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Persistent link: https://www.econbiz.de/10010294082
Los modelos económicos que analizan el crecimiento hacen un fuerte hincapié en el efecto positivo de la acumulación del capital sobre el desarrollo de las economías. Para ello, deben existir mercados de capitales desarrollados que canalicen adecuadamente los ahorros hacia la inversión. Los...
Persistent link: https://www.econbiz.de/10010323366
This paper shows that the evolution of the level of Mexico real and real per capita output between 1895 and 2008 can be adequately described through a trendstationary model, affected by 4 structural breaks, which occurred at dates that seem to coincide with domestic institutional arrangements,...
Persistent link: https://www.econbiz.de/10010322550
This paper examines the relationship between stock market development and economic growth in case of Argentina's economy. Apply Granger causality and exogeneity tests based on VEC (vector error correction) models with monthly data covering the period 1993:1-2010:8. The results show that the...
Persistent link: https://www.econbiz.de/10010325080
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In this paper I present a real-time estimation of the evolution of the Investment, constructed from a broad set of high … groups of monthly indicators throughout dynamic factor models to forecast Investment growth. Additionally, I conducted a …
Persistent link: https://www.econbiz.de/10012057268
Liberalization of electricity industry has as its basic objective an increasing of efficiency. The investment decision … of the specific dynamics of the generation investment in the new liberalized electricity markets. So, we develop a … the power guarantee, actual investment incentive, provide a suitable sign with regard to the moment and amount of new …
Persistent link: https://www.econbiz.de/10010280470
This paper investigates the impact of external price shocks on private consumption and investment and the sources of … structural shocks are identified: terms of trade, consumption, investment, real exchange rate and unemployment rates. The results … show, that both consumption and investment, respond positively and permanently to the external price shocks and are …
Persistent link: https://www.econbiz.de/10011966831