# Lecture 3: Economic growth

## How and Where Capital Account Liberalization Leads to Economic Growth

... good predictor of long-run rates of economic growth, capital accumulation and productivity improvements It has been shown elsewhere (Arestis and Demetriades, 1997) that although King and Levine ... Demetriades, O.P and Fattouh, B (2003), “Financial Policies and the Aggregate Productivity of the Capital Stock”, Eastern Economic Journal, 29(2), pp 217-242 Arestis, P., P Demetriades, B Fattouh and K ... (1997), “Financial Development and Economic Growth: Views and Agenda”, Journal of Economic Literature, 35, 688-726 Levine, R (1999), “Law, Finance, and Economic Growth , Journal of Financial Intermediation,...
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## Lecture 3 Block

... cE=’111100, cB=’111101’, cG=’111110’, cH=’111111’ Entropy H3? Bitrate: R3 = (1*pA+2*pB +3* pC+4*pD+6*(pE+pF+pG+pH)) /3= = 0 .35 3 bits/pel Block coding: n→ ∞ pa=p=0.99, pb=q=0.01 Entropy Hn=0.081 bits/pel ... =(0.0284+0.0659+0.0659+0.00 13) /2= 0.081 bits/pel Why H2=H1? 2) Huffman code: cA=’0’, cB=’10’, cC=’110’, cD=’111’ LA=1, LB=2, LC=2, LD =3 Bitrate R2 = (1*pA+2*pB +3* pC +3* pD)/2=0.515 bits/pel Block coding: n =3 ’A’=’aaa’ ... Hn=0.081 bits/pel Bitrate for Hufman coder: n= 1: R1 = 1.0 bit n= 2: R2 = 0.515 bits n= 3: R3 = 0 .35 3 bits If block size n → ∞? symbols in alphabet symbols in alphabet symbols in alphabet Hn ≤ Rn...
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## Tài liệu Real Estate and Regional Economic Growth doc

... Q LD=αLQ LS L’S L KD=αKQ KS K MIT Center for Real Estate Recent Examples of Demand and Supply induced growth Regional Differences in Labor and Wage Growth, 1960-1990 Employment Metropolitan Area* ... from Mexico and Asia MIT Center for Real Estate Simultaneous Equilibrium in a region’s product, labor and structures markets Product Demand=production costs Costs = average of wages and rents ... in Regional output, prices, wages and rents in reaction to shift in product demand Qd to Qd’ 1) Prices (and costs) must rise Ditto output 2) Wages and employment rise 3) Likewise for rents and...
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## Tài liệu Corruption, Democracy and Economic Growth docx

... DRURY/KRIECKHAUS/LUSZTIG: Corruption, Democracy, and Economic Growth 131 TABLE The Effects of Corruption on Economic Growth in Non-Democracies and Democracies, 1982–90 (ACLP Democracy Data) Democracy/ corruption ... DRURY/KRIECKHAUS/LUSZTIG: Corruption, Democracy, and Economic Growth 133 Conclusion Scholars have long suspected that political processes such as democracy and corruption are important for economic growth Our ... (Fukuyama, 1992) and the economic growth and efficiency that appears to sustain it We attempt to enhance the understanding of the indirect effects that democracy has on economic growth Although...
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## Tài liệu Lecture 3: ĐẠI SỐ BOOLEAN docx

... ĐẠI SỐ BOOLEAN     Đại số Boolean đại số dùng để mô tả hoạt động logic Các biến Boolean biến logic, mang giá trị (đôi gọi True False) Hàm Boolean hàm biến Boolean, mang giá trị Đại số Boolean ... different BIỂU DIỄN HÀM BOOLEAN Biểu diễn đại số: Biểu diễn cổng: F ( A, B, C ) = A( B + C ) A B C F BIỂU DIỄN HÀM BOOLEAN A B 0 0 1 1 C F 0 1 0 1 1 1 1 0 0 TÍNH CHẤT CỦA ĐẠI SỐ BOOLEAN      ...
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## Tài liệu Democracy and Economic Growth pdf

... Roubini, and P Swagel 1996 Political Instability and Economic Growth, Journal of Economic Growth Alesina, A and D Rodrik 1994 Distributive Politics and Economics Growth Quarterly Journal of Economics ... Bank Economic Review, 8: 351-71 Alesina, A and D Rodrik 1994 Distributive Politics and Economics Growth Quarterly Journal of Economics 109, 46590 Ali, A 1997 Economic Freedom, Democracy and Growth, ... A 2005 Democracy, Volatility and Economic Development The Review of Economics and Statistics 87, 34861 Nelson, M.A and Singh, R D 1998 Democracy, Economic Freedom, Fiscal Policy, and Growth in...
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## Tài liệu Democracy and Economic Growth: A meta-analysis pptx

