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world economy through the pulling the barrier of trade and greater mobility of factors of production. In addition the … heterogeneity in the degree of globalization over time and across countries and regions of the World, as well as within countries …
Persistent link: https://www.econbiz.de/10010267513
combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed … components of the conventional Malmquist-Luenberger productivity index and the proposed index are different, the developments of …
Persistent link: https://www.econbiz.de/10010271226
consider a simple model in which the technology shifters are aggregated into one single index. The empirical model uses panel …
Persistent link: https://www.econbiz.de/10010280731
world system to 'deliver' a given amount of democracy, economic growth, gender equality, human development, research and … capita on these six dimensions of development and their combined performance index. The residuals from these regressions are … indicators, derived from sociological dependency and world systems theories, we also test the predictive power of several other …
Persistent link: https://www.econbiz.de/10010282204
technology index based on the external economic factors which are indicators of 'technology'. Thus our definition of production …
Persistent link: https://www.econbiz.de/10010269407
combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed … components of the conventional Malmquist-Luenberger productivity index and the proposed index are different, the developments of …
Persistent link: https://www.econbiz.de/10004999166
. The World Values Survey provided a data framework of global value change, whose quantitative results led Barro (2004) to … is whether modernization without spiritual values in a globalized world economy and world society possible in the long … current world crisis is far more connected with these dimensions. We conclude that not a society based on fear is needed in …
Persistent link: https://www.econbiz.de/10010271305
This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is potentially related to all other micro units, and where micro innovations are allowed to be cross sectionally dependent. Following Pesaran (2003), an optimal aggregate function is...
Persistent link: https://www.econbiz.de/10010285520
The paper surveys the methodology of generational accounting, a tool for gauging intertemporal imbalance in government finances facing demographic transition. Starting from the fiscal balance rule providing the theoretical background, we review the methods of generational accountants for...
Persistent link: https://www.econbiz.de/10010261763
This paper presents the econometric approach to causal modeling. It is motivated by policy problems. New causal parameters are defined and identified to address specific policy problems. Economists embrace a scientific approach to causality and model the preferences and choices of agents to...
Persistent link: https://www.econbiz.de/10010274247