Download or read book Long run economic relationships written by Clive William John Granger and published by . This book was released on 1991 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Principles of Practical Cost benefit Analysis written by Robert Sugden and published by . This book was released on 1978 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding Long Run Economic Growth written by Dora L. Costa and published by University of Chicago Press. This book was released on 2011-10 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.
Download or read book Long Run Economic Growth written by Steven Durlauf and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most enduring questions in economics involves how a nation could accelerate the pace of its economic development. One of the most enduring answers to this question is to promote exports -either because doing so directly influences development via encouraging production of goods for export, or because export promotion permits accumulation of foreign exchange which permits importation of high-quality goods and services, which can in turn be used to expand the nation's production possibilities. In either case, growth is said to be export-led; the latter case is the so-called "two-gap" hypothesis (McKinnon, 1964; Findlay, 1973). The early work on export-led growth consisted of static cross-country com parisons (Michaely, 1977; Balassa, 1978; Tyler, 1981; Kormendi and Meguire, 1985). These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. However, Kravis pointed out in 1970 that the question is an essen tially dynamic one: as he put it, are exports the handmaiden or the engine of growth? To make this determination one needs to look at time series to see whether or not exports are driving income. This approach has been taken in a number of papers (Jung and Marshall, 1985; Chow, 1987; Serletis, 1992; Kunst and Marin, 1989; Marin, 1992; Afxentiou and Serletis, 1991), designed to assess whether or not individual countries exhibit statistically significant evidence of export-led growth using Granger causality tests.
Download or read book On Low frequency Estimates of long Run Relationships in Macroeconomics written by Bennett T. McCallum and published by . This book was released on 1983 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: A number of recent studies have attempted to test propositions concerning "long runt" economic relationships by means of frequency-domain time series techniques that concentrate attention on low frequency co-movements of variables.The present paper emphasizes that many of these propositions involve expectational relationships that are not inherently related to specific frequencies or periodicities. Thus the association of low-frequency time series test statistics with long-run economic propositions is not generally warranted. That such an association can be misleading is demonstrated by analysis of examples taken from notable papers by Geweke, Lucas, and Summers.
Download or read book Inference on Long run Equilibrium Relationship in Economic Time Series written by Hahn-shik Lee and published by . This book was released on 1990 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Long run Growth Social Institutions and Living Standards written by Neri Salvadori and published by Edward Elgar Publishing. This book was released on 2014-05-14 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This engaging book contains a set of original contributions to the much-debated issues of long-run economic growth in relation to institutional and social progress. It explores the mutual relationships between living standards, social habits, education an
Download or read book Testing Long Run Relationships Between Economic Time Series Using Likelihood based Inference on Cointegration written by Øyvind Eitrheim and published by . This book was released on 1990 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Decomposition of Economic Relationships by Time Scale Using Wavelets written by James Bernard Ramsey and published by . This book was released on 1997 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book This Time They Are Different written by Mr.Markus Eberhardt and published by International Monetary Fund. This book was released on 2013-12-17 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the long-run relationship between public debt and growth in a large panel of countries. Our analysis takes particular note of theoretical arguments and data considerations in modeling the debt-growth relationship as heterogeneous across countries. We investigate the issue of nonlinearities (debt thresholds) in both the cross-country and within-country dimensions, employing novel methods and diagnostics from the time-series literature adapted for use in the panel. We find some support for a nonlinear relationship between debt and long-run growth across countries, but no evidence for common debt thresholds within countries over time.
Download or read book Estimating the Long run Relationship Between Interest Rates and Inflation written by Lawrence H. Summers and published by . This book was released on 1984 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note demonstrates that Bennett McCallum's recent critique of low frequency estimates of macro-economic relationships is of little empirical significance. It also demonstrates that readily available and frequently used techniques can be used to diagnose the problem McCallum raises. Finally, it shows that the standard critique of expectational distributed lags is not warranted once the role of learning by economic agents is recognized.
Download or read book Right Relationship written by Peter Brown and published by Berrett-Koehler Publishers. This book was released on 2009-02-09 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our current economic system is unsustainable. Its fundamental elements, unlimited growth, and endless wealth accumulation fly in the face of the fact that the Earth's resources are clearly finite. In this work, the authors offer a comprehensive new economic model.
Download or read book Estimating Long run Relationships from Dynamic Heterogeneous Panels written by M. Hashem Pesaran and published by . This book was released on 1992 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book stock market development and long run growth written by Ross Levine and published by World Bank Publications. This book was released on 1996 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Transformation and Long run Relationships written by Wojciech Charemza and published by . This book was released on 1993 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Study Guide to accompany Economics Theory and Practice 7th Edition written by Patrick J. Welch and published by Wiley. This book was released on 2003-07-07 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Work more effectively and gauge your progress along the way! This Study Guide that accompanies Welch’s Economics: Theory & Practice, 7th Edition, contains objectives, key terms and concepts, a study organizer, chapter review, and exercises with answers…all for each chapter. It also includes sample examination questions with answers as well. Economics: Theory & Practice, 7th Edition introduces and surveys basic economic concepts and institutions to provide a solid understanding of key economic relationships and terms. It offers up-to-date and broad coverage of key concepts and institutions that allows the reader to use economic thinking in their educational pursuits, careers, and every-day lives.
Download or read book Applied Economics and Public Policy written by Iain Begg and published by Cambridge University Press. This book was released on 1998-03-28 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied economics is both an art and a science. It requires a sound knowledge of economic theory, statistical techniques and data sources, together with an appreciation that behavioural changes can alter apparently established economic relationships. In this book leading economists illustrate the diversity of the subject, and present a series of studies that demonstrate a range of techniques and their applications to economic policy. It contains chapters which explore approaches to macroeconomic modelling analyses of corporate performance, new estimates of the evolution of incomes in the UK since the eighteenth century and assessments of the role of applied economics in guiding macroeconomic policy. All the chapters were specially commissioned to mark the fiftieth anniversary of the Department of Applied Economics at the University of Cambridge, and the contributions to the book are a fitting tribute to the work instigated by Sir Richard Stone and carried forward by his successors.
