporary, contract and permanent placement basis. Kelly Services has been leading the recruitment industry for over 60 years, setting the ind ...
The PIDE Research Report Series offers an up-to
... growing with average growth rate of 2.6 percent during the intercensal period 1981–1998 and by 2.3 percent since 1998, has reached to 146 million in 2002. With the addition of 3.1 million persons every year, labour force6 has grown to 40.7 million in 2002 [Pakistan (2002)]. Labour force participatio ...
... growing with average growth rate of 2.6 percent during the intercensal period 1981–1998 and by 2.3 percent since 1998, has reached to 146 million in 2002. With the addition of 3.1 million persons every year, labour force6 has grown to 40.7 million in 2002 [Pakistan (2002)]. Labour force participatio ...
Parkin-Bade Chapter 22
... A Keynesian macroeconomist believes that left alone, the economy would rarely operate at full employment and that to achieve and maintain full employment, active help from fiscal policy and monetary policy is required. The term “Keynesian” derives from the name of one of the twentieth century’s most ...
... A Keynesian macroeconomist believes that left alone, the economy would rarely operate at full employment and that to achieve and maintain full employment, active help from fiscal policy and monetary policy is required. The term “Keynesian” derives from the name of one of the twentieth century’s most ...
The big push, natural resource booms and growth
... Keywords: Growth; Natural resource booms; Big push ...
... Keywords: Growth; Natural resource booms; Big push ...
Microfoundations
... last period’s permanent income, the longrun consumption-income ratio just equals the short-run consumption-income ratio and the functions intersect. ...
... last period’s permanent income, the longrun consumption-income ratio just equals the short-run consumption-income ratio and the functions intersect. ...
Ege University
... independent financial institutions. Accordingly, the transition economies can be thought of as operating either on or within best-practice frontier; and the distance from the frontier as reflecting inefficiency. Over time, a country can become less or more efficient and “catch-up” to the frontier or ...
... independent financial institutions. Accordingly, the transition economies can be thought of as operating either on or within best-practice frontier; and the distance from the frontier as reflecting inefficiency. Over time, a country can become less or more efficient and “catch-up” to the frontier or ...
Remittances or technological diffusion: Which is more important for
... economic growth, this paper concentrates on the role of remittances in creating incentives for household savings and private sector investment. In particular, we focus on the fraction of remittances that the receiving countries use to start up businesses, invest in human capital or financial assets, ...
... economic growth, this paper concentrates on the role of remittances in creating incentives for household savings and private sector investment. In particular, we focus on the fraction of remittances that the receiving countries use to start up businesses, invest in human capital or financial assets, ...
Thailand`s investment-driven boom and crisis
... violently—real GDP declined by 1.8% in calendar 1997 and by a further 10.4% in 1998, recovering moderately to 4% growth in 1999 and 2000; the government was compelled to accept a humiliating and seemingly ill-conceived IMF bailout package; and confidence in the country’s economic institutions, inclu ...
... violently—real GDP declined by 1.8% in calendar 1997 and by a further 10.4% in 1998, recovering moderately to 4% growth in 1999 and 2000; the government was compelled to accept a humiliating and seemingly ill-conceived IMF bailout package; and confidence in the country’s economic institutions, inclu ...
Declines in the Volatility of the U. S. Economy: A Detailed Look
... Shifts in shares to services (G-S correctly dismiss this) ...
... Shifts in shares to services (G-S correctly dismiss this) ...
Real Interest Rate
... d. Total value of business inventories Some of (d.) was produced the previous year. e. Additions to business inventories This includes produced items that were not sold and all produced goods count in GDP. AD/AS (96%) 20. Under which of the following conditions would consumer spending increase? ...
... d. Total value of business inventories Some of (d.) was produced the previous year. e. Additions to business inventories This includes produced items that were not sold and all produced goods count in GDP. AD/AS (96%) 20. Under which of the following conditions would consumer spending increase? ...
View/Open
... The economic disaster of resource-abundant Sub-Saharan Africa (and to a lesser extent Latin America) is used as the prime example of the detrimental effect of natural resources can have on economic growth and development. Lane and Tornell [1995] argue that a windfall coming from a terms-of-trade imp ...
... The economic disaster of resource-abundant Sub-Saharan Africa (and to a lesser extent Latin America) is used as the prime example of the detrimental effect of natural resources can have on economic growth and development. Lane and Tornell [1995] argue that a windfall coming from a terms-of-trade imp ...
