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Product Market Regulation and Macroeconomic
... the latter more than the former, fostering innovation. Basically, competition may stimulate innovation because entry and the threat of entry provide an incentive to innovate in order to escape competition. This effect should be stronger in industries where competition occurs between “neck-and-neck” ...
... the latter more than the former, fostering innovation. Basically, competition may stimulate innovation because entry and the threat of entry provide an incentive to innovate in order to escape competition. This effect should be stronger in industries where competition occurs between “neck-and-neck” ...
Foreign Direct Investment and Employment Creation in Pacific
... adverse effects of current account deficits. Secondly, it enabled Fiji to step up its exportrelated activities by specifically focusing on resource development, employment creation and skills development. Soon after the two military coups of 1987, Fiji, which was isolated by bilateral donors in the ...
... adverse effects of current account deficits. Secondly, it enabled Fiji to step up its exportrelated activities by specifically focusing on resource development, employment creation and skills development. Soon after the two military coups of 1987, Fiji, which was isolated by bilateral donors in the ...
NBER WORKING PAPER SERIES TAX POLICY AND INTERNATIONAL COMPETATIVENESS Lawrence H. Summers
... domestic goods factor price frontier. It is clear from Figure 1 that under our assumption that the traded good sector is more capital intensive than the non-traded goods sector, a corporate tax will lower capital intensity in both sectors and reduce the relative price of domestic goods, thereby caus ...
... domestic goods factor price frontier. It is clear from Figure 1 that under our assumption that the traded good sector is more capital intensive than the non-traded goods sector, a corporate tax will lower capital intensity in both sectors and reduce the relative price of domestic goods, thereby caus ...
S05931_en.pdf
... exchange earnings and growth. Taking a demand-oriented demand approach and assuming that demand constraints bite before the supply constraints do, exports can promote growth for three reasons: First, they are the only autonomous component of demand that is determined from outside the system. Second, ...
... exchange earnings and growth. Taking a demand-oriented demand approach and assuming that demand constraints bite before the supply constraints do, exports can promote growth for three reasons: First, they are the only autonomous component of demand that is determined from outside the system. Second, ...
Prof. Eytan Sheshinski
... The first two objectives have a normative rationale and relate to the microeconomic perspective. The first one is related to the increase in aggregate surplus by increasing output and lowering prices (allocative efficiency), as well as through a more efficient use of resources within the firm (prod ...
... The first two objectives have a normative rationale and relate to the microeconomic perspective. The first one is related to the increase in aggregate surplus by increasing output and lowering prices (allocative efficiency), as well as through a more efficient use of resources within the firm (prod ...
Economics and Political Economy
... burden increases the production costs of goods and services which increase their price in the formal market. Therefore, firms operating in developing countries like Egypt have higher incentives to engage in informal activities in order to evade taxes and to reduce production costs to be able to sell ...
... burden increases the production costs of goods and services which increase their price in the formal market. Therefore, firms operating in developing countries like Egypt have higher incentives to engage in informal activities in order to evade taxes and to reduce production costs to be able to sell ...
An Evaluation of the Competitiveness of the Productive and Non
... fiscal position and dimmed prospects for the future. However, the economy has rebounded slightly and exhibited moderate economic growth since 1999, based on an expansion in the agricultural and mining sectors, a more favorable atmosphere for business initiatives, a more realistic exchange rate, fair ...
... fiscal position and dimmed prospects for the future. However, the economy has rebounded slightly and exhibited moderate economic growth since 1999, based on an expansion in the agricultural and mining sectors, a more favorable atmosphere for business initiatives, a more realistic exchange rate, fair ...
Sum_Up
... Classical economic theory has always claimed that the economy is always at full-employment. Guarantee that, all output produced by firms will be taken up by consumers on the principles that, supply creates its own demand. In the short-run there will be temporary disequilibrium in the capital, ...
... Classical economic theory has always claimed that the economy is always at full-employment. Guarantee that, all output produced by firms will be taken up by consumers on the principles that, supply creates its own demand. In the short-run there will be temporary disequilibrium in the capital, ...
Adverse Selection, Slow Moving Capital and Misallocation
... significant fraction of new firms investments. Eisfeldt and Rampini (2007) report that the fraction of capital expenditures that are comprised of used capital varies from 10% to 30% across firm size deciles. However, the economic forces can apply more broadly. In Section 5, we show that our mechanis ...
