Structural change and economic dynamics
On the predictability of economic structural change by the Poincaré Bendixson theory
... the structural dynamics) is an interesting and very extensive topic for further research that could help to establish the validity of Property 3 (and the Poincaré-Bendixson theory) in structural ...
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An Extension of the Structural Change Model to International Economic Relations
... In this paper Pasinetti’s model of structural economic dynamics (1981) is exte nded to consider international economic relations. Conditions for full employment, full expenditure of income and ...
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The dynamics of fiscal policy in Algeria: sustainability and structural change
... In 2018, the authorities changed their economic strategy. They adopted an expan- sionary budget for 2018 aimed at clearing arrears and supporting public investment. Reluctant to borrow externally or let the ...
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Structural change, economic growth and environmental dynamics with heterogeneous agents
... of structural change by focusing on the channel of labor costs and labor productiv- ity, but we will attempt to also adopt a distributive perspective and to abandon a classification between clean and a ...
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A topological approach to structural change analysis and an application to long run labor allocation dynamics
... there, structural change (in a country) can be described by a trajectory on the standard simplex, where the trajectories (of different countries) can be characterized by the topological notions of ...
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Structural change, marginal land and economic development in Latin America and the Caribbean
... of economic activities differ significantly and may also be geographically separated, they are linked by labor use, as the rural populations on marginal land form a large pool of surplus unskilled labor that can ...
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Pasinetti’s Structural Change and Economic Growth: a conceptual excursus
... Neumann proportional dynamics to analyse systems undergoing technical change. But then, how come the analysis of the Dynamic Input-Output model had al- ready been carried out with an explicit identification ...
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The Chinese Phillips curve – inflation dynamics in the presence of structural change
... Many economic time series occasionally exhibit dramatic breaks in their behaviour, associated with events such as financial crises or abrupt changes in government policy (Hamilton ...tremendous structural ...
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Structural Change and Economic Growth in Schengen Region
... The structural change of economy entails that in the long run how the dynamics of three main sectors ...Shares, Economic Growth, Panel Data, Co-integration, Error Correction ...
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Structural change and models of structural analysis: theories, principles and methods
... of structural change 12 ...the dynamics of stock-flow relationships accounts for one aspect of economic change only: what can be explained in terms of invariant structural ...
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Structural change and regional employment dynamics
... to structural change, since our framework decidedly points at the dynamic conse- quences of a substitution of one product by ...important economic variables, whereas in a completely symmetric case ...
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Inflation dynamics: A structural econometric analysis
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Structural Change and the Fertility Transition
... the structural change for the fertility transition in the American South are substantial: the shift away from agriculture explains about 29 percent of the overall marital fertility decline over the sample ...
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Structural Change and Growth in India
... The standard test for structural change (Chow, 1960) requires the assumption that the break date is known a priori (Hansen, 2001). One potential solution to this problem is to treat the break date as ...
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Economic system dynamics
... textbook economic theory, and consequently pointed out that the neo-classical supply-demand curves do not occur empirically in microeconomic ...for economic models defined by optimization and control via ...
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Review of Economic Dynamics
... Measurement of residual wage dispersion • Empirical counterpart of theory: wage observations for ex-ante similar workers searching in the same labor market • Three key data issues: 1.. D[r] ...
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Bootstrapping Structural Change Tests
... In the case where there are no endogenous regressors in the equation of interest, our framework reduces to a linear model estimated by OLS. For this set-up, Hansen (2000) proposes the wild fixed-design bootstrap to test ...
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Structural Change and Macrodynamic Capabilities
... In this paper we intend to show that the Evolutionary approach may be adopted to endogenize technical progress in the Structural Economic Dynamic – SED hereafter – approach. Besides we intend to show the ...
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Structural Dynamics in Riders to the Sea
... Structurally the play contains five basic motive forces: the investigation of the identity of the bundle of clothes which Nora gets from the young priest; the desire to prevent Bartley's[r] ...
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Structural Dynamics in FBR (J332)
... MV contains the radioactive primary sodium and supports the core through grid plate (GP) and core support structure (CSS). There are two sets of absorber rods (AR), viz. Control and Safety Rods (CSR) (9 numbers) and ...
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