Affordability Sensitive To Economic Growth Rates

2004 ◽  
Vol 23 (1) ◽  
pp. 276-277
Author(s):  
Michael Schlander ◽  
Christian Thielscher ◽  
Oliver Schwarz
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Economic Growth Rates

scholarly journals A NOTE ON ECONOMIC GROWTH WITH SUBSISTENCE CONSUMPTION

2010 ◽  
Vol 14 (5) ◽  
pp. 763-771 ◽  
Author(s):  
Holger Strulik
Keyword(s):  
Economic Growth ◽  
Growth Model ◽  
Growth Rates ◽  
Degree Of Freedom ◽  
Controversial Issue ◽  
Historical Evolution ◽  
Transitional Dynamics ◽  
Economic Growth Rates ◽  
Over Time ◽  
Savings Rates

It is well known that the performance of simple models of economic growth improves substantially through the introduction of subsistence consumption. How to compute subsistence needs, however, is a difficult and controversial issue. Here, I reconsider the linear (Ak) growth model with subsistence consumption and show that the evolution of savings rates and economic growth rates over time is independent of the size of subsistence needs. The model is thus more general and less subject to arbitrariness than might have been thought initially. Quantitatively, it is shown that, although there is no degree of freedom to manipulate transitional dynamics, the model approximates the historical evolution of savings rates and growth rates reasonably well.

The Effects of Human Rights on Economic Growth, 1965 to 2010

2016 ◽  
Vol 2 (4) ◽  
pp. 375-412 ◽  
Author(s):  
Wade M. Cole
Keyword(s):  
Economic Growth ◽  
Human Rights ◽  
Growth Rates ◽  
Research Question ◽  
Civil Liberties ