... = thegrowth rate of private The economy in steady state means the same as the economy on the BGP 24 TheEnvironmentandEconomicGrowth consumption reduces as a result of the increase in the ... (2.16) (2.17) (2.18) 14 TheEnvironmentandEconomicGrowthThe 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 TheEnvironmentandEconomic Growth...
... 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...
... Cisco Public Education andEconomicGrowth Section 1—Education andEconomicGrowthThe relationship between economicgrowthand education has been one of the central threads of economic analysis Both ... (K) and labor (L) and using different theories of theeconomicgrowth , looks at three basic links between schooling andgrowth (Hanushek and Wößmann, 2007, p 23) One, building on the micro -economic ... 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 ... effects and higher growth -20- rates On the other hand, labour force is significant in the estimation Moreover, the first lag of economicgrowth is negative and significant This may be the result...
... productivity growth increased dramatically during the second half of the 1990s in the United States Despite the recession, the rate of The theoretical framework in this section andthe results for the ... terrorism, andthe threat and outbreak of war produced considerable gloom and uncertainty for the world economic outlook Notwithstanding these negative factors weighing on the economy and perceptions ... lowest level since the start of theeconomic reforms • New Zealand’s recent and current rate of GDP growth has run ahead of the world average • New Zealand has not suffered from the worldwide downturn...
... 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...
... over the time, or the expansion of economic capacity to manufacture and expand the production possibility over the time; economicgrowth is the term used to denote thegrowth in terms of the output ... Ecological environment protection 2.1.1.1 Definition of Economicgrowthand factors influencing theeconomicgrowthEconomicgrowth is defined in a variety of aspects For example, economicgrowth is the ... growthand orient theeconomicgrowth in the ecological environment protection Strategies: strategies are the specifications of the policies of incorporating economicgrowth with ecological environment...
... 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...
... for thegrowth prospects of SMEs andthe wider economy in terms of productivity, pay growth, domestic demand and overall growth Source: Economist Intelligence Unit Derailing the future of economic ... ageing of the overall workforce, has implications for thegrowth prospects of SMEs – as well as the wider economy – in terms of productivity, pay growth, domestic demand and overall growthThe implication ... could be a growth penalty’ on the UK economy, just as it is reeling from the volatility of multiple recessions and continuing economic stagnation Derailing the future of economic growth: The demographic...
... 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, ... threshold) variables and will be explained in the following section The above specification allows the effects of FDI on growth to take two different values depending on whether the level of financial ... 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...
... (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 ... Economic freedom andtheenvironment for economic growth, Journal of Theoretical and Institutional Economics, 155, 643-663 Hanke, S and S Walters 1997 Economic Freedom, Prosperity, and Equality: ... 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 ... Economic freedom andtheenvironment for economic growth, Journal of Theoretical and Institutional Economics, 155, 643-663 Hanke, S and S Walters 1997 Economic Freedom, Prosperity, and Equality: ... 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:...
... Hai_Trung-Anh strongly, and many buildings and big houses are grown up a lot.Morever, thegrowth of economy has given a lot of advantages by making people richer, healther, and freer to enjoy their lives.I...
... (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...
... 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, ... David Canning, and Günther Fink, "Population Aging andEconomic Growth" , forthcoming in Spence, Michael, and Danny Leipziger (eds.), Global Challenges and Growth, Commission on Growthand Development ... concern about their health and their financial well-being Further concern centers around the basic care and companionship that these hundreds of millions of Chinese will need – and whether families,...
... multiyear process to amend the federal rules, the ongoing activities of the Sedona Conference, the ABA, the Conference of Chief Judges, and other organizations, andthe high profile the topic has in legal ... the format for the production The requestor can specify the desired format (and if the producer objects, the judge can decide), or the parties can agree on a form But absent agreement or demand, ... it is not surprising that litigants andthe lawyers who represent them are struggling in their efforts to cope with the changes in the legal landscape due to the evolution of information technologies.2...