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Identification of Liechtenstein's historic economic growth and business cycles by econometric extensions of data series

Brunhart, Andreas - 2012

Several economic data series of Liechtenstein are backwardly estimated in order to achieve consistent historic time series. The generated series consist for instance of the national income for the years 1954 to 1992 (by regressive inter- and retropolation with indicators) and 1993 to 1997 (by...

Persistent link: https://www.econbiz.de/10010368149

A general approach to welfare measurement through national income accounting

Asheim, Geir B.; Buchholz, Wolfgang - 2002

We develop a framework for analyzing national income accounting using a revealed welfare approach that is sufficiently general to cover, e.g., both the standard discounted utilitarian and maximin criteria as special cases. We show that the basic welfare properties of comprehensive national...

Persistent link: https://www.econbiz.de/10010284363

Roles of Fiscal Policy in New Zealand

Barker, Felicity C; Buckle, Robert A; Clair, Robert W St - 2008

Economic growth is one of the objectives of the current government. Fiscal policy, encompassing government expenditure and taxation decisions, can significantly impact on economic growth. This paper proposes a framework which views fiscal policy through three lenses and applies this approach to...

Persistent link: https://www.econbiz.de/10012115607

Expenditure reform in industrialised countries: a case study approach

Hauptmeier, Sebastian; Heipertz, Martin; Schuknecht, Ludger - 2006

This study examines reforms of public expenditure in industrialised countries over the past two decades. We distinguish ambitious and timid reformers and analyse in detail reform experiences in eight case studies of ambitious reform episodes. We find that ambitious reform countries reduce...

Persistent link: https://www.econbiz.de/10011604680

Fiscal policy in a growth framework

Gemmell, Norman - 2001

and budget deficits—on long-run growth. It considers the relevance of recent advances in growth theory for low … advances in endogenous growth theory have demonstrated that fiscal policy can have long-run effects on economic growth rates … unlikely to hold in low-income countries. Recent theory particularly stresses the importance for growth of the following. The …

Persistent link: https://www.econbiz.de/10010279253

Letter from America: The Grandchildren of Keynes

Vollrath, Dietrich - In: Intereconomics 58 (2023) 6, pp. 347-348

Persistent link: https://www.econbiz.de/10014459466

Suurten yritysten ja niiden arvoketjujen rooli taloudessa

Ali-Yrkkö, Jyrki; Seppälä, Timo; Mattila, Juri - 2016

largest companies in terms of their value added together produce 7,6 % of the Finnish GDP. In addition, these companies …

Persistent link: https://www.econbiz.de/10012037673

Estonia in Global Value Chains

Ali-Yrkkö, Jyrki; Mattila, Juri; Seppälä, Timo - 2017

analyse the value chains of two significant companies operating in the Estonian economy along with their GDP contributions …. According to our findings, the GDP contributions generated by the exports of these two companies vary significantly from one …

Persistent link: https://www.econbiz.de/10012037689

African Economic Growth 1900-50: Historical National Accounts for British Colonial Africa

Jerven, Morten - 2019

The study of growth in African economies during the 20th Century is hampered by the lack of historical GDP estimates … accounts has not yet been assembled. This paper provides GDP estimates for some former British colonies between 1900 - 1950 …

Persistent link: https://www.econbiz.de/10012624399

Recent trends in consumption in Japan and the other Group of Seven (G7) countries

Horioka, Charles Yuji - 2012

consumption (such as GDP, household incomes, household saving rates, household wealth, and employment conditions) in the Group of …

Persistent link: https://www.econbiz.de/10010332369