The Effect of Government Purchases on Economic Growth in Japan
... argue that the expansionary effects of fiscal policy in Japan were mostly canceled out by the crowding-out effects. However, Kuttner and Posen (2001) examined the hypothesis that fiscal policy was ineffective in Japan in the decade after the bubble collapsed, using a vector autoregression approach. ...
... argue that the expansionary effects of fiscal policy in Japan were mostly canceled out by the crowding-out effects. However, Kuttner and Posen (2001) examined the hypothesis that fiscal policy was ineffective in Japan in the decade after the bubble collapsed, using a vector autoregression approach. ...
Human Capital Investment And Economic Development In Nigeria
... health to the education component. It has become conventional to discuss human capital in its narrower sense because expenditure on education and training is capable of measurement as compared to healthcare (Jhingan 2005). Healthcare shall however be included in this study. Aigbokhan et al (2007) co ...
... health to the education component. It has become conventional to discuss human capital in its narrower sense because expenditure on education and training is capable of measurement as compared to healthcare (Jhingan 2005). Healthcare shall however be included in this study. Aigbokhan et al (2007) co ...
FACTOR PRODUCTIVITY AND EFFICIENCY OF THE VIETNAMESE ECONOMY IN TRANSITION
... levels. In practice, however, such levels cannot be achieved due to various reasons, such as the inability of labourers to adapt to new technology. Therefore, in this paper, we will overcome such a problem by providing a more detailed analysis on economic growth, production efficiency and TFP growth ...
... levels. In practice, however, such levels cannot be achieved due to various reasons, such as the inability of labourers to adapt to new technology. Therefore, in this paper, we will overcome such a problem by providing a more detailed analysis on economic growth, production efficiency and TFP growth ...
The Relationship between Regional Economy Growth and Local
... From the short-term perspective, three components of fiscal expenditure are all estimated. As can be seen, the coefficient of infrastructure investment is negatively but not significantly. The investment in infrastructure cannot play a significant crowding-out effect on private capital, thereby econ ...
... From the short-term perspective, three components of fiscal expenditure are all estimated. As can be seen, the coefficient of infrastructure investment is negatively but not significantly. The investment in infrastructure cannot play a significant crowding-out effect on private capital, thereby econ ...
Full Issue - Expert Journal of Economics
... - What are the perils of falling inflations for certain economies? - What economies will grow and which ones will experience another recession? - How many payroll jobs will be added in certain countries? - What will happen with house prices? - What will happen in Europe and what will be the repercus ...
... - What are the perils of falling inflations for certain economies? - What economies will grow and which ones will experience another recession? - How many payroll jobs will be added in certain countries? - What will happen with house prices? - What will happen in Europe and what will be the repercus ...
Lecture 2a - The Economics Network
... If region has a persistent BOT deficit this must be paid for by one or a combination of the following: Net income transfer into the region by Govt. Residents running down savings. Borrowing from the banking system Selling assets to residents in other regions Long or short-term inward investment to r ...
... If region has a persistent BOT deficit this must be paid for by one or a combination of the following: Net income transfer into the region by Govt. Residents running down savings. Borrowing from the banking system Selling assets to residents in other regions Long or short-term inward investment to r ...
Multipliers and output models in regional economics
... If region has a persistent BOT deficit this must be paid for by one or a combination of the following: Net income transfer into the region by Govt. Residents running down savings. Borrowing from the banking system Selling assets to residents in other regions Long or short-term inward investment to r ...
... If region has a persistent BOT deficit this must be paid for by one or a combination of the following: Net income transfer into the region by Govt. Residents running down savings. Borrowing from the banking system Selling assets to residents in other regions Long or short-term inward investment to r ...
Management & Engineering Model of Assessment
... development and stability, technical and management level and efficiency of administrative agencies are classified as “soft” climate. Mineral resources investment climate has its characteristics. First, mineral resources investment climate is objectivity. Mining investors attach great importance to ...
... development and stability, technical and management level and efficiency of administrative agencies are classified as “soft” climate. Mineral resources investment climate has its characteristics. First, mineral resources investment climate is objectivity. Mining investors attach great importance to ...
Global economic conditions survey report: Q1, 2016
... were less optimistic about their prospects than at any other time in the past four years. Almost half of the firms surveyed said that they were more pessimistic about their prospects than they were three months earlier. Less than onequarter had become more optimistic. • More than half of firms are ...
... were less optimistic about their prospects than at any other time in the past four years. Almost half of the firms surveyed said that they were more pessimistic about their prospects than they were three months earlier. Less than onequarter had become more optimistic. • More than half of firms are ...
Formal and informal economies
... demographic shift. By 2010, the total rural population in the world will—according to the United Nations—reach its peak at 3.1 billion and thereafter begin to decline. By 2030, global urban populations will be twice the size of rural populations, and cities will have grown by 160% over the period. A ...
