the impact of capital market on economic growth of nigeria

... Simon Johnson. 2007. Disease and development: The eÔect of life expectancy on economic growth, ”Journal of Political Economy 115(6): 925–985. Ahlburg, Dennis A. 1987. The impact of p opulation growth ... opulation growth on economic growth in de- veloping nations: The evidence from macroeconomic-demographic models,” in D. Gale Johnson and Ronald D. Lee (eds.), Population Growth and Economic Development: Issues ... A macroeconomic analysis,” NBER Working Paper 13707. The National Bureau of Economic Research. Du‡o, Esther. 2001. “Schooling and labor market consequences of school construction in Indonesia:...

Ngày tải lên: 31/03/2014, 05:21

... percentage of the total growth of the region. This theory recognized the fact that the spatial distribution of economic activity affects the rate of economic growth. According to the growth pole theory, ... regional economic growth theories is provided. Although there is no unified theory on economic growth, the theories in this section provide some contribution to the framework upon which the ... is often used to explain the process of growth is the growth pole theory. According to this theory regional growth occurs when concentration of economic activity leads to dynamic forces of...

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Ngày tải lên: 26/03/2015, 08:48

... capital- economic growth nexus. The impact of human capital on economic growth is incorporated within the context of economic transition. Such a contextualization places the research of growth in an appropriate ... Early Concepts of Growth Later mercantilists may be considered as founding fathers of the modern theories of growth. At the early stages of development of growth theory economists considered growth ... production facilities in Ukraine and other transition economies and by the outdated technol- ogies of production. The process of renovation itself will result in the continuation of strong economic...

Ngày tải lên: 04/06/2014, 17:42

... standards of living.” 1 Many growth models include education and offer predictions as to the implications of education policy changes on macroeconomic performance. Some empirical analyses of the growth ... model. It captures the effect of existing knowledge on the production of new knowledge. There is no constraint on the range of θ. If past knowledge offers the necessary foundation upon which to discover ... year of college. This assumption implies a linear relationship between the log of earnings and the number of years of education. 15 Second, we assume that the cost of an additional year of education...

Ngày tải lên: 17/03/2014, 08:20

... extensively for the possibility of fiscal policy affecting economic growth; (ii) the long-term (sovereign) real interest rate, capturing the impact of inflation and the effects of the fiscal-monetary ... common shocks across countries that occurred over the period of the analysis, as well as for economic and monetary regime changes, such as the creation of the monetary union and the introduction ... and economic growth. Channels of the long- term impact in The behaviour of fiscal authorities: stabilisation, growth and institutions”, edited by M. Buti, J. von Hagen and C. Martinez-Mongay....

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Ngày tải lên: 16/03/2014, 03:20

... analysis of both the economics and the sociology of the situation. The theoretical issue is often not one of economic and sociological arguments conflicting, but rather of the weakness of both ... depends on the economic and noneconomic costs of severing a long-time tie and the available social alternatives. Thus, the economic flexibility of the system depends on the social structure of the ... exploit “structural holes” in the network. 4) The Interpenetration of Economic and Non -Economic Action. Much social life revolves around a non -economic focus. Therefore, when economic and non- economic activity...

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Ngày tải lên: 09/09/2013, 23:50

... in economic growth. Furthermore, it could also be the case that the causation runs both ways and that the government starts consuming relatively more money in times of economic recession. The ... which confirms the validity of the trust question. Another study by Sapienza et al. (2007) gets to the same result under the condition that the stakes of the game are sufficiently high. By the ... tests to control for the consistency and unbiasedness of the estimators are conducted. The first regression with data only from the PWT and WVS contains the additional variables of government...

Ngày tải lên: 20/02/2014, 16:20

... relationship with economic growth. The result shows that at one period lag, the elasticity of economic growth to IRS in the long run is 0.25.This implies that the degree of responsiveness of economic ... Determinants and Impact on Economic Growth 371 Azege M. (2007), The Impact of Financial Intermediation on Economic Growth: The Nigerian Perspective”. Research Paper, Department of Economics, Lagos ... determinants of bank savings and the impact of bank credit on economic growth in Nigeria. Following the behavioral pattern of the variables of this study we adopted two impact models, error correction...

Ngày tải lên: 06/03/2014, 10:20

... effect on economic growth independent of these measures of the quality of institutions. 52 Still, the effect of educational quality on economic growth may differ depending on the economic institutions ... the relationship of education and economic growth. Research into the economics of growth has itself been a growth area, but much of the research focuses just on school attainment with no consideration ... demonstrates that consideration of the quality of education, measured by the cognitive skills learned, alters the assessment of the role of education in the process of economic development...

Ngày tải lên: 08/03/2014, 08:20

... where the growth process took place. The nanowire growth procedure consisted of three steps: the first one was the desorption of residual oxide at a substrate temperature of 850 1C, the second one ... indium distribution will then depend on whether a desorption step has been applied or not. Let us consider now the role of surface tension and surface energy of the different components of our experiment. ... spite of the preceding HF-dip. There are hints in the literature [11] that deposition of gold onto a thin layer of SiO 2 on Si(1 1 1) favors the decomposition of SiO 2 , i.e. that gold contributes...

Ngày tải lên: 16/03/2014, 15:17