Costly capital reallocation and the effects of government spending
... productive until one period after it is produced; in order to be shifted across sectors, used capital must spend one period being unproductive. We add a further restriction that new capital goods for a particular sector must be produced within that sector. If new capital goods could be produced by e ...
... productive until one period after it is produced; in order to be shifted across sectors, used capital must spend one period being unproductive. We add a further restriction that new capital goods for a particular sector must be produced within that sector. If new capital goods could be produced by e ...
Democracy Undermined, Economic Justice Denied
... to $15 million a year in exports, or about ten percent of total export receipts. The Misuse of Development Assistance Foreign assistance over the past several decades, rather than playing a positive role in directing productive resources to small producers, has been consistently elite oriented and u ...
... to $15 million a year in exports, or about ten percent of total export receipts. The Misuse of Development Assistance Foreign assistance over the past several decades, rather than playing a positive role in directing productive resources to small producers, has been consistently elite oriented and u ...
trends and cycles in china`s macroeconomy
... countries when the elasticity of substitution between capital and labor is greater than one. Evidence in China for such a simultaneous fall of the relative price and the labor income share is weak at best. Frictionless two-sector models of capital deepening à la Acemoglu and Guerrieri (2008) assume ...
... countries when the elasticity of substitution between capital and labor is greater than one. Evidence in China for such a simultaneous fall of the relative price and the labor income share is weak at best. Frictionless two-sector models of capital deepening à la Acemoglu and Guerrieri (2008) assume ...
Destructive competition: Oil and rent seeking in Iran
... is that resource rents tend to reduce the size of the tradeable sector of the economy. If technological progress is faster in this sector than in the nontradeable sector, these rents may harm growth. This is generally referred to as the Dutch disease. A third hypothesis is that rents from natural re ...
... is that resource rents tend to reduce the size of the tradeable sector of the economy. If technological progress is faster in this sector than in the nontradeable sector, these rents may harm growth. This is generally referred to as the Dutch disease. A third hypothesis is that rents from natural re ...
International Trade and Open-Access Renewable Resources: The
... may be welfare reducing for a small open economy with an open-access resource. In most real economies the tradeablerenewableresource sector is not large enough to have more than a modest impact on aggregateeconomic performance.There are several cases, however, where thiepossible negative effects of ...
... may be welfare reducing for a small open economy with an open-access resource. In most real economies the tradeablerenewableresource sector is not large enough to have more than a modest impact on aggregateeconomic performance.There are several cases, however, where thiepossible negative effects of ...
PDF
... was of an economy that failed to maintain monetary control, consumed beyond its means, focused production excessively on nontraded goods, and relied on inefficient and inflexible microeconomic structures. Nevertheless, Mozambique was also at war. The pace of stabilization and structural adjustment q ...
... was of an economy that failed to maintain monetary control, consumed beyond its means, focused production excessively on nontraded goods, and relied on inefficient and inflexible microeconomic structures. Nevertheless, Mozambique was also at war. The pace of stabilization and structural adjustment q ...
A Primer on Economics: `X` Marks the Spot
... may be the genetic fragments of a not quite dead Marxism or remembrances of forgotten republican roots – equality, fraternity and liberty. In a way, the Republican Revolution sought political freedom for the individual and in the process spawned the free selfregulating market as its economic corolla ...
... may be the genetic fragments of a not quite dead Marxism or remembrances of forgotten republican roots – equality, fraternity and liberty. In a way, the Republican Revolution sought political freedom for the individual and in the process spawned the free selfregulating market as its economic corolla ...
File - Ms. Perez-Family and Consumer Sciences
... List 3 advantages and 3 disadvantages of the system ...
... List 3 advantages and 3 disadvantages of the system ...
- Covenant University
... The study assessed the role of female entrepreneurs in poverty alleviation in rural communities of Akoko North –East Local Government Area of Ondo State, Nigeria. It specifically analysed the socio-economic characteristics of women entrepreneurship and assessed the contribution of female-owned busin ...
