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2012

Economic growth

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Institution
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Articles 1 - 22 of 22

Full-Text Articles in Social and Behavioral Sciences

Dynamic Poverty Decomposition Analysis: An Application To The Philippines, Tomoki Fujii Nov 2012

Dynamic Poverty Decomposition Analysis: An Application To The Philippines, Tomoki Fujii

Research Collection School Of Economics

In this paper, we propose a new method of poverty decomposition. Our method remedies the shortcomings of existing methods and has some desirable properties such as time-reversion consistency and subperiod additivity. It integrates the existing methods of growth-redistribution decomposition and sector-based decomposition, because it allows us to decompose poverty change into growth and redistribution components for each group (e.g. regions or sectors) in the economy. We extend our method to have six components and provide an empirical application to the Philippines for the period 1985-2009.

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Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek Sep 2012

Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek

Reports

No abstract provided.

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Does The Equity Market Affect Economic Growth?, Kwame D. Fynn Aug 2012

Does The Equity Market Affect Economic Growth?, Kwame D. Fynn

The Macalester Review

This paper examines the impact of the stock market primarily on economic growth using panel data from 1990-2010. I apply Generalized Least Squares techniques for fixed effects with the exclusion of the subgroup 2005-2010 which uses random effects. The effect of the stock market on growth is based on country-specific effects and varies in different time periods.

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An Assessment Of Eda's Partnership Planning Program, George A. Erickcek, Brad R. Watts, Larry Ledebur, Claudette Robey, Daila Shimek, Kevin O'Brien, Andrew Batson, Jim Robey, Jacob Duritsky, Kim Merik Jul 2012

An Assessment Of Eda's Partnership Planning Program, George A. Erickcek, Brad R. Watts, Larry Ledebur, Claudette Robey, Daila Shimek, Kevin O'Brien, Andrew Batson, Jim Robey, Jacob Duritsky, Kim Merik

Larry C. Ledebur

This report examines EDA‘s Partnership Planning Program, which consists of Economic Development Districts (EDDs) and the Comprehensive Economic Development Strategies (CEDS) they are required to create, and provides recommendations as to how the program could be improved to lead effective regional development strategic efforts.

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An Empirical Estimate Of The Optimal Level Of Fiscal Deficit In Guinea, Emmanuel A. Onwioduokit Jun 2012

An Empirical Estimate Of The Optimal Level Of Fiscal Deficit In Guinea, Emmanuel A. Onwioduokit

Economic and Financial Review

Excessive deficits, irrespective of the mode of financing, are assumed to be growth retarding. The conventional wisdom is that high budget deficit is a source of economic instability. Empirical research, however, does not conclusively support this conventional wisdom; results are mixed and controversial across countries . These conflicting results have raised the important question of heterogeneity and also underscored the usefulness of time series data for country specific studies in order to address heterogeneity. This paper sought to ascertain the relationship between fiscal deficits and economic growth in Guinea and to find the threshold level of fiscal, deficit that is …

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Diagnosing The Roots Of Chinas Growth Miracle: An Examination Of Strategies That Have Most Influenced Chinas Economic Development In The Twenty-First Century, Katharine Manko Jun 2012

Diagnosing The Roots Of Chinas Growth Miracle: An Examination Of Strategies That Have Most Influenced Chinas Economic Development In The Twenty-First Century, Katharine Manko

Honors Theses

There are significantly different views regarding what strategies underlie China’s economic growth and development in the past decade. An examination of these varied opinions will indicate the complexity of determining which strategies have been most conducive to China’s economic expansion. This paper will use data from several developing and developed countries along with an analysis of a number of strategies that economists and scholars have listed as aiding the economic growth process. The analysis of the scatter pot data will then be applied to China as a case study to determine which factors and strategies have been most conducive to …

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The Twisting Fed: How Changing Open Market Operation Compositions Affect Long-Term Interest Rates And Subsequently Influence Capital Expenditures, Michael Owen Miller Jun 2012

The Twisting Fed: How Changing Open Market Operation Compositions Affect Long-Term Interest Rates And Subsequently Influence Capital Expenditures, Michael Owen Miller

Honors Theses

The Federal Reserve has been highly active in the past decade in its attempts to lower long-term interest rates and spur economic growth. This thesis will investigate how the Federal Reserve’s actions have influenced long-term Treasury yields and whether the manipulation of the long-term interest rate helps stimulate economic growth through capital investment. To examine how the Fed’s actions affect long-term yields we study the maturity composition of the Fed’s Open Market Operations (OMOs). As the trend of proportional purchases shift farther out along the yield curve, we expect the long-term interest rate to decrease. The impact of shifting long-term …

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Effects Of Income Inequality On Economic Growth, Madelyn Degutis Jun 2012

