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model, where the economy is always on its balanced growth path, we show that there are transitional dynamics after an …The paper studies the dynamics of economic growth caused by an increase in the growth rate of tourism demand. We … develop a simple dynamic model of a small open economy, which is completely specialized in the production of tourism services …
Persistent link: https://www.econbiz.de/10015217842
survey of empirical studies that deal with Russian regions. It discusses implications of the growth theory regarding dynamics …
Persistent link: https://www.econbiz.de/10015218951
integrated approach under a simple endogenous growth model. The determinants of growth are, on one hand, the decisions about how …Economic phenomena are interrelated. From a growth perspective, time analysis concerning the choices of present and … unchangeable geography – consumption and production conditions and technological progress not only determine long term growth but …
Persistent link: https://www.econbiz.de/10015225415
We study aspects of economic growth in a region that is creative in the sense of Richard Florida. We model creativity …=r ̇=0. Third, we investigate whether the economy of our creative region has a balanced growth path (BGP). Finally …
Persistent link: https://www.econbiz.de/10015256301
economic growth and explore possible heterogeneity in growth determination across 32 individual states. Using a 3SLS … decentralization is either unproductive or negatively correlated with growth. Educational attainment has a non-linear relationship with … growth. The size of the finance, insurance and real estate, and entertainment industries are positively correlated with …
Persistent link: https://www.econbiz.de/10015264807
We use U.S. county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9 percent and the New York estimate is 3.3 percent. Convergence rates are essentially uncorrelated with income levels.
Persistent link: https://www.econbiz.de/10015236632
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
Persistent link: https://www.econbiz.de/10009432547
practices, corporate governance, competitive factors and operating environment. This paper proposes a data gathering model for …
Persistent link: https://www.econbiz.de/10009434914
proposition for a proposed generic public-privatepartnership model to be managed and used in the pharmaceutical sector of … serveas a proposed generic PPP model (PGM) in the pharmaceutical sector for the SouthAfrican health care milieu …
Persistent link: https://www.econbiz.de/10009456121
limitations that need to be acknowledged, most importantlythe ‘target model’ was constructed from four quadrants that are evenly …
Persistent link: https://www.econbiz.de/10009458971