... significant fraction of new firms investments. Eisfeldt and Rampini (2007) report that the fraction of capital expenditures that are comprised of used capital varies from 10% to 30% across firm size deciles. However, the economic forces can apply more broadly. In Section 5, we show that our mechanis ...
NBER WORKING PAPER SERIES Christopher J. Erceg Christopher Gust
... output, and real interest rates to the inflation target change, government spending, and technology shocks we consider, the size of the changes seems quite modest given the wide range of variation in the trade share examined (from 0 to 35 percent). The main implications of openness are apparent in t ...
... output, and real interest rates to the inflation target change, government spending, and technology shocks we consider, the size of the changes seems quite modest given the wide range of variation in the trade share examined (from 0 to 35 percent). The main implications of openness are apparent in t ...
Download Full Article
... India and FDI – an overview:The economic policymakers in most countries go out of their way to attract Foreign Direct Investment (FDI).There is clearly an intense global competition for FDI. India, for its part, has set up the ―India Brand Equity foundation‖ to try and attract that elusive FDI dolla ...
... India and FDI – an overview:The economic policymakers in most countries go out of their way to attract Foreign Direct Investment (FDI).There is clearly an intense global competition for FDI. India, for its part, has set up the ―India Brand Equity foundation‖ to try and attract that elusive FDI dolla ...
Econometric Evidence on the Determinants of the Mark Up
... expected that production varies, and not prices. However, given the market power of the firms, they may decide that when demand changes, price changes according to their strategy of capital accumulation in the long run. The point to highlight is that, by assumption, there will be no automatic mechan ...
... expected that production varies, and not prices. However, given the market power of the firms, they may decide that when demand changes, price changes according to their strategy of capital accumulation in the long run. The point to highlight is that, by assumption, there will be no automatic mechan ...
$doc.title
... economic policy was undisputed, but its failure to explain and solve the problems of stagnation, lagging productivity, double-digit inflation, high interest rates and depreciating currencies, led to the emergence of supply-side economics and the formulation of supply-side propositions Macroeconomic ...
... economic policy was undisputed, but its failure to explain and solve the problems of stagnation, lagging productivity, double-digit inflation, high interest rates and depreciating currencies, led to the emergence of supply-side economics and the formulation of supply-side propositions Macroeconomic ...
preparing for the eoct
... might stand in the way of performing your best. The test preparation ideas and testtaking strategies in this section are designed to help guide you to accomplish this. Be prepared. The best way to perform well on the EOCT is to be prepared. In order to do this, it is important that you know what sta ...
... might stand in the way of performing your best. The test preparation ideas and testtaking strategies in this section are designed to help guide you to accomplish this. Be prepared. The best way to perform well on the EOCT is to be prepared. In order to do this, it is important that you know what sta ...
Download: Market size and opportunity in digitising payments in
... Of the total $394 billion available for digitisation in 2020, $121 billion will come from South Asia, $158 billion from emerging markets in East Asia, $64 billion from Sub-Saharan Africa and $50 billion from Latin America and the Caribbean. Provided that most farmers will engage in both formal and i ...
... Of the total $394 billion available for digitisation in 2020, $121 billion will come from South Asia, $158 billion from emerging markets in East Asia, $64 billion from Sub-Saharan Africa and $50 billion from Latin America and the Caribbean. Provided that most farmers will engage in both formal and i ...
Strategic Economic Plan - Sustainable Development Knowledge
... the prevailing economic structure, the consulting team undertook a study of both the public and private sectors to determine the strengths, areas of concerns, potential opportunities and threats faced by the respective participants in various economic sectors. The study identified the important role ...
... the prevailing economic structure, the consulting team undertook a study of both the public and private sectors to determine the strengths, areas of concerns, potential opportunities and threats faced by the respective participants in various economic sectors. The study identified the important role ...
The Sharing Economy: Accessibility Based Business Models for
... In traditional markets, consumers buy products and gain ownership. However, through accessibility-based systems, consumers are increasingly paying for temporary accessrights to a product. Within these accessibility based business models, there is a trend towards peer-to-peer platforms that enable co ...
... In traditional markets, consumers buy products and gain ownership. However, through accessibility-based systems, consumers are increasingly paying for temporary accessrights to a product. Within these accessibility based business models, there is a trend towards peer-to-peer platforms that enable co ...