... 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, ... papers on the democracy- growth association In addition to traditional meta-analysis estimators, we use also the bootstrap and clustered data analysis, as well as Fixed and Random Effects meta-regression ... of meta-analysis to political science (Lau 1999 and Roscoe and Jenkins 2005) and political economy (Nijkamp and Poot 2004 and Doucouliagos and Ulubasoglu 2006) Meta-analysis considers all the available...
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## Tài liệu The effect of economic growth on my city pdf

... Hai_Trung-Anh strongly, and many buildings and big houses are grown up a lot.Morever, the growth of economy has given a lot of advantages by making people richer, healther, and freer to enjoy their lives.I ... richer, healther, and freer to enjoy their lives.I always pride of my city whenever I talk about him.I wished that could work at my hometown after finishing at university ...
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## Tài liệu Corruption, Democracy, and Economic Growth pdf

... 0.08 745 0.09 DRURY/KRIECKHAUS/LUSZTIG: Corruption, Democracy, and Economic Growth 131 TABLE The Effects of Corruption on Economic Growth in Non-Democracies and Democracies, 1982–90 (ACLP Democracy ... DRURY/KRIECKHAUS/LUSZTIG: Corruption, Democracy, and Economic Growth 133 Conclusion Scholars have long suspected that political processes such as democracy and corruption are important for economic growth Our ... 1982 and 1997 The index ranges from six to zero, with lower scores indicating that: DRURY/KRIECKHAUS/LUSZTIG: Corruption, Democracy, and Economic Growth 127 TABLE Summary Statistics Variable Growth...
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## Tài liệu Modulation and coding course- lecture 3 pptx

... Tb 1 .36 57 V 2Tb 3Tb 4Tb 5Tb 6Tb 1 Rb=1/Tb =3/ Ts R=1/T=1/Tb =3/ Ts T 2T 3T 4T 5T 6T Rb=1/Tb =3/ Ts R=1/T=1/2Tb =3/ 2Ts=1.5/Ts T 2T 3T Lecture Today we are going to talk about: Receiver structure Demodulation ... Quantization Uniform and non-uniform Baseband modulation Binary pulse modulation M-ary pulse modulation M-PAM (M-ay Pulse amplitude modulation) Lecture Formatting and transmission of baseband signal Digital ... induced ISI Baseband pulse (possibly distored) Lecture Baseband pulse Sample (test statistic) 12 ˆ mi Baseband and bandpass Bandpass model of detection process is equivalent to baseband model because:...
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## Tài liệu Kinh tế ứng dụng_ Lecture 3: Outliers, Leverage and Influence docx

... 20, 2004 Applied Econometrics Outliers, Leverage and Influence References Bao, Nguyen Hoang (1995), ‘Applied Econometrics’, Lecture notes and Readings, Vietnam-Netherlands Project for MA Program ... Classical and Modern Regression with Application, Second Edition, Boston, M.A: PWS – Kent Written by Nguyen Hoang Bao May 20, 2004 Applied Econometrics Outliers, Leverage and Influence Workshop 3: Outliers, ... (Xi − X ) hi = + n n ∑ (Xi − X ) Bounded by 1/n (no leverage) and (extremely Leverage leverage); values above 0.5 indicate excessive leverage and values over 0.2 indicate the observation may give...
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## Tài liệu Population Aging and Economic Growth in China doc

... the rapidly increasing total cost of healthcare in China and the increase in private spending on healthcare In a study of the economic consequences of aging in China, Cai and Wang 11 find that "[u]nder ... of China Rural-to-urban migration and urbanization in India are far less extensive and slower than in China Literacy and educational attainment in India trail far behind the progress in China India’s ... make China' s economic future all the more secure iii Population Aging and Economic Growth in China Judith Banister, David E Bloom, and Larry Rosenberg March 2010 Introduction Population aging...
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## Tài liệu The Effect of Social Trust and Economic Growth pdf

... all The idea of this paragraph is to further examine trust and to draw a picture of the trusting citizen and one of the non-trusting citizen Furthermore, it is tested if the trust levels of grandparents ... examines the association between social trust and economic growth To shed more light on how social trust might influence economic growth, the relationship between social trust and human capital and social ... Subsequently, the channels through which social trust might influence economic growth are examined, and finally the determinants of trust are further explored 3.1 Social trust and economic growth To...
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## Tài liệu INNOVATION AND ECONOMIC GROWTH pdf

... the future demand for innovations The fact is that most major innovations enter the world in a very primitive condition, and go through a long process of technical improvements and cost reduction ... of 1945, and a number of firms were already engaged in the manufacture and sale of computers by 1950 And yet, as late as 1956 Howard Aiken, a brilliant physics instructor at Harvard and one of ... consumer needs and preferences in particular specialised markets, and a speedy and imaginative approach to how these needs might be catered to in a more efficient, but also a more attractive and more...
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