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more specifically the impact of human capital on per capita economic growth in transition economies in the Russian …
Persistent link: https://www.econbiz.de/10005836190
This essay surveys macroeconomic issues that marked the transition from centrally planned to market economy in Central … and Eastern European and former Soviet Union countries. We first establish a set of stylized facts of the transition so … far, namely: (1) output fell, (2) capital shrank, (3) labour moved, (4) trade reoriented, (5) the structure changed, (6 …
Persistent link: https://www.econbiz.de/10005114235
Studies on the finance-growth link use different proxy variables for financial development. Among the most used is the total credit share in the GDP. Previous empirical studies show to be sensitive to the choice of the finance proxy indicator. Total credit share in the GDP appears biased in...
Persistent link: https://www.econbiz.de/10012175688
Studies on the finance-growth link use different proxy variables for financial development. Among the most used is the total credit share in the GDP. Previous empirical studies show to be sensitive to the choice of the finance proxy indicator. Total credit share in the GDP appears biased in...
Persistent link: https://www.econbiz.de/10015401436
Diversification, especially in the context of small, highly trade-dependent economies, has recently become quite a …
Persistent link: https://www.econbiz.de/10005187396
symptom of the Russian Disease is a strong positive relation between the country’s real growth and terms-of-trade …-effects, which is different from the symptoms of the “Dutch Disease”. This paper also presents three variants (oil prices, terms-of-trade …, and trading gains) of the concept of terms-of-trade effects using the SNA framework. Second, it shows a strong positive …
Persistent link: https://www.econbiz.de/10008752077
foreign trade and direct investment regimes. In some network sectors, recent regulatory changes have significantly improved …
Persistent link: https://www.econbiz.de/10008498026
foreign trade and direct investment regimes. In some network sectors, recent regulatory changes have significantly improved …
Persistent link: https://www.econbiz.de/10009195620
"Economies in Transition and the Variety of Capitalisms: Features, Changes, Convergence" held in Varna, Bulgaria, 10-12 September …
Persistent link: https://www.econbiz.de/10011274911
In this paper, the attributes and variables that characterize the development and welfare of rich countries (EU27) are reviewed. The relationship between the wealth levels and some estimates using synthetic indices of social development is analyzed (SDI). For this purpose, we firstly use the...
Persistent link: https://www.econbiz.de/10011115502