international capital flows and economic growth

... understanding of economic growth and personal investment strategies.The production technology can be expressed as a function f that relies on two key factors: physical capital (k_t) and human capital ... the critical role human capital plays in driving economic growth and its competition with physical capital accumulation in fostering economic development.This paper expands on the infinite-horizon ... formation of human capital is highly efficient, it can exceed physical capital, becoming the primary driver of economic growth.In our two-period model incorporating physical and human capital, we reaffirm

Ngày tải lên: 11/07/2021, 16:47

... International Economics International Trade Amsterdam: North-Holland Jones, R.W., Kenen, P.B (Eds.) (1985): Handbook of International Economics International Monetary Economics and Finance Amsterdam: ... Protection and Real Wages Review of Economic Studies 9, 58-73 Swan, T.W (1956) : Economic Growth and Capital Accwnulation Economic Record XXXII,334-61 Takayama, A (1985): Mathematical Economics, ... (1979): Internationally Decreasing Costs and World Trade Journal of International Economics 9, 1-24 Ethier, W.J (1982): National and International Returns to Scale in the Modem Theory of International

Ngày tải lên: 25/10/2016, 18:30

... understanding of economic growth dynamics.By the mid-20th century, the neoclassical growth model, established by Cass (1965) and others, became the dominant framework for understanding economic growth ... risks, and stimulating economic activity, all of which drive economic growth (Sanusi, 2011).Countries with advanced financial systems tend to experience faster long-term economic growth, and increasing ... advancements, and good governance.Economic growth is influenced not only by key inputs like land, labor, capital, and technology but also by the social, economic, and political frameworks within

Ngày tải lên: 14/03/2025, 15:08

... 897-914 [5] French, K and J Poterba 1991 International diversification and international equity markets American Economic Review, 81(2): 222-226 [6] Ritov H., I Gatti, and A Tverski 1990 ... The fourth and final level of the hierarchy lists the particular national markets from which this portfolio will be constructed. The macro and micro barriers to international capital flows are ... to international capital. .. Choi, and Levitch 1991 International accounting diversity: Does it affect market participants? Financial Analyst Journal, 47(4): 73-82 [3] Errunza, V and E

Ngày tải lên: 08/11/2013, 23:15

... direct impact on economic growth and. .. “Corruption and Development: A Review of Issues,” Journal of Economic Literature 35: 1320–46 Barro, Robert J (1991) Economic Growth in a Cross ... relationship with economic growth, but it clearly serves to militate against the negative economic effects of corruption. The Effects of Corruption and Democracy on Economic Growth We now turn ... and health, both of which facilitate economic growth (Baum and Lake, 2003; Helliwell, 1994). Moreover, democracy facilitates political stability, which is also known to be good for economic growth.

Ngày tải lên: 09/12/2013, 20:15

... demands on areas such as education, justice and health, and encourage stable and long- run growth (Rodrik 1999, Lake and Baum 2001, Baum and Lake 2003). Opponents of democracy, other other hand, ... Democracy and Economic Growth: A meta-analysis Hristos Doucouliagos* and Mehmet Ulubasoglu School of Accounting, Economics and Finance Deakin University Australia * Faculty of Business and Law, ... other, and this promotes world peace and economic growth. They are also more likely to provide less volatile economic performance. Finally, de Haan and Sierrmann (1995) note that a strong state and

Ngày tải lên: 23/12/2013, 06:17

... Investment, and Rural Asset Accumulation in Pakistan Economic Development and Cultural Change, vol 47, No (October): pp 155-73 Richard H Adams, Jr and John Page, The Impact of International Migration and ... relationship between development and migration, and the resulting effects of economic ties between diasporas and home country economies are becoming more relevant for development and social change In particular, ... small and large investments, trade, tourism and unilateral transfers of worker remittances For example, the mobilization of migrant savings and investments at home are spurring economic growth

Ngày tải lên: 16/02/2014, 10:20

... parentheses. Output Growth = real per capital GDP growth; Capital Stock Growth = real per capita capital stock growth; Productivity Growth = Output Growth-(0.3) (Capital Stock Growth); Savings ... Notes: Output Growth = real per capita GDP growth; Capital Stock Growth = real per capita capital stock growth; Productivity Growth = Output Growth-(0.3) (Capital Stock Growth); Savings ... physical capital stock growth, Capital Stock Growth, and everything else, Productivity Growth. Specifically, let Output Growth equal capital Stock Growth) + Productivity Growth. 'To

Ngày tải lên: 07/03/2014, 14:20

... allocation and service delivery. III. Human Development and its Impact on Growth Human development, in turn, has important effects on economic growth. If a central element of economic growth ... and capabilities enjoyed by households and governments, economic growth will enhance human development. This paper analyzes these relationships and the two-way linkages involved. Keywords: Economic ... development (HD) and economic growth (EG). To the extent that greater freedom and capabilities improve economic performance, human development will have an important effect on growth. Similarly,

