Showing 1 - 10 of 1,903
This paper aims to investigate the relationship between physical infrastructure and economic development of Pakistan. A … development, employed labour force, gross private fixed capital formation and physical infrastructure. The variables of employed … composite index of physical infrastructure has been constructed through Principal Component Analysis. This has been done by …
Persistent link: https://www.econbiz.de/10011107814
This paper uses time-series data from nineteen Latin American countries and the U.S. to test for income convergence using two existing definitions of convergence and a new testable definition of β-convergence. Only Dominican Republic and Paraguay were found to pair-wise converge according to...
Persistent link: https://www.econbiz.de/10009493290
In the growth literature, there is a nonlinear relationship between economic growth and government size, which is similar to an inverted U-shaped curve. This curve can be used to determine the optimum share of government expenditures. This paper, using threshold panel approach, attempts to...
Persistent link: https://www.econbiz.de/10011109576
This paper takes into account recent advances in econometric techniques and examines Wagner’s Law of long-run relationship between public expenditure and GDP for the Turkish case over the period of 1965-2000. The relationship is supposed public expenditure to be an outcome, not cause, of...
Persistent link: https://www.econbiz.de/10005619513
development gap between the two regions. Using a series of numerical decompositions, this article documents three facts about this … gap. First, differences in welfare-adjusted development are larger than those predicted by per-capita GDP. Second …, differences in labor productivity account for most of the differences in both production and welfare-adjusted development. Third …
Persistent link: https://www.econbiz.de/10011195665
This paper pulls together into one practical model two strands of economic theory to assess the impact of baseball player exports on the aggregate economic performance of the Dominican Republic. On one hand, foreign trade theory predicts a strong correlation between a country’s exports and...
Persistent link: https://www.econbiz.de/10005621362
Wide regional variation has been a major characteristic of development experience in India. In the present study, the … multidimensional facet of development is sought to be reflected through composite indices of development. It deals with the development … disparity in development levels. Considerable variation in the levels of development - both across states and also within each …
Persistent link: https://www.econbiz.de/10005616793
Theoretical propositions proclaim that the association between Infrastructure Availability and Development of a region … researchers have concluded that the impact of infrastructure on development levels, though positive, is not significant, equally … large numbers of studies claim that infrastructure explains a substantial part of development levels. In this paper the …
Persistent link: https://www.econbiz.de/10005617098
The infrastructure (transport) is essential for the economic development of a region. If we are taking into … consideration the tourism industry and other tourist activities, the importance of the infrastructure is higher, due to the fact … administration plays a huge role in developing projects for improving the infrastructure or for rehabilitating it. We are presenting …
Persistent link: https://www.econbiz.de/10008645107
, then we present two indices of insecurity for Mexico using the principal component factor analysis. An index called …
Persistent link: https://www.econbiz.de/10011108206