Opinion Notes Preliminary Draft OECD/ESCAP/ADB Regional Consultation
... system, provided assistance to underdeveloped villages, credit to poor farmers and cooperatives in the countryside, as well as providing various types of subsidies to the goods needed for the production process (subsidy seed, and others), as well as for basic ...
... system, provided assistance to underdeveloped villages, credit to poor farmers and cooperatives in the countryside, as well as providing various types of subsidies to the goods needed for the production process (subsidy seed, and others), as well as for basic ...
Gumbo
... Sticky Price Would the change from Demand 1 to Demand 2 in figure 8 raise or reduce the unemployment? Explain. Sticky Price Suppose that UPS and FedEx are competing in parcel delivery in the United States. Their revenue is represented in table 4 (in billion dollars) for when they either maintain the ...
... Sticky Price Would the change from Demand 1 to Demand 2 in figure 8 raise or reduce the unemployment? Explain. Sticky Price Suppose that UPS and FedEx are competing in parcel delivery in the United States. Their revenue is represented in table 4 (in billion dollars) for when they either maintain the ...
Finance and Economics Discussion Series Federal Reserve Board, Washington, D.C.
... were high. An important caveat, though, is that if households or firms are carrying a lot of debt under good economic conditions, they might be unable or unwilling to increase their indebtedness when conditions deteriorate. Indeed, Carroll and Dunn (1997) argued that precautionary motives make the s ...
... were high. An important caveat, though, is that if households or firms are carrying a lot of debt under good economic conditions, they might be unable or unwilling to increase their indebtedness when conditions deteriorate. Indeed, Carroll and Dunn (1997) argued that precautionary motives make the s ...
Aviation Economic Benefits
... A previous report by IATA 1 highlighted the significant wider economic benefits that are created through improved links to the global air transport network. Its survey of firms in five different countries showed the importance of good air transport links for a firm’s sales, efficiency and investment ...
... A previous report by IATA 1 highlighted the significant wider economic benefits that are created through improved links to the global air transport network. Its survey of firms in five different countries showed the importance of good air transport links for a firm’s sales, efficiency and investment ...
Impact of Remittances on Growth
... So, How to Fight the Crisis Simulate aggregate supply? It is a long time solutions: Simulate aggregate demand? Yes and sooner better: But How? Economic theory suggests the use of following tools: a) decrease taxes, b) increase government spending, c) use both tools together. ...
... So, How to Fight the Crisis Simulate aggregate supply? It is a long time solutions: Simulate aggregate demand? Yes and sooner better: But How? Economic theory suggests the use of following tools: a) decrease taxes, b) increase government spending, c) use both tools together. ...
Economic growth in Germany, 1500–1850
... This section describes the sources used for implementing the approach described in the previous section. Each variable is discussed in the order of appearance in equations (1) to (5). Geographical coverage of population and employment structure refers to the territory of 1871 except Alsace-Lorraine. ...
... This section describes the sources used for implementing the approach described in the previous section. Each variable is discussed in the order of appearance in equations (1) to (5). Geographical coverage of population and employment structure refers to the territory of 1871 except Alsace-Lorraine. ...
Ragnar Nurkse's balanced growth theory
The balanced growth theory is an economic theory pioneered by the economist Ragnar Nurkse (1907–1959). The theory hypothesises that the government of any underdeveloped country needs to make large investments in a number of industries simultaneously. This will enlarge the market size, increase productivity, and provide an incentive for the private sector to invest.Nurkse was in favour of attaining balanced growth in both the industrial and agricultural sectors of the economy. He recognised that the expansion and inter-sectoral balance between agriculture and manufacturing is necessary so that each of these sectors provides a market for the products of the other and in turn, supplies the necessary raw materials for the development and growth of the other.Nurkse and Paul Rosenstein-Rodan were the pioneers of balanced growth theory and much of how it is understood today dates back to their work.Nurkse's theory discusses how the poor size of the market in underdeveloped countries perpetuates its underdeveloped state. Nurkse has also clarified the various determinants of the market size and puts primary focus on productivity. According to him, if the productivity levels rise in a less developed country, its market size will expand and thus it can eventually become a developed economy. Apart from this, Nurkse has been nicknamed an export pessimist, as he feels that the finances to make investments in underdeveloped countries must arise from their own domestic territory. No importance should be given to promoting exports.