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Economic Growth: Technical Progress, Population Dynamics And Sustainability, Simone Marsiglio
Economic Growth: Technical Progress, Population Dynamics And Sustainability, Simone Marsiglio
Faculty of Business - Papers (Archive)
Economic growth is probably the most important goal of every policy intervention because of its wide consequences on the welfare of current and future generations. Because of the current crisis faced by several industrialized countries, this is probably much clearer today than in the past. In order to determine whether and which kind of public intervention can be taken to restore the growth process, the first step is understanding the relationship between different factors and economic growth. The goal of this brief paper is to shed some light on the mutual implications of growth and some of these factors: demography, …
Website Intangibles Disclosure And Corporate Growth Reputation Of Small Businesses, Indra Abeysekera
Website Intangibles Disclosure And Corporate Growth Reputation Of Small Businesses, Indra Abeysekera
Faculty of Business - Papers (Archive)
Abstract presented at the European Accounting Association 35th Annual Congress, Ljubljana, Slovenia, 9-11 May 2012.
Nonlinear Growth Effect Of Remittances In Recipient Countries: An Econometric Analysis Of Remittances-Growth Nexus In Bangladesh, Gazi Mainul Hassan, Shamim Shakur, Mohammed Bhuyan
Nonlinear Growth Effect Of Remittances In Recipient Countries: An Econometric Analysis Of Remittances-Growth Nexus In Bangladesh, Gazi Mainul Hassan, Shamim Shakur, Mohammed Bhuyan
Faculty of Business - Papers (Archive)
The macroeconomic impacts of remittances flows on developing economies are not well understood. The paper is an attempt to understand the impact of inward remittances flows on per capita GDP growth in Bangladesh during 1974-2006. We find that the growth effect of remittances is negative at first but becomes positive at a later stage- a strong evidence of a non-linear relationship. This could be due to unproductive use of remittances in the beginning followed by more productive utilisation. Remittances positively affect per capita GDP growth in Bangladesh when the complementarity between remittances and financial development is incorporated into the analysis.
A Note On Demographic Shocks In A Multi-Sector Growth Model, Simone Marsiglio, Davide La Torre
A Note On Demographic Shocks In A Multi-Sector Growth Model, Simone Marsiglio, Davide La Torre
Faculty of Business - Papers (Archive)
We introduce demographic shocks in a multi-sector endogenous growth model, a-la Uzawa-Lucas. We show that an analytical solution of the stochastic problem can be found, under the restriction that the capital share equals both the inverse of the intertemporal elasticity of substitution and the degree of altruism. We show that uncertainty lowers the optimal levels of consumption and the physical capital stock, while they do not affect the share of human capital employed in production.