... influence economic growth? If so, how and to what extend? Who does trust others? The thesis is structured as follows: The first chapter gives an overview of the existing literature andthe current ... presidencies Furthermore, Bjørnskov points out that high trust countries like for example the Scandinavian countries andthe Netherlands have a rather peaceful political history and that their royal ... endowment The following table reports the results from the EBA It reports the upper bound, namely the highest coefficient obtained in the analysis, andthe lower bound, namely the lowest coefficient the...
... (K) and labor (L) and using different theories of theeconomicgrowth , looks at three basic links between schooling andgrowth (Hanushek and Wưßmann, 2007, p 23) One, building on the micro -economic ... industrial society With the objective of understanding the relationship between school systems andeconomic growth, this paper is organized around the hypothesis that there are four roles or ... of the nations output, andthe making of textiles and iron moved into the steam-driven factories So strange were these events that before they happened they were not anticipated, and while they...
... increase in thegrowth rate of debt servicing raises thegrowth rate of the debt stock Another important finding is that the debt service does not affect the rate of economicgrowth Levy and Chowdhury ... support and agreements -13- with the IMF The last explanatory variable is economicgrowth It is hypothesised that there is a negative relationship between economicgrowthand debt service The debt ... of the specification and for the internal consistency of the entire systemthe Likelihood Ratio (LR) test has been employed This tests whether the model is a valid reduction of thesystem The...
... between the two Q And yet your studies and those of others suggest there is no relationship between low taxes and high growth or high taxes and slower growth rates? A Yes Here, as I said, the evidence ... just the wealthy, would have less incentive to work longer hours or work harder A Sure, the higher the marginal tax rate, the lower the aftertax rewards to working more, and therefore, the theory ... Challenge/January–February 2003 The Truth About Taxes andEconomicGrowth truly affect behavior? In terms of how they affect labor supply— the hours people work the evidence suggests that the aggregate response...
... accessible legal system, the results could be spectacular, both for the public andthe profession Americans could solve many of their own legal problems Some lawyers would find a fulfilling role as their ... former legal secretaries or paralegals—will know how to prepare and file the forms correctly Unfortunately, standardized forms are still the rare exception to the rule Few courts offer them, and ... Further reform efforts have been stalled for most of this century Bar associations consolidated their hold on thelegal system, and there have been few crusaders to attack the red tape of the...
... = thegrowth rate of private The economy in steady state means the same as the economy on the BGP 24 The Environment andEconomicGrowth consumption reduces as a result of the increase in the ... (2.16) (2.17) (2.18) 14 The Environment andEconomicGrowthThe initial conditions K(0) and H(0) are given and fixed, and C(0) can be chosen freely by the economy Further, the transversality condition ... in the social optimum andthe competitive economy yields the first equation in (3.9) The second equation is obtained by setting equal thegrowth rates of C 30 The Environment andEconomic Growth...
... of the thesis * Academic and theoretical contributions On the basis of the theoretical and empirical researches, the thesis analyzes and clarifies the reality of FDI attraction andeconomicgrowth ... Investment andeconomicgrowth in Vietnam”, the thesis focuses on studying the rationale for the relation between FDI andeconomicgrowth Based on analysis of the reality of economicgrowthand FDI ... economicgrowth in Vietnam at both macroeconomic and microeconomic levels The thesis applies the VAR model to measure and analyze the relation between FDI andeconomicgrowth during the 1990-2012...
... in economicgrowth Another interesting aspect related to FDI andeconomicgrowth is the causality between these two factors It is important to determine the direction of causality between these ... helps in the comparative analysis of different degrees and patterns of the impact of FDI on economicgrowth This paper focuses on only the macroeconomic perspective of economicgrowthand its ... 100 They also perform the causality test in order to examine the direction of the causal link between FDI andeconomicgrowth Their findings suggest a causal relationship from FDI to economic growth...
... effects of land tenure security and transferability and to quantify the impact of the recent legal changes In fact, to the extent that, due to the pattern of dissemination of the law, legal knowledge ... in terms of land values (the sum of the value of owned and occupied parcels) though not as the same level of magnitude as the value of non-land assets The value of land held by the top quartile ... As there are few landless in Uganda andthe distribution of land is more equal than the overall asset distribution, the associated increase in asset values would be pro-poor in the sense that the...
