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This article focuses on the growth-employment relationship and the determinants of labour force participation rate. In the time-series framework, employment is seen to have a greater impact on GDP rather than vice versa. This is quite consistent with the literature that employment contracts can...
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. Mathematically, the formula employed to calculate the growth elasticity of poverty leads to lower values for higher initial poverty …
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IMTS demand to prices, income, population and distance are estimated on bilateral market data for ten EU countries from ….215 and 20.674, respectively. These elasticity estimates provide an empirical base from which to calculate welfare gains from …
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