Showing 1 - 10 of 27
, the economic growth has been superior to the average UE, for big part of the decade 1990-2001, even if the remains under … the 75% of the principal European economies' PIL. -- business ; PIL ; economic growth ; debts ; risk …
Persistent link: https://www.econbiz.de/10009958460
While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit insurance on steady-state employment, the short-term effects of benefit reforms are not well-established. This paper contributes to fill this gap by estimating impulse responses to...
Persistent link: https://www.econbiz.de/10010118882
expenditure and economic growth by employing the Error Correction Mechanism (ECM) and Johansen co-integration test respectively … inflationary pressure in the economy. Results show that inflation negatively effects economic growth probably due to adverse supply … shock. Money supply should be allowed to grow according to the real output of the economy but excess growth of money causes …
Persistent link: https://www.econbiz.de/10010097637
health) and output in a co-integration framework, taking growth of primary gross enrolment rate and a dummy for structural … years) and openness is found to have a significant effect on growth of per capita GNP. The Generalized Impulse Response … Function confirms that the innovation in per capita GNP growth can only explain the movements of the growth of per capita GNP …
Persistent link: https://www.econbiz.de/10009958053
quality of life mainly comes from the macro-economic prosperity. Thus, fast growth of gross domestic Product has become the … researchers, that is, whether export promotion leads to higher economic growth or economic growth promotes exports. Thus, this … paper is an attempt to reinvestigate the dynamics of the relationship between exports and economic growth for India over the …
Persistent link: https://www.econbiz.de/10009958076
We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response … of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade … liberalization must be followed by a depreciation of the real exchange rate. We deduce that the growth rate of the economy increases …
Persistent link: https://www.econbiz.de/10009959078
According to the international trade theory, open market oriented industries, sectors or economies are more effective in allocating production factors among economics actors than the relatively closed ones. However; it is wondered whether being open market oriented is good for societies as a...
Persistent link: https://www.econbiz.de/10010148032
economic growth model that is capable of generating stable equilibria, cycles, or chaos. This paper confirms stable economic … growth in China in the period 1980 - 2012 (www.imf.org). A key hypothesis of this work is based on the idea that the …
Persistent link: https://www.econbiz.de/10010148057
In this paper, we’ll try to study the impact of banking intermediation on the economic growth in ten countries in the … negative correlation between all variables of banking intermediation and economic growth. While, all variables of banking …
Persistent link: https://www.econbiz.de/10010148060
The objective of this paper is to examine whether foreign direct investments (FDI) in extractive sector enhances growth … financial markets are inadequate to spur growth and enhance the role of FDI in the growth process in MENA oil producing … countries. The paper opines that policy focus should be towards improving the absorptive capacities, as growth should evolve …
Persistent link: https://www.econbiz.de/10010148290