... The study assessed the role of female entrepreneurs in poverty alleviation in rural communities of Akoko North –East Local Government Area of Ondo State, Nigeria. It specifically analysed the socio-economic characteristics of women entrepreneurship and assessed the contribution of female-owned busin ...
1 - Whitman People
... would bring about a reduction in consumption. The four determinants are income, wealth, interest rates, and expectations about the future. A reduction in income will cause individuals to reduce consumption. A reduction in wealth (assets minus liabilities) will also cause a reduction in consumption. ...
... would bring about a reduction in consumption. The four determinants are income, wealth, interest rates, and expectations about the future. A reduction in income will cause individuals to reduce consumption. A reduction in wealth (assets minus liabilities) will also cause a reduction in consumption. ...
Download paper (PDF)
... 2. The model We build the analysis on a simple model of the economy which has been the workhorse in the literature on tax and tariff policy reform. The economy, endowed with a vector of fixed factors (L), is a competitive small open economy. It is assumed that there are no nontradable commodities.10 ...
... 2. The model We build the analysis on a simple model of the economy which has been the workhorse in the literature on tax and tariff policy reform. The economy, endowed with a vector of fixed factors (L), is a competitive small open economy. It is assumed that there are no nontradable commodities.10 ...
Principles of Economics, Case and Fair,9e
... CHAPTER 6 Measuring National Output and National Income © 2009 Pearson Education, Inc. Publishing as Prentice Hall ...
... CHAPTER 6 Measuring National Output and National Income © 2009 Pearson Education, Inc. Publishing as Prentice Hall ...
Principles of Economics, Case and Fair,9e
... CHAPTER 6 Measuring National Output and National Income © 2009 Pearson Education, Inc. Publishing as Prentice Hall Principles of Macroeconomics 9e by Case, Fair and Oster ...
... CHAPTER 6 Measuring National Output and National Income © 2009 Pearson Education, Inc. Publishing as Prentice Hall Principles of Macroeconomics 9e by Case, Fair and Oster ...
Outcome 7 Delivery Agreement
... out who will do what, by when and with what resources. The outputs are applicable to the entire government and are long term. While the delivery agreement mainly contains long term outputs and targets, it also includes outputs and targets achievable in the next 3 years (MTEF period). The Delivery Ag ...
... out who will do what, by when and with what resources. The outputs are applicable to the entire government and are long term. While the delivery agreement mainly contains long term outputs and targets, it also includes outputs and targets achievable in the next 3 years (MTEF period). The Delivery Ag ...
Technological Diversification No. 05‐1
... if production exhibits an extreme form of complementarity (as in Kremer (1993)’s O-ring technology). Both channels make the productivity of firms using more sophisticated technologies less volatile. The idea can be illustrated with an example from agriculture: Growing wheat with only land and labor ...
... if production exhibits an extreme form of complementarity (as in Kremer (1993)’s O-ring technology). Both channels make the productivity of firms using more sophisticated technologies less volatile. The idea can be illustrated with an example from agriculture: Growing wheat with only land and labor ...
Richard H. Clarida
... productivity and public capital is quite similar across countries. These results do not convey any information regarding causality. One plausible interpretation of our empirical finding of cointegration ...
... productivity and public capital is quite similar across countries. These results do not convey any information regarding causality. One plausible interpretation of our empirical finding of cointegration ...
Mr. Mayer AP Macroeconomics
... purchase effects that explain AD’s downward slope Δ in C, IG, G, and/or XN cause Δ in GDPR because they Δ AD. Increase in AD = AD Decrease in AD = AD ...
... purchase effects that explain AD’s downward slope Δ in C, IG, G, and/or XN cause Δ in GDPR because they Δ AD. Increase in AD = AD Decrease in AD = AD ...
Click here to add Information - Industrial Development Corporation
... • IDC develops industries through financial support to entrepreneurs wanting to take advantage of opportunities not readily supported by commercial funders and developing and funding projects where the perceived risks are too high for the private sector to invest on its own. ...