Is Uganda an emerging economy?
... Guillaumont, Guillaumont Jeanneney and Varoudakis (1999) have constructed such a composite indictor for emerging African economies based on a total of fourteen variables, namely five macroeconomic variables (inflation rate, budget deficit as a percentage of GDP, exchange rate premium in the parallel ...
... Guillaumont, Guillaumont Jeanneney and Varoudakis (1999) have constructed such a composite indictor for emerging African economies based on a total of fourteen variables, namely five macroeconomic variables (inflation rate, budget deficit as a percentage of GDP, exchange rate premium in the parallel ...
THE DUBAI LOGISTICS CLUSTER
... implemented different economic reforms to liberalize trade and investment to further reduce dependence on oil. The strategy has resulted in reducing the oil contribution to GDP to 33%, and having real estate, trade, transport and communications grow to become the country’s other main economic secto ...
... implemented different economic reforms to liberalize trade and investment to further reduce dependence on oil. The strategy has resulted in reducing the oil contribution to GDP to 33%, and having real estate, trade, transport and communications grow to become the country’s other main economic secto ...
NATIONAL BANK OF POLAND WORKING PAPER No. 152
... decreasing the disposable impact of households, in the short term due to nonzero price elasticity of demand on several goods it usually leads to temporary growth of inflation. The issue of counter-cyclical impact of taxes increase on inflation has been raised by the IMF (2010). The abovementioned fa ...
... decreasing the disposable impact of households, in the short term due to nonzero price elasticity of demand on several goods it usually leads to temporary growth of inflation. The issue of counter-cyclical impact of taxes increase on inflation has been raised by the IMF (2010). The abovementioned fa ...
Private Investment and Economic growth
... in their economy is how to achieve a large increase in output over a long period of time and improve the standard of living of their people so that there will be dramatic change in their economic, political and social conditions. To achieve this target, various tools are considered. Among these tool ...
... in their economy is how to achieve a large increase in output over a long period of time and improve the standard of living of their people so that there will be dramatic change in their economic, political and social conditions. To achieve this target, various tools are considered. Among these tool ...
Aggregate Expenditure and Equilibrium Output
... C 100 .75Y I 25 Deriving the Planned Aggregate Expenditure Schedule and Finding Equilibrium (All Figures in Billions of Dollars) The Figures in Column 2 are Based on the Equation C = 100 + .75Y. ...
... C 100 .75Y I 25 Deriving the Planned Aggregate Expenditure Schedule and Finding Equilibrium (All Figures in Billions of Dollars) The Figures in Column 2 are Based on the Equation C = 100 + .75Y. ...
NBER WORKING PAPER SERIES DO FLEXIBLE DURABLE GOODS PRICES Robert Barsky
... degree of durability and the degree of price flexibility in a sector. In particular, we ask whether sticky price models can have sectors with flexible prices and still match the main features of the data. We analyze a model with both sticky price and flexible price sectors, and with both durable and ...
... degree of durability and the degree of price flexibility in a sector. In particular, we ask whether sticky price models can have sectors with flexible prices and still match the main features of the data. We analyze a model with both sticky price and flexible price sectors, and with both durable and ...
Policy Trade-o¤s and International Spillover E¤ects at the Zero Bound Alex Haberis
... to as ‘home’) is a¤ected by the presence of the ZLB both at home and abroad (in a large economy, referred to as ‘foreign’) in a new Keynesian model along the lines of Gali and Monacelli (2005) and De Paoli (2009). In our model central banks in both countries choose their policies optimally with resp ...
... to as ‘home’) is a¤ected by the presence of the ZLB both at home and abroad (in a large economy, referred to as ‘foreign’) in a new Keynesian model along the lines of Gali and Monacelli (2005) and De Paoli (2009). In our model central banks in both countries choose their policies optimally with resp ...
Services-led Growth: The Indian Experience
... as inputs. However, since the demand for sectoral outputs in their turn are ultimately derived from the final demand for goods and services, it is necessary to consider inter-sectoral linkages while examining the determinants of output and value added of the services sector. The simplest way of ana ...
... as inputs. However, since the demand for sectoral outputs in their turn are ultimately derived from the final demand for goods and services, it is necessary to consider inter-sectoral linkages while examining the determinants of output and value added of the services sector. The simplest way of ana ...