Search Results

You are looking at 1 - 10 of 11,407 items for :

Clear All
Open access

K.O. Oyedotun, E. Ajenifuja, B. Olofinjana, B.A. Taleatu, E. Omotoso, M.A. Eleruja and E.O.B. Ajayi

References [1] F lores -G onzalez M.A., V illanuevalbanez M., D iazde L.S.J.L., SMCSYV , 19 (2006), 23. [2] X u X.H., J iang X.F., L i X.L., C hen Y., G ehring G. A., Appl. Surf. Sci. , 258 (2008), 4956. [3] A sogwa P.U., E zugwu S.C., E zema F.I., E kwealor A.B.C., E zekoye B.A., O suji R.U., J. Optoelectron. Adv. M. , 11 (2009), 940. [4] S chroder D.K., Semiconductor Material and Device Characterization , John Wiley & Sons, New York, 2006. [5] A jayi E. O.B., M. Sc. Thesis , Urbana Illinois, 1970. [6] M

Open access

Gitana Dudzevičiūtė and Agnė Šimelytė

References Abbas, S., 2012. Causality between Exports and Economic Growth: Investigating Suitable Trade Policy for Pakistan. Eurasian Journal of Business and Economics, 5 (10), 91-98. Adewuyi, A., and Adeniyi, O., 2015. Trade and Consumption of Energy Varieties: Empirical Analysis of Selected West Africa Economies. Renewable & Sustainable Energy Reviews, 47 , 354-366. doi: http://dx.doi.org/10.1016/j.rser.2015.03.019 Ahmed, M., and Azam, M., 2016. Causal Nexus between Energy Consumption and Economic Growth for High, Middle and Low Income

Open access

Monaheng Seleteng and Sephooko Motelle

, S. (1991). Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations. Review of Economic Studies, 58 , 277-297. 8. Arellano, M., and Bover, O. (1995). Another Look at Instrumental Variables Estimation of Error Components Models. Journal of Econometrics, 68 , 29-51. 9. Arrow, K.J. (1962). “The Ecoomic Implications of Learning by Doing,” Review of Economic Studies. 29: 155-173. 10. Balasubramanyam, V.N., Salisu, M. and Sapsford, D. (1996), “Foreign direct investment and growth in EP and IS

Open access

Panagiotis Pegkas and Constantinos Tsamadias

. Oxford Bulletin of Economics and Statistics, 58, 9-28. 14. Gong, G., Greiner, A. and Semmler, W. (2004). The Uzawa-Lucas model without scale effects: theory and empirical evidence. Structural Change and Economic Dynamics, 15(4), 401-420. 15. Granger, C.W.J. (1969). Investigating causal relations by econometric models and cross-spectral methods. Econometrica, 37, 424-438. 16. Granger, C.W.J. (1988). Some recent developments in the concept of causality. Journal of Econometrics, 39, 199-211. 17. Gyimah-Brempong, K., Paddison, O. and Mitiku

Open access

Klimis Vogiatzoglou and Lien Phuong Nguyen

Abstract

Particularly in an emerging or developing economy context, generating sufficient tax revenues is essential for the provision and upkeep of well-needed public infrastructure/public capital that supports the development process. However, tax policy can also cause distortionary and negative effects to economic activity and growth, especially if excessive taxation is imposed. The aim of this paper is to examine the role of tax revenues and estimate its overall net impact on economic growth in emerging economies in Asia. The dataset covers emerging economies from South, Southeast, and East Asia during 1998-2015. The results show that tax revenues have an overall positive net impact on the growth rate of real GDP per capita, suggesting the positive effects associated with taxation outweigh the negative and distortionary effects of taxation. Thus, evidence is found that the collection of adequate amounts of tax revenues (with which public investments were financed) contributed significantly to economic development.

Open access

Themba G. Chirwa and Nicholas M. Odhiambo

Abstract

The paper conducts a qualitative narrative appraisal of the existing empirical literature on the key macroeconomic determinants of economic growth in developing and developed countries. Much as other empirical studies have investigated the determinants of economic growth using various econometric methods, the majority of these studies have not distinguished what drives or hinders economic growth in developing or developed countries. The study finds that the determinants of economic growth are different when this distinction is used. It reveals that in developing countries the key macroeconomic determinants of economic growth include foreign aid, foreign direct investment, fiscal policy, investment, trade, human capital development, demographics, monetary policy, natural resources, reforms and geographic, regional, political and financial factors. In developed countries, the study reveals that the key macroeconomic determinants that are associated with economic growth include physical capital, fiscal policy, human capital, trade, demographics, monetary policy and financial and technological factors.

Open access

Paula Puškárová and Štefan Zajac

diferentials and the business cycle. Economic Systems, 37(2), pp. 284-301. Ministry of Economy (2007), Innovation Strategy of the Slovak Republic for 2007-2013 (in Slovak), Bratislava 2007. Ministry of Economy (2008), Innovation Policy in the Slovak Republic for 2008-2010 (in Slovak), Bratislava 2008. Ministry of Economy (2011), Innovation Policy for 2011-2013 in the authority of the Ministry of Economy (in Slovak), Bratislava 2011. OECD (2010), OECD Economic Surveys: Slovak Republic 2010, Paris 2010. Onaran, O., Stockhammer, E. (2008), The efect of FDI and

Open access

Stanisław Gomułka

{array}{} {\it \Upsilon}=F(K,TN) \end{array} $$ (1) T ′ = H ( E , T ) $$\begin{array}{} T'=H(E,T) \end{array} $$ (2) E = E ( M , T V ) $$\begin{array}{} E=E(M,TV) \end{array} $$ (3) V = R λ L 1 − λ , 0 < λ < 1 $$\begin{array}{} V=R^\lambda L^{1-\lambda},0\lt \lambda \lt 1 \end{array} $$ (4) L = N + R = L o exp ⁡ ( n t ) , n ≥ 0 $$\begin{array}{} L=N+R=L_o \exp(nt),\,n\geq 0 \end{array} $$ (5) where T’ in equation (2) is the change in T per unit of time, as a result of research and education effort E. In the original model T’ represents technological

Open access

Mihaela Simionescu

., & Weil, D. N. (1990). A contribution to the empirics of economic growth (No. w3541). National Bureau of Economic Research. 15. Mielcová, E., 2011. Economic Growth and Unemployment Rate of the Transition Country – the Case of the Czech Republic 1996-2009. E & M: Ekonomie a Management, 1/2011, 29-37. 16. Murphy, K. M., & Topel, R. H. (2016). Human capital investment, inequality and economic growth (No. w21841). National Bureau of Economic Research. 17. Neagu, O., & Dima, S. (2017). Impact of Globalisation on Economic Growth in Romania: An Empirical

Open access

Bashir Olayinka Kolawole

REFERENCES Abuja Fact (2015). “Over 110 million Nigerians are living in poverty – VP Osinbajo”. Retrieved from http://www.abujafacts.ng Acemoglu, D., Johnson, S., & Robinson, J.A. (2005). Institutions as the fundamental cause of long-run growth. In Aghion, P. and S. Durlauf (eds.) Handbook of Economic Growth . http://elsa.berkeley.edu/~chad/Handbook.html Adedeji, O.S., Du, H., & Opoku-Afari, M. (2013). Inclusive growth: An application of the social opportunity function to selected African countries. IMF Working Paper WP/13