... • IDC develops industries through financial support to entrepreneurs wanting to take advantage of opportunities not readily supported by commercial funders and developing and funding projects where the perceived risks are too high for the private sector to invest on its own. ...
Chapter 19. The Goods Market in an Open Economy
... ZZ, which is above AA. The line ZZ represents the demand for domestic goods. The distance between ZZ and AA equals exports. Because exports do not depend on domestic output, the distance between ZZ and AA is constant, which is why the two lines are parallel. Because AA is flatter than DD, ZZ is also ...
... ZZ, which is above AA. The line ZZ represents the demand for domestic goods. The distance between ZZ and AA equals exports. Because exports do not depend on domestic output, the distance between ZZ and AA is constant, which is why the two lines are parallel. Because AA is flatter than DD, ZZ is also ...
PDF
... funding for agricultural sector development (Pokrivcak; Swinnen; de Gorter, 2003). In Europe, and especially in the European Union, government expenditures – and notably subsidies provided by the European Union’s Common Agricultural Policy – are a very important source of income for individual farme ...
... funding for agricultural sector development (Pokrivcak; Swinnen; de Gorter, 2003). In Europe, and especially in the European Union, government expenditures – and notably subsidies provided by the European Union’s Common Agricultural Policy – are a very important source of income for individual farme ...
A simple method to switch endogenous and exogenous
... FDI has a positive impact on local (non FDI led) activity, including local firms (except when it comes from the reduction of local subsidies). On the trade balance, the impact of FDI is generally positive, but it can increase the import of equipment goods in the short run. But when capacities bu ...
... FDI has a positive impact on local (non FDI led) activity, including local firms (except when it comes from the reduction of local subsidies). On the trade balance, the impact of FDI is generally positive, but it can increase the import of equipment goods in the short run. But when capacities bu ...
BTI 2010 | Angola Country Report
... For decades, diamonds had been the most important natural resource in colonial Angola. The exploitation of oil began near the end of colonial rule, and was fully developed after independence when it became of paramount importance in economic as well as in political terms. Shortly after independence, ...
... For decades, diamonds had been the most important natural resource in colonial Angola. The exploitation of oil began near the end of colonial rule, and was fully developed after independence when it became of paramount importance in economic as well as in political terms. Shortly after independence, ...
NBER WORKING PAPER SERIES RECIPROCATED UNILATERALISM IN TRADE POLICY: AN INTEREST-GROUP APPROACH
... on partner countries of tariff reductions that may occur in certain countries due to regime shifts involving ideological changes (the ascension of committed free-traders into political power, for instance). A third interpretation is to think of the model as studying the impact of trade policy change ...
... on partner countries of tariff reductions that may occur in certain countries due to regime shifts involving ideological changes (the ascension of committed free-traders into political power, for instance). A third interpretation is to think of the model as studying the impact of trade policy change ...
DETERMINANTS OF FOREIGN DIRECT INVESTMENT IN BANGLADESH: AN ECONOMETRIC ESTIMATION
... Khoda (2003) stated that FDI can raise domestic capital, engender employment by using underutilized labor, build up organizational formation as well as managerial standards of the host country, transfer technology, get better internal and overseas marketing network and also assist to improve the tec ...
... Khoda (2003) stated that FDI can raise domestic capital, engender employment by using underutilized labor, build up organizational formation as well as managerial standards of the host country, transfer technology, get better internal and overseas marketing network and also assist to improve the tec ...
© PG Worth Publishers, Do Not Duplicate
... hile spending on consumption goods provides utility to households today, spending on investment goods is aimed at providing a higher standard of living at a later date. Investment is the component of GDP that links the present and the future. Investment spending plays a key role not only in long-run ...
... hile spending on consumption goods provides utility to households today, spending on investment goods is aimed at providing a higher standard of living at a later date. Investment is the component of GDP that links the present and the future. Investment spending plays a key role not only in long-run ...