Ability to Absorb Knowledge and Endogenous Economic Growth: Expansion of Romer Economic Model

Author(s):  
Zhiyuan Zhu
2019 ◽  
Vol 26 (5) ◽  
pp. 746-763 ◽  
Author(s):  
Federico Inchausti-Sintes

Two processes can be used to summarize the productive-mix of a tourism-led economy: the lack of a significant secondary sector and strong tertiarization. Both developments have had significant consequences for productivity gains that, as shown by empirical research, are key to understanding economic progress. In fact, this productivity has been predominantly concentrated in the industrial sector while services have relied more on factor accumulation. However, this varying economic pattern has permitted long-lasting economic growth in current tourism-led economies. This article develops a theoretical dynamic economic model (a dynamic CGE model) to explain the beginning, development and long-term growth consequences of tourism-led economies.


2018 ◽  
Vol 39 (1) ◽  
Author(s):  
Victor Court ◽  
Pierre-Andr� Jouvet ◽  
Fr�d�ric Lantz

2017 ◽  
Vol 20 (3) ◽  
pp. 437-449 ◽  
Author(s):  
Carla Marchese ◽  
Fabio Privileggi

Author(s):  
Nelu Mocanu

The purpose of any modern economic politics is to ensure the stability and economic growth. In order to achieve this goal, each economic agent models (builds) an individual economic strategy. The building of the actual economic model is influenced by many factors – political, geographical, national, and cultural. Today, by the notion of crisis, we understand an aggravation of the discrepancies of the social-economic system that threaten its stability. Specialist that deal with problems of crisis management claim that measures must be taken when the financial results of the enterprise become unsatisfactory, when symptoms of an unfavorable situation of the activity of enterprise appear. This chapter presents the economic-organizational analysis of the strategies applied in the anti-crisis management.


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