Author: Mr.Christian H. Beddies
Publisher: International Monetary Fund
ISBN: 1451853998
Category : Business & Economics
Languages : en
Pages : 33
Book Description
This paper considers the potential variables that have determined economic growth in The Gambia during 1964–98. The results indicate that The Gambia’s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
Investment, Capital Accumulation, and Growth
Author: Mr.Christian H. Beddies
Publisher: International Monetary Fund
ISBN: 1451853998
Category : Business & Economics
Languages : en
Pages : 33
Book Description
This paper considers the potential variables that have determined economic growth in The Gambia during 1964–98. The results indicate that The Gambia’s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
Publisher: International Monetary Fund
ISBN: 1451853998
Category : Business & Economics
Languages : en
Pages : 33
Book Description
This paper considers the potential variables that have determined economic growth in The Gambia during 1964–98. The results indicate that The Gambia’s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
Capital Fundamentalism, Economic Development, and Economic Growth
Author: Robert Graham King
Publisher: World Bank Publications
ISBN:
Category : Capital
Languages : en
Pages : 53
Book Description
Should our research and policy advice be guided by a modern version of capital fundamentalism, in which capital and investment are viewed as the primary determinants of economic development and long- run growth? No. Capital accumulation seems to be part of the process of economic development, not its igniting source.
Publisher: World Bank Publications
ISBN:
Category : Capital
Languages : en
Pages : 53
Book Description
Should our research and policy advice be guided by a modern version of capital fundamentalism, in which capital and investment are viewed as the primary determinants of economic development and long- run growth? No. Capital accumulation seems to be part of the process of economic development, not its igniting source.
Capital, Accumulation, and Money
Author: L.D. Taylor
Publisher: Springer Science & Business Media
ISBN: 1475747098
Category : Business & Economics
Languages : en
Pages : 271
Book Description
Capital, Accumulation, and Money: An Integration of Capital, Growth, and Monetary Theory is a book about capital. A root concept of capital is developed which allows for most existing concepts of capital to be unified and related to one another in consistent fashion. Such a root concept of capital offers a framework for integrating monetary and capital theory, and for analyzing the functioning of an economy, whether that economy is in a steady state of subsistence or in a process of sustainable growth. Specifically, it is shown that a conservation principle emerges that both implies and imposes a variety of constraints on the macro behavior of an economy, constraints which make for straightforward understanding and analysis of such concepts as the real stock of money, real-balance effects, and the general price level. New and illuminating insights are also provided into aggregate supply and demand, natural and money rates of interest, the relationship between real and monetary economies, and economic growth and development.
Publisher: Springer Science & Business Media
ISBN: 1475747098
Category : Business & Economics
Languages : en
Pages : 271
Book Description
Capital, Accumulation, and Money: An Integration of Capital, Growth, and Monetary Theory is a book about capital. A root concept of capital is developed which allows for most existing concepts of capital to be unified and related to one another in consistent fashion. Such a root concept of capital offers a framework for integrating monetary and capital theory, and for analyzing the functioning of an economy, whether that economy is in a steady state of subsistence or in a process of sustainable growth. Specifically, it is shown that a conservation principle emerges that both implies and imposes a variety of constraints on the macro behavior of an economy, constraints which make for straightforward understanding and analysis of such concepts as the real stock of money, real-balance effects, and the general price level. New and illuminating insights are also provided into aggregate supply and demand, natural and money rates of interest, the relationship between real and monetary economies, and economic growth and development.
Capital Accumulation and Economic Growth
Human Capital and Economic Growth
Author: Alberto Bucci
Publisher: Springer Nature
ISBN: 3030215997
Category : Business & Economics
Languages : en
Pages : 384
Book Description
This edited collection explores the links between human capital (both in the form of health and in the form of education), demographic change, and economic growth. Using empirical as well as theoretical perspectives, the authors investigate several important issues in the context of human capital, namely population ageing, inequality, public policy, and long-term economic development. Ultimately, they demonstrate that the accumulation of human capital is of crucial importance to long-run economic growth.
Publisher: Springer Nature
ISBN: 3030215997
Category : Business & Economics
Languages : en
Pages : 384
Book Description
This edited collection explores the links between human capital (both in the form of health and in the form of education), demographic change, and economic growth. Using empirical as well as theoretical perspectives, the authors investigate several important issues in the context of human capital, namely population ageing, inequality, public policy, and long-term economic development. Ultimately, they demonstrate that the accumulation of human capital is of crucial importance to long-run economic growth.
The Accumulation of Capital
Author: J. Robinson
Publisher: Springer
ISBN: 0230306667
Category : Business & Economics
Languages : en
Pages : 463
Book Description
In this classic work Joan Robinson goes back to the beginning and works out the basic theory that is needed for a coherent treatment of the problems that present themselves in a developing economy. This new edition features a new introduction, which discusses the great significance of Robinson's work.
Publisher: Springer
ISBN: 0230306667
Category : Business & Economics
Languages : en
Pages : 463
Book Description
In this classic work Joan Robinson goes back to the beginning and works out the basic theory that is needed for a coherent treatment of the problems that present themselves in a developing economy. This new edition features a new introduction, which discusses the great significance of Robinson's work.
Economic Growth and Instability
Author: Daniel Hamberg
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 360
Book Description
Hamberg examines the contemporary literatire dealing with economic growth and the theories it involves.
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 360
Book Description
Hamberg examines the contemporary literatire dealing with economic growth and the theories it involves.
The Effects of Taxation on Capital Accumulation
Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241785
Category : Business & Economics
Languages : en
Pages : 501
Book Description
Research on capital formation has long been a major focus of studies sponsored by the National Bureau of Economic Research because of the crucial role of capital accumulation in the process of economic growth. The papers in this volume examine the influence of taxes on capital formation, with specific focus on the determinants of saving and the process of investment in plant and equipment.
Publisher: University of Chicago Press
ISBN: 0226241785
Category : Business & Economics
Languages : en
Pages : 501
Book Description
Research on capital formation has long been a major focus of studies sponsored by the National Bureau of Economic Research because of the crucial role of capital accumulation in the process of economic growth. The papers in this volume examine the influence of taxes on capital formation, with specific focus on the determinants of saving and the process of investment in plant and equipment.
Capital Formation and Economic Development
Author: P. N. Rosenstein-Rodan
Publisher: Routledge
ISBN: 1136877045
Category : Business & Economics
Languages : en
Pages : 165
Book Description
First published in 1964, this series of studies, compiled by the India team of Centre of International Studies at MIT, represents an important contribution to methods in planning for development, which will be of relevance to all those working in the field, irrespective of country. The results are demonstrated on examples taken from the Third Five-Year Plan and from some of the papers which underlay it.
Publisher: Routledge
ISBN: 1136877045
Category : Business & Economics
Languages : en
Pages : 165
Book Description
First published in 1964, this series of studies, compiled by the India team of Centre of International Studies at MIT, represents an important contribution to methods in planning for development, which will be of relevance to all those working in the field, irrespective of country. The results are demonstrated on examples taken from the Third Five-Year Plan and from some of the papers which underlay it.
Capital, Accumulation, and Money
Author: Lester D. Taylor
Publisher:
ISBN: 9781441900180
Category :
Languages : en
Pages : 308
Book Description
Publisher:
ISBN: 9781441900180
Category :
Languages : en
Pages : 308
Book Description