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The objective of this paper is to find the causal relationship between economic growth (GDP) rate and domestic saving growth (GDS) rate by applying the Harrod Domar growth model in the case of the Chinese economy. This paper took an analysis of Harrod Domar growth model by using the...
Persistent link: https://www.econbiz.de/10012979498
This research addresses important empirical questions regarding the relationship between natural gas exports and Egyptian economic growth by extending the Dirtsakis's model (Dritsakis, 2004, p. 1834) with the addition of the labor force into the model and further by addressing the issue in a...
Persistent link: https://www.econbiz.de/10012980362
This paper constructs a two-period overlapping generations model of human capital investment decisions where a microloan program designed to finance entrepreneurial activities is active. It is shown that, in the presence of human capital externalities (social returns to education) there exists a...
Persistent link: https://www.econbiz.de/10013136775
This paper constructs a two-period overlapping generations model of human capital investment decisions where a microloan program designed to finance entrepreneurial activities is active. It is shown that, in the presence of human capital externalities (social returns to education) there exists a...
Persistent link: https://www.econbiz.de/10009153583
endogenous growth with constant returns to scale in production is shown to arise due to replication driven by profit …-maximization. If replication occurs at the efficiency-maximizing scale, the result applies also when the number of production processes …
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