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Impact of Fiscal Decentralization on Non-Oil Economic Growth in a Resource-Rich Economy

Fakhri, Hasanov - 2020

The paper investigates effects of fiscal decentralization on non-oil sector development in case of Azerbaijan for the quarterly period of 2002 through 2013. Results obtained from Auto-regressive Distributed Lag Bounds Testing approach show that share of local expenditures and revenues in total,...

Persistent link: https://www.econbiz.de/10012829187

Heterogeneous innovations and growth under imperfect technology spillovers

Jo, Karam; Kim, Seula - 2024

We study how frictions in learning others' technology, termed "imperfect technology spillovers," impact firm innovation strategies and the aggregate economy through changes in innovation composition. We develop an endogenous growth model that generates strategic innovation decisions, where...

Persistent link: https://www.econbiz.de/10015163046

Competitive environment problems and challenges in the pre-pandemic and post-pandemic society

Abuselidze, George; Zoidze, Gia - In: Ekonomske teme 61 (2023) 3, pp. 289-306

Competition and a competitive environment serve as a crucial foundation for the effective use of resources and the … goods. Customers may obtain more advantages at a lesser cost and of better quality when there is a strong competition. The … investment. Consumer protection and competition are critical for achieving economic growth and decreasing poverty. The …

Persistent link: https://www.econbiz.de/10014490320