Ngày tải lên: 08/03/2014, 06:20

... impede economic growth. In this paper, we reexamine the relation- ship between economic growth and taxation in light of the accumulated economic evidence, both from the United States and other ... for economic growth. Figure 3, reproduced from Mendoza, Milesi-Ferretti, and Asea (1996), shows the correlation among the OECD countries between income taxes and economic growth (panels A and ... and Economic Growth: Lessons from the 1980s.” Journal of Economic Perspectives 2 No 4 (Fall, 1988): 71– 97 Eissa, Nada Taxation and. .. Saving and Government.” In National Saving and

Ngày tải lên: 08/03/2014, 06:20

... NATURAL RESOURCE ABUNDANCE AND ECONOMIC GROWTH Jeffrey D. Sachs and Andrew M. Warner Center for International Development and Harvard Institute for International Development Harvard University ... "Equipment Investment and Economic Growth. " Quarterly Journal of Economics May 1991, 106(2), pp 455-502 Food and Agriculture Organization, 1971 Production Yearbook and 1993 Production ... association between growth and natural resource abundance, because the excluded countries tend to have especially slow growth In table II, we show growth. .. Measures." Economics and Politics,

Ngày tải lên: 08/03/2014, 06:20

... i Access to Finance and Economic Growth in Egypt Access to Finance and Economic Growth in Egyptii Introduction iii Access to Finance and Economic Growth in Egypt Middle East and North African Region A ... improve access to finance and its infrastructure, can break down economic and social barriers to economic growth and development. This well-researched report is an excellent guide and provides a practical ... Access to Finance and Economic Growth in Egypt Access to Finance and Economic Growth in Egypt Middle East and North African Region A Study Led By SAHAR NASR A

Ngày tải lên: 15/03/2014, 09:20

... population growth and increases with the accumulation of physical and human capital Endogenous Growth Theory Neoclassical growth theory became the dominant way to model economic growth in the 1970s and ... human capital and economic growth 'reinforce one another' (Psacharopoulos 1995, 2), and education is believed co be one of the most important elements in human capital He explains: Economic growth ... Tne growth in education has had a significant impact on not only productivity and economic growth, but aiso on poverty and income inequities The relationship between education and economic growth

Ngày tải lên: 16/03/2014, 03:20

... stock and debt service. External Debt and Economic Growth -1- Relationship Using the Simultaneous Equations 1.Introduction The relationship between external debt, economic growth and capital inflows ... not the result of economic growth, also affect economic growth. Olgun et al. (1998) empirically tested interactions between capital inflows, foreign debt stock, economic growth and investment using ... from capital inflow to economic growth occurs through investment. Higher economic growth in turn increases a country’s creditworthiness and this may attract more capital inflows. If the capital

Ngày tải lên: 17/03/2014, 08:20

... consumption and economic growth In certain context, policy-makers must understand whether economic growth boosts energy consumption or whether energy consumption causes economic growth And this ... conservation and economic growth policies (Bartleet and Gounder, 2010) On the other hand, the ecological economic theory states that energy consumption is a limiting factor to economic growth, especially ... to income in India and Indonesia, and a bi-directional causality in Thailand and the Philippines Aqeel and Butt (2001) used the ECM models Energy Consumption and Economic Growth in Vietnam: Threshold

Ngày tải lên: 27/05/2014, 22:53

... Environmental and Development Economics, The Ohio State University vii FIELDS OF STUDY Major Field: Agricultural, Environmental and Development Economics Minor Fields: Development Economics viii ... negatively the economics growth of the provinces of Argentina in the period 1991-2002 Morerover, I have also found robust evidence that the third Quantile (Q3) affects negatively the economics growth, ... Gilmore, and William Hamant, and I thank them for believing in me and for supporting my dreams from a distance Nothing would have been possible without my wife’s unconditional support, care and love

Ngày tải lên: 03/06/2014, 02:02

... the Theory of Economic Growth.” Journal of Economic Theory 12: 164–190 197 198 Bibliography Brock, W.A and M.S Taylor (2004) “Economic Growth and the Environment: A Review of Theory and Empirics.” ... at Hand?” In Andrew Weintraub, Eli Schwartz, and J Richard Aronson, eds., The Economic Growth Controversy New York: International Arts and Sciences Press ——— (1974) “Intergenerational Equity and ... Environment and Economic Growth Introduction and Overview The Basic Economic Model 2.1 The Household Sector 2.2 The Productive Sector 2.3 The Government 2.4 Equilibrium Conditions and the Balanced Growth

Ngày tải lên: 10/06/2014, 21:48