External Debt and Economic Growth Relationship Using the Simultaneous Equations doc
External Debt and Economic Growth Relationship Using the Simultaneous Equations doc
... decrease the debt service growth rate by 0.51 percent. On the otherhand, the exchange rate (ER) raises external debt services. The direct effect and total effect-1- Relationship Using the Simultaneous ... 0.41Where, the growth rate of debt service, the growth rate of export, the growth rate of debt stock, the growth rate of capital inflow, the ratio of capital inflow to the debt stock, the ratio ... Equation The equation (2) implies that the debt service is determined by the export growth rate,exchange rate, the growth in external debt stock, economic growth and I1977 dummyvariable. From the debt...
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Tài liệu The Effect of Social Trust and Economic Growth pdf
... 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 robustness of the results is tested ... Social trust and economic growth To give a first impression of the association between social trust and economic growth, figure 1 plots social trust levels against the log of GDP in 1950. The positive...
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Tài liệu RELATIONSHIP BETWEEN INFLATION AND ECONOMIC GROWTH ppt
... 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 economies. In the neo-classical economies, the ... complicated. The inclusion of other determinants of growth reduces the apparent effect of growth, for a number of reasons. These include amongst others, the idea that some of the other determinants...
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Tài liệu Education and Economic Growth: From the 19th to the 21st Century ppt
... SocietyEducation and Economic Growth Cisco Public 7Section 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 (Hanushek and Wößmann, 2007, p. 23). One, building on the micro -economic ... Ong, 2007, Where the Engineers Are, Issues in Science and Technology, www.issues.org/23.3/wadhwa.html Education and Economic Growth Education and Economic Growth: From the 19th to the 21st Century...
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World Economic outlook 2012: Coping with High Debt and Sluggish Growth pdf
... 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 decits ... 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.Inquiries about the content of the World Economic ... reestablish competitiveness and scal balance and maintain growth. To do so, they must be able to recapital-ize their banks without adding to their sovereign debt. And they must be able to borrow...
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Environmental regulation and economic competitiveness: Evidence from the textile industry in Vietnam
... 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 the industrial sector and the exploitation ... to improve their environmental operations, how much they invest in the improvement of machine, the environmental and economic benefits that they experience from doing so and how they actually...
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Tài liệu Corruption, Democracy and Economic Growth docx
... for the judiciary, which provides yetanother 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 Democracy on Economic Growth We ... and 3 nonetheless confirmsthat democracy mitigates the effect of any given level of corruption.5These modelscontrol for the level of corruption in each country. Therefore, the fact that the interaction...
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Tài liệu Democracy and Economic Growth pdf
... 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 of democracy on economic growth. We ... variables Table 2 lists the variables used in the MRA, together with the means and standard deviations for the two datasets. Through these variables we wish to test whether differences in study...
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Tài liệu Democracy and Economic Growth: A meta-analysis pptx
... 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 ... variables Table 2 lists the variables used in the MRA, together with the means and standard deviations for the two datasets. Through these variables we wish to test whether differences in study ... variation in the results is the type and the composition of countries used in the studies. Accordingly, we delve deeper into the datasets of the studies and see which countries are employed for the...
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Tài liệu Corruption, Democracy, and Economic Growth pdf
... (London, Thousand Oaks, CA and New Delhi)ever developed (Fukuyama, 1992) and the economic growth and efficiency thatappears to sustain it.We attempt to enhance the understanding of the indirect ... for the judiciary, which provides yetanother check on the quantity and composition of corruption.Finally, our results provide new insight into the relationship between politics and economic growth. ... and 3 nonetheless confirmsthat democracy mitigates the effect of any given level of corruption.5These modelscontrol for the level of corruption in each country. Therefore, the fact that the interaction...
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