External Debt and Economic Growth Relationship Using the Simultaneous Equations doc

... decrease the debt service growth rate by 0.51 percent. On the other hand, the exchange rate (ER) raises external debt services. The direct effect and total effect -1- Relationship Using the Simultaneous ... 0.41 Where, the growth rate of debt service, the growth rate of export, the growth rate of debt stock, the growth rate of capital inflow, the...

Ngày tải lên: 17/03/2014, 08:20

... estimation (FE) and random effects estimation (RE). The main difference between these two methods is the basic assumption about the relationship between the unobserved effect c and the explanatory ... chapter presents the econometric analysis. In the first paragraph, the relationship between social trust and economic growth is investigated. Furthermore, the rob...

Ngày tải lên: 20/02/2014, 16:20

... including the Quantity Theory of Money and the Neutrality of Money. The Quantity Theory of Money linked inflation and economic growth by simply equating the total amount of spending in the economy ... accumulation and decreases the growth rate. One feature accounts for the foremost difference between the endogenous growth models and the neo-classical econ...

Ngày tải lên: 20/02/2014, 19:20

... Society Education and Economic Growth Cisco Public 7 Section 1—Education and Economic Growth The relationship between economic growth and education has been one of the central threads of economic analysis. ... capital (K) and labor (L) and using different theories of the economic growth , looks at three basic links between schooling and growth (Hanu...

Ngày tải lên: 20/02/2014, 20:20

... diminished, but there is still a need for more decisive policy action to address them. Within the euro area, current account imbalances–– the large surpluses in Germany and the Netherlands and the decits ... details on the terms and conditions for usage of the WEO database, please refer to the IMF Copyright and Usage website, www.imf.org /external/ terms.htm. Inquirie...

Ngày tải lên: 17/03/2014, 08:20

... regulations, like the US and EU markets, have to meet and anticipate these high standards. But once satisfying these standards, they are more likely to have higher penetration rate and the companies’ ... escaped from the crisis in the mid- 1980s and its annual GDP growth rate averaged 7.2% during the 1990s. Much of this development is attributed to the growth of th...

Ngày tải lên: 24/08/2013, 18:48

... for the judiciary, which provides yet another check on the quantity and composition of corruption. Finally, our results provide new insight into the relationship between politics and economic growth. ... statistical relationship with economic growth, but it clearly serves to militate against the negative economic effects of corruption. The Effects of Corruption and...

Ngày tải lên: 09/12/2013, 20:15

... augmented-neoclassical growth model format by adding the channel variables into the right-hand side of the regressions and observing their magnitude and the significance as well as that of the democracy ... democracy on economic performance. Of these, 10 explore the impact of democracy on the level of economic activity (per capita GDP) and 81 explore the impact...

Ngày tải lên: 23/12/2013, 06:17