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The main purpose of the paper is to analyze GDP PPP per capita growth rates across countries in the period 1980-2008, as well as to identify top and bottom country performers. In addition, the author verifies the statistical relationship between GDP PPP per capita and some arbitrary selected...
Persistent link: https://www.econbiz.de/10014147300
(India), I find significant negative effects of terrorism on the level of investment in long-term agricultural technology but …This paper provides evidence for a particular channel through which sustained terrorism in rural areas may affect … effects are small and insignificant for short-term investment. The presence of a major terrorist incident in a district in a …
Persistent link: https://www.econbiz.de/10009294678
between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test for the …-current account relationship, showing first the relationship between unemployment and final consumption, h) and then between final … consumption, imports and corrent account, i) we show why a stable and growing inflation differential is not sustainable, but argue …
Persistent link: https://www.econbiz.de/10011261122
multiequational model, in which we estimate a consumption function, an investment function and an unemployment rate equation, using a …In this paper we analyse the consequences of changes in the consumption patterns on unemployment through an … intermediate channel via investment. Specifically, after presenting our theoretical framework, we build a dynamic econometric …
Persistent link: https://www.econbiz.de/10011112096
model can explain the co-movement of house prices, consumption and investment much better than alternative ones. Moreover … of major macroeconomic variables. The impulse response of consumption to the house price shock estimated from Bayesian … VAR is of same level as that of investment in Hong Kong, which is distinct from the United States. Therefore, in this …
Persistent link: https://www.econbiz.de/10011113782
consumption-based. Prosperity if measured by the increased sale of consumer durables gives a partial impression of the underlying …
Persistent link: https://www.econbiz.de/10005620073
-2004 period. Real consumption and investment expenditures, as well as their broadly defined components, are examined. We also test …
Persistent link: https://www.econbiz.de/10005623388
especially the planners from the Central Planning Office argued that the only way out is by significant increase of investment … intensive, the uninterrupted growth requires permanently increasing share of investment in the National Income. The opposite … share of investment in National income is not necessary and would be in fact harmful. The further slowing down of the growth …
Persistent link: https://www.econbiz.de/10005790195
explain the co-movement of house prices, consumption, and investment better than the alternative models. …
Persistent link: https://www.econbiz.de/10009372559
the optimal portfolio as a function of the optimal consumption and show the impact of optimal consumption on the optimal …
Persistent link: https://www.econbiz.de/10008457184