elsevier.nl / locate / econbase Fiscal policy and growth: evidence from OECD countries Richard Kneller a ‚ Michael F. Bleaney b ‚ *‚ Norman Gemmell b a b National Institute for Economic and Social Research‚ London‚ UK School of Economics‚ University of Nottingham‚ Nottingham‚ UK Received 1 October 1998; received in revised form 1 December 1998; accepted 1 December 1998 Abstract Is the evidence consistent with the predictions of endogenous growth models that the structure of taxation and public
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Population Growth The effects of population growth on economic development differ between the developed and developing countries. In the developed countries‚ population growth has enhanced the growth of such economies because they are wealthy‚ have abundant capital and scarcity of labour. O n the contrary the consequences of rapid population growth on the development of LDCs are not the same. Most developing countries are poor‚ capital scarce and labour abundant; and therefore population growth aversely
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Recall that in the Harrod-Domar‚ Kaldor-Robinson‚ Solow-Swan and the Cass-Koopmans growth models‚ we have maintained‚ either explicitly or implicitly‚ that technical change is "exogenous". In the Schumpeter version‚ this was not true: we had "swarms" of inventors arising under particular conditions. The Smithian and Ricardian models also had technical change arising from profit-squeezes or‚ in the particular case of Smith‚ arising because of previous technical conditions. Allyn A. Young (1928)
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%-6% growth seen next year Private sector takes over as growth driver THE Malaysian economy is projected to grow by between 5% and 6% in 2011‚ spurred by domestic demand as the private sector takes over as the driver of growth. Private investment activity‚ which turned positive in 2010‚ is envisaged to contribute significantly to economic growth. The idea of the private sector leading growth stems from the start of 52 private finance initiatives (PFI) over the 10th Malaysia Plan (10MP) period
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Inclusive Growth India’s economic growth after 1990s has made it one of the world’s fastest growing economies in the world. Its GDP growth rates of up to about nine per cent in the last few years are historically unparalleled except by neighbouring China. This is particularly relevant considering the large size of the country’s population. With the rapid growth rates‚ however‚ come new challenges and new questions One such challenging question concerns the spread of the benefits of growth across different
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objectives Immelt has set for GE? Can a giant global Conglomerate hope to outperform the overall market growth? Can size and diversity be made an asset rather than a liability? 3. What is your evaluation of the growth strategy (a strategy for a giant global conglomerate with a portfolio of mature industrial businesses) Immelt has articulated? Is he betting on the right things to drive growth? 4. How does this case illustrate how strategic intent needs to be matched by both organizational capability
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Assignment beginning 9/12 PERSONAL GROWTH PROJECT Make sure your completed personal growth project is delivered through the Digital Drop Box by 12/10 The purpose of the project is to relate readings from the textbook to create your own personal growth experiences. (You can also get ideas for personal growth projects from "self-help" psychology books as long as they are written by a psychologist.) You need to define four personal growth ideas you have learned that you can use to improve
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Earlier this week‚ we did a focused free write on the topic of Malcolm’s trip to Mecca‚ and I would like to expand on this by emphasizing the topic of mindset‚ specifically growth mindset. When you are confronted with a problem‚ do you A) Try to solve it‚ or B) Ignore it? Your answer to this is probably determined by the kind of mindset you have. Mindset‚ according to the dictionary’s definition is “the established set of attitudes held by someone.” I believe that mindset is your attitude that shapes
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TELUS Case Study: "The Future is Friendly" Telecommunication is a large and ever growing industry. Communication worldwide has transformed itself from hand written letters‚ to the home phone‚ to mass communication through wireless devices and internet capabilities. TELUS is one of the corporations competing internationally for customer usage and advancing communication technology. For TELUS‚ being a telecommunication company is more than providing telephone services; The use of voice‚ data‚
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Interests in the study of economic growth and development have been on the increase especially since the middle of the present century. Economic growth results in the expansion of a country’s production possibility curve such that the potential output of the country is increased beyond the previous levels. Thus growth is often defined in terms of a sustained increase in the real per capita income of a country. Simon Kuznets in (Todaro‚ 1885)‚ defined a country’s economic growth as “a long term rise in the
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