... development andeconomicgrowth Journal of Development Studies 40, 142–163 Levine, R., 2005 Finance and growth: theory and evidence In: Aghion, P., Durlauf, S (Eds.), Handbook of Economic Growth, ... assets The final measure is the liquid liabilities of the financial system (henceforth, LLY) It measures the overall size of the financial system but may not accurately reflect the efficiency of the ... percentage There are 31 and 60 countries in the high-FIN and low-FIN, respectively banks to the private sector as a share of GDP The third is commercial bank assets (henceforth, CBA), defined as the...
... likely to have economic implications on inflation andeconomicgrowth in the rest of the region 10 On the other hand, there may be no or limited economic spill-overs into the rest of the SADC region ... between inflation of the largest economy in the region, South Africa, and inflation andeconomicgrowth of the other economies in the region 11 1.7 OUTLINE OF THE STUDY The rest of the study is structured ... Reneé van Eyden Department : Economics Degree : PhD (Economics) The aim of the thesis is to examine the relationship between inflation andeconomicgrowth using the Southern African Development...
... literature on government size andeconomicgrowth In fact, there is no persuasive theory of impact of government size on growth However, in the real world, both the slower economicgrowth in almost countries ... between government size andeconomicgrowth Landau (1983) uses data of 104 countries over the 1960-1977 period to examine the relationship between the average growth rate andthe average share of ... nations over the 19601985 period show that thegrowth of government size has negative effects on economicgrowthandthe magnitude of negative effects also depends on political andeconomic systems...
... Quality and Development: Is there a Kuznets Curve for Air Pollution Emissions? Journal of Environmental Economics and Management, 27, 147-162 [16] Grossman, G., & Kreuger, A., EconomicGrowthandthe ... Consumption, EconomicGrowthand FDI in the most Populous Asian Countries”, Advances in Management and Applied Economics, (2015) 1, 69 [21] Waslekar, S S., “World environmental Kuznets curve andthe global ... consumption, economicgrowthand CO2 emissions in the Middle East and North African countries”, Energy Policy, 45 (2012), 342349 [33] Papież, M., “CO2 emissions, energy consumption andeconomic growth...
... (Fukuyama, 1992) andtheeconomicgrowthand efficiency that appears to sustain it We attempt to enhance the understanding of the indirect effects that democracy has on economicgrowth Although ... Effects of Corruption and Democracy on EconomicGrowth We now turn to a discussion of corruption’s effect on economicgrowthand then explain how democracy ameliorates this effect The Ill Effects of ... including the foreign investment office, the relevant industrial ministry, the finance ministry, the executive branch of the local government, the legislative branch, the central bank, the state...
... Roubini, and P Swagel 1996 Political Instability andEconomic Growth, Journal of EconomicGrowth Alesina, A and D Rodrik 1994 Distributive Politics and Economics Growth Quarterly Journal of Economics ... augmented-neoclassical growth model format by adding the channel variables into the right-hand side of the regressions and observing their magnitude andthe significance as well as that of the democracy ... American Economic Review, 87, 178-83 Shao, J and D Tu 1995 The Jacknife andthe Bootstrap Springer-Verlag, New York Sirowy, L and A Inkeles 1990 The Effects of Democracy on EconomicGrowthand Inequality:...
... Roubini, and P Swagel 1996 Political Instability andEconomic Growth, Journal of EconomicGrowth Alesina, A and D Rodrik 1994 Distributive Politics and Economics Growth Quarterly Journal of Economics ... augmented-neoclassical growth model format by adding the channel variables into the right-hand side of the regressions and observing their magnitude andthe significance as well as that of the democracy ... American Economic Review, 87, 178-83 Shao, J and D Tu 1995 The Jacknife andthe Bootstrap Springer-Verlag, New York Sirowy, L and A Inkeles 1990 The Effects of Democracy on EconomicGrowthand Inequality:...
... (Fukuyama, 1992) andtheeconomicgrowthand efficiency that appears to sustain it We attempt to enhance the understanding of the indirect effects that democracy has on economicgrowth Although ... Effects of Corruption and Democracy on EconomicGrowth We now turn to a discussion of corruption’s effect on economicgrowthand then explain how democracy ameliorates this effect The Ill Effects of ... including the foreign investment office, the relevant industrial ministry, the finance ministry, the executive branch of the local government, the legislative branch, the central bank, the state...
... income, andthe employer pays the same amount into thesystem for each employee at the same time The US Social Security system is popular and is working The main problem is that it does not cover the ... who are not in the labor force can provide child care for their grandchildren and thereby enable the labor supply of their children and contribute to the human capital of their grandchildren Finally, ... their own work and earnings, financial support from other family members, and (particularly in the cities) pensions Given the situation on the ground in China today, andthe future aging of the...