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Full-Text Articles in Economics

The Future Of China: Three Scenarios, Murray L. Weidenbaum Nov 1996

The Future Of China: Three Scenarios, Murray L. Weidenbaum

Murray Weidenbaum Publications

This article looks at the rise of China as a world power and how this will impact American businesses.


Mobilising Financial Resources For Growth: Nigeria's Financial Policy Perspective., Felix U. Ezeuduji Jun 1996

Mobilising Financial Resources For Growth: Nigeria's Financial Policy Perspective., Felix U. Ezeuduji

Bullion

Financial resources for growth are from several sources because no single source could provide the required funding. The major known sources of resources for growth are based to both the informal sector and formal sector activities which include the fiscal operations of the Government foreign sector transactions, capital market activities, and institutional savings mobilisation in the financial sector which is the focus of this paper. This paper is organised in five sections. The introduction constitutes Section One which provides the background, the objective and the organisation of the paper. In section Two, the conceptual framework of financial resource mobilisation is …


Un Modelo De Equilibrio General Dinámico Del Impuesto Al Activo, Rodrigo Garcia-Verdu Dec 1995

Un Modelo De Equilibrio General Dinámico Del Impuesto Al Activo, Rodrigo Garcia-Verdu

Rodrigo Garcia-Verdu

Este trabajo extiende el modelo neoclásico de crecimiento para incluir un impuesto al activo como instrumento adicional de política fiscal, analizándose los efectos sobre la formación de capital. Por otra parte, son establecidas las condiciones bajo las cuales el impuesto al activo es equivalente al impuesto al ingreso generado por los activos de una economía. Además las conclusiones alcanzadas son comparadas con las de un modelo existente en la literatura. Finalmente, las implicaciones de los resultados del trabajo son desarrolladas para el caso de México.


Technological Specialization And Economic Performance In Oecd Countries, Mario Pianta, Valentina Meliciani Dec 1995

Technological Specialization And Economic Performance In Oecd Countries, Mario Pianta, Valentina Meliciani

Mario Pianta

The paper investigates the growing sectoral specialization in technological activities of OECD countries (measured using patent data) and its impact on countries' innovative and economic performance in the 1975-1990 period. Aggregate indicators of sectoral specialization are introduced, showing the extent to which countries concentrate their innovations in few fields, or spread them across several sectors. A general positive relationship is found between the degree of specialization in technology and higher rates of growth, while specialization in electronics-related fields is not associated to better economic or technological performances. The position of individual countries in these patterns is also examined, showing that …