... demographic shift. By 2010, the total rural population in the world will—according to the United Nations—reach its peak at 3.1 billion and thereafter begin to decline. By 2030, global urban populations will be twice the size of rural populations, and cities will have grown by 160% over the period. A ...
Economics - SS1111 Unit Topic Lesson Objectives Explain why
... Identify some important steps in moving from a centrally planned economy toward a free market economy. Describe the political and economic changes that have taken place in Russia in recent decades. Describe the actions that China's communist government has taken to introduce free market reforms to C ...
... Identify some important steps in moving from a centrally planned economy toward a free market economy. Describe the political and economic changes that have taken place in Russia in recent decades. Describe the actions that China's communist government has taken to introduce free market reforms to C ...
Chapter 11: General Equilibrium and the Efficiency of
... • Public goods, or social goods are goods and services that bestow collective benefits on members of society. • Generally, no one can be excluded from ...
... • Public goods, or social goods are goods and services that bestow collective benefits on members of society. • Generally, no one can be excluded from ...
NBER WORKING PAPER SERIES AN ALTERNATIVE INTERPRETATION OF THE ‘RESOURCE CURSE’:
... The existence of a natural resource curse has been a longstanding theme in the economic literature and in policy discussions. We propose an alternative mechanism and study its policy implications. The mechanism is based on the interaction between two building blocks: specialization in non-tradables ...
... The existence of a natural resource curse has been a longstanding theme in the economic literature and in policy discussions. We propose an alternative mechanism and study its policy implications. The mechanism is based on the interaction between two building blocks: specialization in non-tradables ...
The New Cambridge School - Cambridge Political Economy Society
... Cambridge emphasis on empirical grounding also led them to call into question the prevailing axiomatic-deductive methodology in macroeconomics and to challenge the nature of economic theorizing itself by contrasting economics as logic, where theories are derived from axiomatic postulates and assumpt ...
... Cambridge emphasis on empirical grounding also led them to call into question the prevailing axiomatic-deductive methodology in macroeconomics and to challenge the nature of economic theorizing itself by contrasting economics as logic, where theories are derived from axiomatic postulates and assumpt ...
The archipelago economy: Unleashing Indonesia`s
... mid-sized middleweight cities with more than two million inhabitants (excluding Jakarta), which have posted annual average growth of 6.4 percent since 2002, compared with Jakarta’s 5.8 percent. These cities include Medan, Bandung, and Surabaya as well as parts of Greater Jakarta such as Bogor, Tange ...
... mid-sized middleweight cities with more than two million inhabitants (excluding Jakarta), which have posted annual average growth of 6.4 percent since 2002, compared with Jakarta’s 5.8 percent. These cities include Medan, Bandung, and Surabaya as well as parts of Greater Jakarta such as Bogor, Tange ...
Validity of the economic thoughts of Keynes and Marx for the 21st
... economy, repeatedly shake as the Dow Jones Index goes up and down. For them, the question of opening foreign markets becomes an especially relevant issue to keep the Dow up. And Keynes heavily emphasized the relevance of foreign markets for an “old” country economic survival. M. Porter’s book (Porte ...
... economy, repeatedly shake as the Dow Jones Index goes up and down. For them, the question of opening foreign markets becomes an especially relevant issue to keep the Dow up. And Keynes heavily emphasized the relevance of foreign markets for an “old” country economic survival. M. Porter’s book (Porte ...
Economics of Ideas
... What data do we have on ideas? It is not easy to measure the inputs to the production function and also outputs of the production function (the ideas themselves). R&D should be an important input Patent counts may produce a measure of ideas produced Drawback: many ideas are not patented (Coca-Co ...
... What data do we have on ideas? It is not easy to measure the inputs to the production function and also outputs of the production function (the ideas themselves). R&D should be an important input Patent counts may produce a measure of ideas produced Drawback: many ideas are not patented (Coca-Co ...
The Construction of a Resource-saving Society in Hubei Based on
... The above calculation shows that 2000---2007 per capita ecological footprint in Hubei Province raised. It rose to 1.877 hm2 from 2.191 hm2. Its growth rate was 17%.In 2007 Hubei ecological footprint and ecological carrying capacity ratio was 7.06 and ecological deficit was up to 1.779 hm2.. On the u ...
... The above calculation shows that 2000---2007 per capita ecological footprint in Hubei Province raised. It rose to 1.877 hm2 from 2.191 hm2. Its growth rate was 17%.In 2007 Hubei ecological footprint and ecological carrying capacity ratio was 7.06 and ecological deficit was up to 1.779 hm2.. On the u ...
Cambridge History of Science Morgan Ch 16
... of nineteenth-century economics, when the extent of such technologies of representation, analysis, and intervention were extremely limited. The engineering metaphor also suggests that twentieth-century economics is best characterized as a science of applications and implies a technical art, one that ...
... of nineteenth-century economics, when the extent of such technologies of representation, analysis, and intervention were extremely limited. The engineering metaphor also suggests that twentieth-century economics is best characterized as a science of applications and implies a technical art, one that ...