Effects Of Income Inequality On Economic Growth, Madelyn Degutis

Honors Theses

Economic growth reflects the change in the overall well-being of a country and the standard of living of its population. It is important to understand what factors affect economic growth. This thesis hypothesizes that income inequality negatively affects growth. A country-level data set of 114 countries for 2000 and 2005 is used to estimate a growth model. The dependent variable, the five year average of economic growth per capita, is regressed on a set of standard factors (human capital, investment, and technology), institutional factors (political stability, corruption, and property rights), income inequality, and demographic factors (gender equality and racial diversity). …

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Political Institutions And Economic Policy: Rural Renter Legislation In Argentina, 1912–1942, Andrés Alberto Gallo May 2012

Political Institutions And Economic Policy: Rural Renter Legislation In Argentina, 1912–1942, Andrés Alberto Gallo

Andres A. Gallo

The importance of political institutions in the economic performance of developing countries is generally overlooked. Argentine economic development in the 19th and early 20th centuries relied on the production of rural exports. The production structure in agriculture was supported by the widespread use of tenancy contracts. This paper uses spatial analysis and logistic regression to study the role of Congress in shaping tenancy legislation for the period 1912 to 1943. The finding is that legislative reform was a product of how political institutions worked in Congress providing veto power to Conservatives over the proposals of Radicals. Electoral fraud in the …

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Identification Of The Common Salient Characteristics Of Successful Intergovernmental Cooperation And Consolidation Of Governmental Services In Kent County, George A. Erickcek, Brad R. Watts Apr 2012

Identification Of The Common Salient Characteristics Of Successful Intergovernmental Cooperation And Consolidation Of Governmental Services In Kent County, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.

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Real Exchange Rates And The Long‐Run Effects Of Aggregate Demand In Economies With Underemployment, Peter Skott, Martin Rapetti, Arslan Razmi Apr 2012

Real Exchange Rates And The Long‐Run Effects Of Aggregate Demand In Economies With Underemployment, Peter Skott, Martin Rapetti, Arslan Razmi

Peter Skott

Successful economic development to a large extent derives from the mobilization of underemployed resources. Demand policy can play an important role. It is critical, however, to consider balance of payments constraints and to ensure an expansion of investment in the modern sector. A combination of investment promotion and exchange rate intervention may be required to achieve these goals.

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Real Exchange Rates And The Long-Run Effects Of Aggregate Demand In Economies With Underemployment, Peter Skott, Martin Rapetti, Arslan Razmi Apr 2012

Real Exchange Rates And The Long-Run Effects Of Aggregate Demand In Economies With Underemployment, Peter Skott, Martin Rapetti, Arslan Razmi

Economics Department Working Paper Series

Successful economic development to a large extent derives from the mobilization of underemployed resources. Demand policy can play an important role. It is critical, however, to consider balance of payments constraints and to ensure an expansion of investment in the modern sector. A combination of investment promotion and exchange rate intervention may be required to achieve these goals.

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Macroeconomic Shocks And Fiscal Deficit Behaviour In Nigeria: A Vecm Approach., M. O. Abeng, K. S. Alehile Mar 2012

Macroeconomic Shocks And Fiscal Deficit Behaviour In Nigeria: A Vecm Approach., M. O. Abeng, K. S. Alehile

Economic and Financial Review

This paper focuses on establishing the links between fiscal deficit and short-term changes in major macroeconomic variables like real output, interest rate, exchange rate, inflation rate and crude oil price in Nigeria. Empirical results show that the model adequately explains the behaviour of government of fiscal deficit and that while the accumulation of deficit is not at all detrimental to the economy per se, prudence should be exercised in the financing options adopted and more so the appropriate application of such funds to selffinancing projects. It is recommended that government broaden its tax-net to curb the surging borrowing as well …

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[Review Of The Book Growing Public: Social Spending And Economic Growth Since The Eighteenth Century], George R. Boyer Jan 2012

[Review Of The Book Growing Public: Social Spending And Economic Growth Since The Eighteenth Century], George R. Boyer

George R. Boyer

[Excerpt] Lindert’s discussion of the costs and benefits of the welfare state is only one part, albeit the most eye-catching part, of this wide-ranging work in comparative economic history. Volume 1, written for non-specialists, presents “The Story”; it is tailor-made for upper-level undergraduate courses in economic and social history, public policy, and welfare economics. Volume 2 presents “Further Evidence,” including the regression results that underlie the findings presented in the first volume, and eighty pages of appendices. Graduate students and scholars studying the welfare state will want to read this volume in conjunction with Volume 1. For those who want …

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Do Remittances Improve The Standard Of Living In African Countries?, Yohanna Cerna Jan 2012

Do Remittances Improve The Standard Of Living In African Countries?, Yohanna Cerna

DISCOVERY: Georgia State Honors College Undergraduate Research Journal

No abstract provided.

