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In 1991 India chose to open her economy and formulated the New Economic Policy (NEP). Under the structural adjustment and reform programmes, the NEP aimed at promoting growth by eliminating supply bottlenecks that hinder competitiveness, efficiency and dynamism in the economic system This study...
Persistent link: https://www.econbiz.de/10015214688
Motivated by the purpose to assess the income convergence hypothesis, a simple new Fourier-type unit root test of the Dickey-Fuller family is introduced and analysed. In spite of a few shortcomings that it shares with rival tests, the proposed test generally improves upon them in terms of power...
Persistent link: https://www.econbiz.de/10015215040
In 1991 India chose to open her economy and formulated the New Economic Policy (NEP). Under the structural adjustment and reform programmes, the NEP aimed at promoting growth by eliminating supply bottlenecks that hinder competitiveness, efficiency and dynamism in the economic system This study...
Persistent link: https://www.econbiz.de/10015215607
? productivity gains (A) or factor accumulation (K). The growth accounting analysis is conducted for ten Middle Eastern and North … incorporation of human capital reveals that for the MENA region the contribution of productivity gains to economic growth is …
Persistent link: https://www.econbiz.de/10015221328
for cointegration and causality from both exports and imports to output and total factor productivity over the period 1960 …
Persistent link: https://www.econbiz.de/10015224043
In this paper, we examine the relationship between employment and economic growth in the most populated island in Indonesia, Java, specifically in West Java. When Indonesia suffered a dreadful economic crisis during 1997/1998, none of the regions or sectors survived its impact, especially farm...
Persistent link: https://www.econbiz.de/10015226062
This paper examines the causal relationship between private sector credit growth and economic growth in Bangladesh by using annual time series data over the period of 1976-2017. To investigate this relationship, the Autoregressive Distributed Lag (ARDL) Approach has been used. In addition, this...
Persistent link: https://www.econbiz.de/10015226092
Extant literature indicates that technology, and by implication its underlying knowledge base, determines long-run economic performance. Absent from the literature with respect to developing countries are quantitative assessments of the nexus between technology as knowledge and economic...
Persistent link: https://www.econbiz.de/10015229303
The study provide an analysis of the macroeconomic issues surrounding the reforms needed to meet the country’s growth target, as well as to identify existing policy and structural constraints and macroeconomic policy reforms measures that would help to remove those constraints. The indicative...
Persistent link: https://www.econbiz.de/10015233639
This study aims to empirically analyze the relationship between patent and economic growth, adopting the VAR approach. Indeed, in order to determine whether, in the context of the Tunisian economy and in the period from 1975 to 2010, the development of technological innovation promotes economic...
Persistent link: https://www.econbiz.de/10015256977