Determinants of Economic Growth in Developing Countries: A Panel Cointegration Approach Zequn (Charlie) Li December 19‚ 2014 Economics 385 St. Olaf College Abstract Many factors influence the economic growth process. Especially‚ the inflow of foreign direct investment (FDI) has been found to play a crucial role in the economic growth of receiving countries. This paper examines determinants of economic growth in developing countries from 1991 to 2010. Using panel cointegration approach
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National Junior Honor Society I want to be a member of the Davis National Junior Honor Society because I am eager to give it all my best to be an outstanding leader. I believe leadership is a great thing to have in my life. It would make a difference in my life and other people’s. It would be an honor to be chosen! I feel that I should be one of them; I being in this program would show that I am not here in school for drama‚ gossip‚ etc. I am here for my education. Yes to
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tional honor Kourtni Birgy 10573 Hager Rd Fife Lake‚ Michigan 49633 April 7‚ 2011 Re: National Honors Society To Whom It May Concern‚ I am very pleased to be given the opportunity to join the National Honor Society. This chance shows me that I have achieved my goals in my academics and stood out among other students. I have done my best to achieve everything I have accomplished. It has proven to me that my determination‚ intelligence‚ and work ethic through years have resulted in
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ONE INTROUDCTION 1.1 BACKGROUND OF STUDY The current period in the world economy is regarded as period of globalization and trade liberalization. In this period‚ one the crucial issues in development and international economics is to know whether trade openness indeed promotes growth. With globalization‚ two major trends are noticeable: first is the emergence of multinational firms with strong presence in different‚ strategically located markets; and secondly‚ convergence of consumer tastes for the
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allowing the construction of a transcontinental railroad. This started the Industrial Revolution by igniting a new need for innovation. Work on the railroad started right away‚ but there was an enormous pressure on the railroad companies to finish so the railroad would be functional. The desire for completion caused an accelerated Industrial Revolution because railroad companies needed to develop new inventions‚ allow for a growth in industry‚ and establish a new free market. The railroad companies‚ the
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The Industrial Revolution Many of us cannot imagine life with out the mall or better yet life with out a cell phone. We take for granted being fortunate enough to be born a child of the new millennium. With our convenience however comes ignorance. We forget about the time when it took a year for a letter to get delivered from the east coast to the west coast. We forget that we did not just appear to be in this country and that everything was already here. The era that changed all that was
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and beyond‚ by volunteering my summers to help with Wilderness Nature camp‚ working weekly at The Cat House‚ and volunteering around the community as often as I could. I was also a part of student council and NHS in school and was on the leadership teams of both organizations. For my school’s National Honor Society chapter‚ I was the Memorial Garden Chair‚ and planned many events to help improve the environment around my high school‚ from weekly clean ups to picking up trash all around the building
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Evaluate the extent to which differing ideas of national identity shaped views of United States overseas expansion in the late nineteenth and early twentieth centuries During the late nineteenth and early twentieth centuries‚ the United States began to prosper domestically and internationally due to America’s second Industrial revolution and their advancement towards becoming a World Power. America’s emergence as a World Power brought about ambitious ideas of imperialism as opportunities for America
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1. INTRODUCTION Despite its overwhelming small physical size and lack of natural resources‚ the Singapore economy has experienced rapid economic development since its independence in 1965. Within those few decades‚ Singapore has metamorphosed from a third world country to one of the countries with the highest GDP globally (292% of global average in 20131). GDP grew with an average of 7.7% since independence; and topped 9.2% in the first 25years. Per capita GDP over the same periods grew by 5.4%
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After the 1880s‚ the United States faced economic growth and an increase in global engagement. During this time there were more advancements like industrialization‚ foreign investments‚ foreign trade and others. Economic growth and global engagement both have their effects on each other. If the economy began to grow‚ the U.S. would have/see more global engagement and vice versa. Even so‚ there was still instability in America but recovered quickly. Economic factors influenced a lot of the U.S.’s involvement
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