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Role Of Agriculture In Economic Growth Of Pakistan, Syed Ali Raza Mr, Yasir Ali, Farhan Mehboob Jan 2012

Role Of Agriculture In Economic Growth Of Pakistan, Syed Ali Raza Mr, Yasir Ali, Farhan Mehboob

Farhan Mehboob

This research based on the role of agriculture in the economic growth of Pakistan. Secondary data has been collected from the year 1980-2010 from the government authentic websites. For this purpose simple regression applied to identify the significance relationship of agricultural sub-sectors with GDP. Results suggested that there is the significance role of agriculture sub-sectors towards the economic growth only forestry showed insignificant relationship with GDP. Another objective is based on to know the contribution of each sub-sector over the aggregate agriculture amount. Result suggest that crops and livestock’s total contribute 91% combined in the aggregate agriculture sector that represent …

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Three Essays Concerning The Relationship Between Exports, Macroeconomic Policy, And Economic Growth, Brandon James Sheridan Jan 2012

Three Essays Concerning The Relationship Between Exports, Macroeconomic Policy, And Economic Growth, Brandon James Sheridan

Theses and Dissertations--Economics

This dissertation consists of three essays that collectively investigate the relationship between exports, macroeconomic policy and economic growth. The first essay investigates the relationship between disaggregated exports and growthto address why many developing countries rely on primary goods as their main source of export income when evidence suggests they could earn higher returns by exporting manufactured goods.Using regression tree analysis, I find that although increasing manufacturing exports is important for sustained economic growth, this relationship only holds once a threshold level of development is reached. The results imply that a country needs a minimum level of education before it is …

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Tax Reform DisCourse, Anthony C. Infanti Jan 2012

Tax Reform DisCourse, Anthony C. Infanti

Articles

Our tax system is supposed to serve the public good by fairly raising the revenue that we need to fund public expenditures — for example, the common defense, social safety net programs such as Social Security and Medicare, etc. But the tax reform debate has shifted away from discussing how best to distribute the burden of these common expenditures and instead has come to focus on how tax reform can be used to spur economic growth. Especially in times of economic crisis, these two goals — equitably funding public expenditures and spurring economic growth — sound equally important and somehow …

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The Interaction Of Political Capacity And Economic Growth To Attract Foreign Direct Investments At The Provincial Levels Of Developing Countries, Murniz Allen Vasay Coson Jan 2012

The Interaction Of Political Capacity And Economic Growth To Attract Foreign Direct Investments At The Provincial Levels Of Developing Countries, Murniz Allen Vasay Coson

CGU Theses & Dissertations

This dissertation will explore how developing provinces within countries attract foreign direct investment. The policy implication to this study is important because it could account for the uneven distribution of growth in developing countries that so frequently leads to dual economies. To attract foreign direct investments, provincial governments compete among themselves trying to appeal to international investors. There is consensus in the economic development literature that both economic and political variables interact to advance a nation's economy. The ability for a country to provide a free market economy to exchange goods and ideas makes the environment more favorable for investors, …

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The Governance Of China’S Finance, Katharina Pistor Jan 2012

The Governance Of China’S Finance, Katharina Pistor

Faculty Scholarship

This chapter examines the governance of China's financial system, which, it shows, cannot be adequately explained using conventional paradigms that rely on ownership and legal or regulatory controls alone. Instead, China's governance regime relies heavily on human resource management, which uses control rights over the career path of top-level financial cadres. A commentary is included at the end of the chapter.

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Employment Growth From Public Support Of Innovation In Small Firms, Albert N. Link, John T. Scott Jan 2012

Employment Growth From Public Support Of Innovation In Small Firms, Albert N. Link, John T. Scott

Upjohn Press

Link and Scott provide a statistical assessment of the employment growth associated with public support of R&D in small, entrepreneurial firms through the Small Business Innovation Research (SBIR) program.

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Energy Consumption-Economic Growth Nexus: Does The Level Of Aggregation Matter?, Maamar Sebri, Mehdi Abid Dec 2011

Energy Consumption-Economic Growth Nexus: Does The Level Of Aggregation Matter?, Maamar Sebri, Mehdi Abid

Maamar Sebri

This study investigates the causal relationship between energy consumption and economic performance for the total economy as well as for industry, transport, and residential sectors for Tunisia during the period 1980-2007. The application of Vector error correction model (VECM) for non-stationary and cointegrated series suggests that causality directions at aggregated and disaggregated levels are mixed. However, the findings have important policy implications. While at the level of the total economy, energy plays an important role in development of Tunisian economy, it seems not to have an impact on economic performance at sectoral level. We conclude that results appear to be …

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