STRUCTURAL DYNAMICS AND ECONOMIC GROWTH IN
... economy as an "inflating balloon", in which added factors of production and steady flows of technological change smoothly increase aggregate GDP, may be a useful metaphor for some purposes, but it ends up overlooking some of the most essential elements of economic development (and technical change) ...
... economy as an "inflating balloon", in which added factors of production and steady flows of technological change smoothly increase aggregate GDP, may be a useful metaphor for some purposes, but it ends up overlooking some of the most essential elements of economic development (and technical change) ...
Determinants of International Capital Flows:The Case of Malaysia:
... The capital inflows to Malaysia increase from USD742.34 millions in 1975 to its peak of USD17,188.95 millions in 2004. Malaysia policy towards attracting inflow of capital into the country is considered to be very facilitating and it covers a wide range of strategies (Shazali and Alias 2002). Apart ...
... The capital inflows to Malaysia increase from USD742.34 millions in 1975 to its peak of USD17,188.95 millions in 2004. Malaysia policy towards attracting inflow of capital into the country is considered to be very facilitating and it covers a wide range of strategies (Shazali and Alias 2002). Apart ...
Effects of foreign direct investment on economic growth in Colombia
... industrial development has not increased as expected. Thus, much of the evidence of the participation of FDI in the economic growth of the country has led to ambiguities arising as regards the causality and magnitude of this relationship. With the aim of contributing to the analysis of the implicati ...
... industrial development has not increased as expected. Thus, much of the evidence of the participation of FDI in the economic growth of the country has led to ambiguities arising as regards the causality and magnitude of this relationship. With the aim of contributing to the analysis of the implicati ...
CHAPTER 1 TOWARD ENDOGENOUS ECONOMIC GROWTH
... “…the human species would increase (if unchecked) as the numbers 1, 2, 4, 8, 16, 32, 64, 128, 256, and subsistence as 1, 2, 3, 4, 5, 6, 7, 8, 9. [This would mean that] in two centuries the population would be to the means of subsistence as 256 to 9; in three centuries as 4096 to 13, and in two thous ...
... “…the human species would increase (if unchecked) as the numbers 1, 2, 4, 8, 16, 32, 64, 128, 256, and subsistence as 1, 2, 3, 4, 5, 6, 7, 8, 9. [This would mean that] in two centuries the population would be to the means of subsistence as 256 to 9; in three centuries as 4096 to 13, and in two thous ...
The Capital-Using Economy - The University of Texas at Dallas
... created. A series of activities must occur in a specific context and sequence, in order for the production project to be successful. Carl Menger (1871) spoke of higher-order (intermediate) goods used in the service of producing first-order (consumer) goods. Böhm-Bawerk (1959) has a similar image of ...
... created. A series of activities must occur in a specific context and sequence, in order for the production project to be successful. Carl Menger (1871) spoke of higher-order (intermediate) goods used in the service of producing first-order (consumer) goods. Böhm-Bawerk (1959) has a similar image of ...
Pattern and Sustainability of China`s Economic Growth
... There has been an increasing rate of capital formation in the past, resulting from high savings and massive capital inflow. The average rate of capital formation rose from 35.2% of GDP in the 1980s to 40.2% in 2001-2005. Our calculated growth rate of fixed capital stock was 9.2% in average for the p ...
... There has been an increasing rate of capital formation in the past, resulting from high savings and massive capital inflow. The average rate of capital formation rose from 35.2% of GDP in the 1980s to 40.2% in 2001-2005. Our calculated growth rate of fixed capital stock was 9.2% in average for the p ...
Increasing Returns, Decreasing Returns and Regional Economic
... the concentration of economic activities in the area, the higher the profits for each single firm. The long-run equilibrium is determined by two forces: agglomeration economies boost divergence and high trasportation costs promote spreading. Given an initial even distribution of economic activities a ...
... the concentration of economic activities in the area, the higher the profits for each single firm. The long-run equilibrium is determined by two forces: agglomeration economies boost divergence and high trasportation costs promote spreading. Given an initial even distribution of economic activities a ...
(I):
... rate is positive, the increasing returns to scale models (a+fl>l) run into that satisfies the key equality. What happens trouble since there is no in this circumstances is that the growth rate is never constant but, rather, it increases over time. ...
... rate is positive, the increasing returns to scale models (a+fl>l) run into that satisfies the key equality. What happens trouble since there is no in this circumstances is that the growth rate is never constant but, rather, it increases over time. ...
MODEL INVESTASI ISLAMI
... The numerator of Tobin’s q is the value of the economy’s capital as determined by the stock market. The denominator is the price of capital as if it were purchased today. Tobin conveyed that net investment should depend on whether q is greater or less than 1. If q >1, then firms can raise the value ...
