Download or read book Investment Capital Accumulation and Growth written by Mr.Christian H. Beddies and published by International Monetary Fund. This book was released on 1999-08-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the potential variables that have determined economic growth in The Gambia during 1964–98. The results indicate that The Gambia’s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
Download or read book Capital Fundamentalism Economic Development and Economic Growth written by Robert Graham King and published by World Bank Publications. This book was released on 1994 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should our research and policy advice be guided by a modern version of capital fundamentalism, in which capital and investment are viewed as the primary determinants of economic development and long- run growth? No. Capital accumulation seems to be part of the process of economic development, not its igniting source.
Download or read book Capital Accumulation and Money written by L.D. Taylor and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital, Accumulation, and Money: An Integration of Capital, Growth, and Monetary Theory is a book about capital. A root concept of capital is developed which allows for most existing concepts of capital to be unified and related to one another in consistent fashion. Such a root concept of capital offers a framework for integrating monetary and capital theory, and for analyzing the functioning of an economy, whether that economy is in a steady state of subsistence or in a process of sustainable growth. Specifically, it is shown that a conservation principle emerges that both implies and imposes a variety of constraints on the macro behavior of an economy, constraints which make for straightforward understanding and analysis of such concepts as the real stock of money, real-balance effects, and the general price level. New and illuminating insights are also provided into aggregate supply and demand, natural and money rates of interest, the relationship between real and monetary economies, and economic growth and development.
Download or read book Investment Capital Accumulation and Growth Some Evidence from the Gambia 1964 98 written by Christian Beddies and published by . This book was released on 2006 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the potential variables that have determined economic growth in The Gambia during 1964-98. The results indicate that The Gambia`s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment and thus private capital accumulation on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
Download or read book Economic Growth and Instability written by Daniel Hamberg and published by Praeger. This book was released on 1978 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hamberg examines the contemporary literatire dealing with economic growth and the theories it involves.
Download or read book Theories of Technical Change and Investment written by Chidem Kurdas and published by Springer. This book was released on 2016-07-27 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Technology is becoming ever more widely recognised as the crucial element in the explanation of economic growth and business fluctuations. Yet the relationship between investors' rationality and investment strategy remains ill understood, and is often constructed in contradictory fashion. Chidem Kurdas's lucid exploration of the problem provides the basis for a synthesis that should prove extremely useful: it is the most original book if its kind that I know.' Professor Heilbroner, The New School for Social Research, New York What is involved in the rational calculation behind the decision to invest and innovate? This book compares the different answers given to this question, from the early classics to recent new classical and new institutionalist models, in a both rigorous and accessible way.
Download or read book Economic Growth and Total Capital Formation written by John W. Kendrick and published by . This book was released on 1976 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Accumulation and Economic Growth in a Small Open Economy written by Stephen J. Turnovsky and published by Cambridge University Press. This book was released on 2009-08-20 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: An investigation of the process of economic growth in a small open economy by one of the world's leading economists.
Download or read book The Theory of Capital written by D C Hagued and published by Springer. This book was released on 1961-01-01 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of Taxation on Capital Accumulation written by Martin Feldstein and published by University of Chicago Press. This book was released on 2009-05-15 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research on capital formation has long been a major focus of studies sponsored by the National Bureau of Economic Research because of the crucial role of capital accumulation in the process of economic growth. The papers in this volume examine the influence of taxes on capital formation, with specific focus on the determinants of saving and the process of investment in plant and equipment.
Download or read book Capital Accumulation and Economic Growth written by Shahid Yusuf and published by . This book was released on 1985 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to reaffirm certain notions that have provided the foundations of development economics, but which now are coming increasingly under attack: that growth in such pacesetters as the Republic of Korea, Japan and Brazil has principally arisen from capital accumulation; and that investment during the important initial phase of their industrialization was often only distantly related to market forces. The discussion is opened with a brief description of the turmoil sweeping economics and specifically, development economics. Drawing upon this, the paper discusses models derived from the neoclassical paradigm, and compares and contrasts this paradigm of development with the experience of Latin American countries and Japan. In this context, the paper moves to two more eclectic models which are very much in the spirit of development economics. One is the so-called bureaucratic authoritarian model, and the other, a model of Japanese development. In the final section, the study narrows our focus to Korea and show how these models can illuminate Korea's investment policies during the sixties and the seventies. The paper concludes that a simple neoclassical paradigm is not sufficient to explain Korea's successful economic development.
Download or read book Population Growth and Economic Development written by National Research Council and published by National Academies Press. This book was released on 1986-02-01 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses nine relevant questions: Will population growth reduce the growth rate of per capita income because it reduces the per capita availability of exhaustible resources? How about for renewable resources? Will population growth aggravate degradation of the natural environment? Does more rapid growth reduce worker output and consumption? Do rapid growth and greater density lead to productivity gains through scale economies and thereby raise per capita income? Will rapid population growth reduce per capita levels of education and health? Will it increase inequality of income distribution? Is it an important source of labor problems and city population absorption? And, finally, do the economic effects of population growth justify government programs to reduce fertility that go beyond the provision of family planning services?
Download or read book Capital Accumulation and Money written by Lester D. Taylor and published by . This book was released on 2010-09-13 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Diagnosing Human Capital as a Binding Constraint to Growth written by Miguel Angel Santos and published by Cambridge University Press. This book was released on 2021-12-16 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The empirical literature on the contributions of human capital investments to economic growth shows mixed results. While evidence from OECD countries demonstrates that human capital accumulation is associated with growth accelerations, the substantial efforts of developing countries to improve access to and quality of education, as a means for skill accumulation, did not translate into higher income per capita. In this Element, we propose a framework, building on the principles of 'growth diagnostics', to enable practitioners to determine whether human capital investments are a priority for a country's growth strategy. We then discuss and exemplify different tests to diagnose human capital in a place, drawing on the Harvard Growth Lab's experience in different development context, and discuss various policy options to address skill shortages.
Download or read book Japan s Quest for Growth written by Mr. Murtaza H. Syed and published by International Monetary Fund. This book was released on 2010-12-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: As labor input in Japan shrinks with population aging, capital accumulation and productivity gains will drive growth over the medium-term. At the same time, a changing global landscape calls for a shift in export-oriented investment toward new markets and a new generation of products, as well as increased investment by domestically-oriented firms. What policies could be adopted to help firms adjust to the imperatives of the post-crisis global economy and boost medium-term growth? Using disaggregated data, this paper investigates the determinants of investment and R&D spending by Japanese firms. The results suggest that policies could usefully focus on four areas. First, raising the return on investment, including through reforms to the tax code. Second, decreasing uncertainty through improved risk management by firms and by bolstering the business climate. Third, improving SME access to finance, notably by encouraging venture capital investment in innovative areas and more risk-based lending. And fourth, reducing excess leverage and supporting corporate restructuring to enable new investments to flourish.
Download or read book The Accumulation of Capital written by J. Robinson and published by Springer. This book was released on 2016-11-09 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this classic work Joan Robinson goes back to the beginning and works out the basic theory that is needed for a coherent treatment of the problems that present themselves in a developing economy. This new edition features a new introduction, which discusses the great significance of Robinson's work.
Download or read book Investment Capital Accumulation and Growth written by Mr. Christian H. Beddies and published by International Monetary Fund. This book was released on 1999-08-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the potential variables that have determined economic growth in The Gambia during 1964–98. The results indicate that The Gambia’s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
