long-run
Patience and long run growth
... Secondly, we contribute to the empirical studies on the relationship between culture and growth. So far, economists studying this topic have looked at the relationship between ethnic diversity and growth (Easterly and ...
10
Short Run and Long Run Co Movements in the Income Consumption Relationship
... Theoretical arguments and common wisdom have it that income drives con- sumption in long run implying income and consumption are drifting upward or downward together at roughly the same rate. Variants have ...
6
Production Technology and Carbon Emission: Long run relation with Short run Dynamics
... the long run equilibrium relationship between technological progress, economic growth and carbon emissions with short run ...the long run equilibrium relationship among CO 2 emission, ...
24
Trade and GDP Growth in Morocco: Short run or Long run Causality?
... Many arguments can be put forward to explain the weakness of causality relations between growth and foreign trade in Morocco. The Moroccan economy depends more on climatic conditions than on foreign trade especially in ...
10
Short run vs long run cooperation among the G 20 countries
... Nevertheless, cooperation can be accomplished under uncertainty if countries are held accountable for their actions, and are transparent in their decision making, continuously and for a long period of time. In ...
33
Non Performing Loans and Universal Bank’s Profitability
... shocks converges back to the long run equilibrium in the current year. According to Kremers, Ericsson, and Dolado (1992) and Bahmani-Oskooee (2001), a relatively more efficient way of establishing ...
26
The Dual Economy in Long run Development
... From this common starting point, each simulation is run forward for 200 periods. Figure 5 compares the path of several variables across the different productivity regimes. Panel (A) shows the ratio of agriculture ...
29
State capacity and long run performance
... The next subsection further examines the role of critical junctures and institutional change. A valid depiction of parliamentary authority must capture its real power to act on the budget. It must also be clear and ...
53
Inclusive Institutions and Long Run Misallocation
... This research advances the hypothesis that resource abundant economies characterized by a socially cohesive workforce and network externalities triggered the emergence of e¢ciency- enhancing inclusive institutions ...
47
Estimating the Long Run Creditworthiness of Pakistan
... includes legal quantity of external obligations due and also the actual payments made in years where debt rescheduling occurred. However, the years where debt rescheduling did not occur only includes the actual payments ...
21
The long run effects of the scramble for Africa
... The ACLED database is quite rich as there are 43 , 271 incidents of political violence over the period 1997 − 2010. Political violence is understood as the use of force by a group with a political purpose or motivation. ...
86
Short run and Long run Effects of Capital Taxation on Innovation and Economic Growth
... It would not be di¢cult to understand the intuition underlying the positive growth e¤ect given that we have already shown the importance of equilibrium labor input on economic growth from previous discussion. In the ...
27
Money and Long run Growth
... the long-run project, which needs two periods to complete and to yield an ...the long-run project has a pos- itive externality that guarantees endogenous improvement of the productivity level ...
34
Lucas Paradox in The Long Run
... Alfaro . (2008) argued that it is more appropriate to use time averaged variables for elucidating the long run relationships. Figure 1 shows the trends of twelve components of the composite index for the ...
26
Short-run and long-run determinants of the price of gold
... the long run, it is also true that, outside of periods when the gold price was fixed through various iterations of the gold standard, it has fluctuated significantly in the shorter term, sometimes for years ...
68
Etimating NAIRU: the Morocco case
... the long run relationship indicates that the unemployment rate, the price of added value and the productivity of labor affect negatively the inflation ...
15
Estimating Import Demand Function in ARDL Framework: The Case of Pakistan
... a long- run relationship among the variables included in the long run import demand ...The long-run estimates of the activity variables (GDP-exports) and price elasticities are ...
27
Modelling Government Expenditure Poverty Nexus for Ghana
... lags on each variable. The Johansen test has two main forms, the trace test, and the eigenvalue test, which are equivalent test, are used to test the long run hypothesis. The null hypothesis for the trace ...
12
Economic growth In the long run
... We present new data on real output per worker, schooling per worker, human capital per worker, real physical capital per worker for 168 countries. The output data represent all available data from Maddison. The physical ...
72
Long run trend, Business Cycle & Short run shocks in real GDP
... 3 he path of economic growth for any country depends on a number of factors including structural changes in the economy, natural calamities, political instabilities, global recessionary trends, self-feeding business ...
14