... The numerator of Tobin’s q is the value of the economy’s capital as determined by the stock market. The denominator is the price of capital as if it were purchased today. Tobin conveyed that net investment should depend on whether q is greater or less than 1. If q >1, then firms can raise the value ...
Issue Brief A snapshot of illicit financial flows from eight developing
... refers to capital flight as the unrecorded movement of funds between a country and the rest of the world (World Bank 1985). It involves resources which have entered or ought to have entered the country as a result of trade and financial transactions between residents and foreign counterparts which c ...
... refers to capital flight as the unrecorded movement of funds between a country and the rest of the world (World Bank 1985). It involves resources which have entered or ought to have entered the country as a result of trade and financial transactions between residents and foreign counterparts which c ...
![Nova Layout [7x10]](http://s1.studyres.com/store/data/016854499_1-1f5fdffa12c12e6788d425310a08890d-300x300.png)
Nova Layout [7x10]
... policy (such as expenses on R+D and/or human capital investment) could have important effects on income inequality, although their direction is not clear. On the one hand, these policies will reduce income inequality by allowing more individuals access to new general knowledge, but at the same time, ...
... policy (such as expenses on R+D and/or human capital investment) could have important effects on income inequality, although their direction is not clear. On the one hand, these policies will reduce income inequality by allowing more individuals access to new general knowledge, but at the same time, ...
review of the literature
... of technological change, which is assumed to be exogenous. - economic policy changes will only have a temporary effect on economic activity - convergence of per capita output across countries with a similar productivity level, savings rate, depreciation rate, productivity growth and population growt ...
... of technological change, which is assumed to be exogenous. - economic policy changes will only have a temporary effect on economic activity - convergence of per capita output across countries with a similar productivity level, savings rate, depreciation rate, productivity growth and population growt ...
Accounting for asymmetric growth effect of capital flows in a model
... emerging economies that liberalized capital accounts in the early 1990s were the darlings of international investors. The fast and stable economic expansion during that time was often claimed to be the outcome of capital account liberalization. As the crisis unfolded and capital flows suddenly rever ...
... emerging economies that liberalized capital accounts in the early 1990s were the darlings of international investors. The fast and stable economic expansion during that time was often claimed to be the outcome of capital account liberalization. As the crisis unfolded and capital flows suddenly rever ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... 5.6%, respectively, for the period 1995 to 2002. It is therefore important to establish the relationship between human capital and economic growth and to ascertain the extent to which the investment in education impacts on economic growth in Mozambique. This information is crucial in designing educa ...
... 5.6%, respectively, for the period 1995 to 2002. It is therefore important to establish the relationship between human capital and economic growth and to ascertain the extent to which the investment in education impacts on economic growth in Mozambique. This information is crucial in designing educa ...
Total Factor Productivity Growth in the G7 Countries: Different or Alike?
... if there is a gradual technological progress potentially available for all, the international production frontier expands in time in some way. We simply assume that the technological progress evolves according to a linear trend during each period considered.1 This implicitly assumes that there is a ...
... if there is a gradual technological progress potentially available for all, the international production frontier expands in time in some way. We simply assume that the technological progress evolves according to a linear trend during each period considered.1 This implicitly assumes that there is a ...
Financial Development, Economic Growth and Collateral Effect of Capital Account Liberalization
... whether different status of liberalization results in varying importance of financial development to economic growth. We find that the less open economies gain more than their more liberalized neighbors, once the financial development takes place. Thus the paper provides a new perspective on investi ...
... whether different status of liberalization results in varying importance of financial development to economic growth. We find that the less open economies gain more than their more liberalized neighbors, once the financial development takes place. Thus the paper provides a new perspective on investi ...
Social Factors and Productivity Growth in Canada and the United... Abstract Carolyn Mac Leod and Jianmin Tang
... organizations and engage in complex business relationships, social capital was strong. It had to be that the norms and customs of these societies were solid if people, not binded by family or friendship, could trust each other to such a degree. Economists are slowly appealing to these ideas in the s ...
... organizations and engage in complex business relationships, social capital was strong. It had to be that the norms and customs of these societies were solid if people, not binded by family or friendship, could trust each other to such a degree. Economists are slowly appealing to these ideas in the s ...
Will China and India conquer the world? Essay: We
... world, has been fuelled to a great extent by dramatic increases in trade. While Europe, America and even to some extent Japan, could follow England down the path of industrialisation by initially relying on the purchasing power of their own domestic populations, this option to a large extent has not ...
... world, has been fuelled to a great extent by dramatic increases in trade. While Europe, America and even to some extent Japan, could follow England down the path of industrialisation by initially relying on the purchasing power of their own domestic populations, this option to a large extent has not ...
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... Japan.1 The phenomenon, however, is confined neither to the West, nor to rich countries. For example, the newly industrialized countries of Southeast Asia, which have relatively low initial dependency ratios, face a 128 percent increase in their average level of dependency. The strain this transitio ...
... Japan.1 The phenomenon, however, is confined neither to the West, nor to rich countries. For example, the newly industrialized countries of Southeast Asia, which have relatively low initial dependency ratios, face a 128 percent increase in their average level of dependency. The strain this transitio ...
Foreign Direct Investment, Human Capital and Economic Growth in
... Findlay (1978) found that FDI increases technical progress in the host country in the form of offering advanced technologies, styles of management practices and marketing, accounting approaches and other areas related to corporate development of local firms. Similarly, Romer (1993) stressed that FDI ...
... Findlay (1978) found that FDI increases technical progress in the host country in the form of offering advanced technologies, styles of management practices and marketing, accounting approaches and other areas related to corporate development of local firms. Similarly, Romer (1993) stressed that FDI ...
labor supply, biased technological change and economic growth
... independent of the producers’ decisions. In our model, any technology can be obtained paying a cost and if the amount of assets is high enough to make technological changes profitable then there exists a positive relation between the amount of assets and the capital intensity of the technology. The ...
... independent of the producers’ decisions. In our model, any technology can be obtained paying a cost and if the amount of assets is high enough to make technological changes profitable then there exists a positive relation between the amount of assets and the capital intensity of the technology. The ...
Mankiw 6e PowerPoints
... To determine causation, Frankel and Romer exploit geographic differences among countries: Some nations trade less because they are farther from other nations, or landlocked. Such geographical differences are correlated with trade but not with other determinants of income. Hence, they can be ...
... To determine causation, Frankel and Romer exploit geographic differences among countries: Some nations trade less because they are farther from other nations, or landlocked. Such geographical differences are correlated with trade but not with other determinants of income. Hence, they can be ...
Chapter 3 What Matters for Development—Freedom or Entitlement? by Jean-Pierre Chauffour
... The distinction between positive and negative rights is controversial and at the core of differing interpretations about human rights. Negative rights conceive of human rights in terms of liberties and “freedoms from.” They derive primarily from seventeenth- and eighteenth-century reformist theories ...
... The distinction between positive and negative rights is controversial and at the core of differing interpretations about human rights. Negative rights conceive of human rights in terms of liberties and “freedoms from.” They derive primarily from seventeenth- and eighteenth-century reformist theories ...
Ch 10 ppt - New Caney ISD
... development that has transformed Gabon’s major port city—and the economy of the country as a whole. Oil now accounts for 80 percent of Gabon’s export earnings, and that figure is climbing as oil prices rise and new discoveries are made. But how much the average citizen of Gabon is benefiting from th ...
... development that has transformed Gabon’s major port city—and the economy of the country as a whole. Oil now accounts for 80 percent of Gabon’s export earnings, and that figure is climbing as oil prices rise and new discoveries are made. But how much the average citizen of Gabon is benefiting from th ...
Chapter 10: Development
... development that has transformed Gabon’s major port city—and the economy of the country as a whole. Oil now accounts for 80 percent of Gabon’s export earnings, and that figure is climbing as oil prices rise and new discoveries are made. But how much the average citizen of Gabon is benefiting from th ...
... development that has transformed Gabon’s major port city—and the economy of the country as a whole. Oil now accounts for 80 percent of Gabon’s export earnings, and that figure is climbing as oil prices rise and new discoveries are made. But how much the average citizen of Gabon is benefiting from th ...
Uneven and combined development
Uneven and combined development (or unequal and combined development) is a Marxist concept to describe the overall dynamics of human history. It was originally used by the Russian revolutionary Leon Trotsky around the turn of the 20th century, when he was analyzing the developmental possibilities that existed for the economy and civilization in the Russian empire, and the likely future of the Tsarist regime in Russia. It was the basis of his political strategy of permanent revolution, which implied a rejection of the idea that a human society inevitably developed through a uni-linear sequence of necessary ""stages"". Trotsky's ideas matured under the influence of Georg Vollmar's study of a possibility of socialism in one country, as well as John Hobson, Rudolf Hilferding and Vladimir Lenin's studies of imperialism. Also before Trotsky, Nikolay Chernyshevsky and Vasily Vorontsov proposed a similar idea. The concept is still used today by Trotskyists and other Marxists concerned with world politics.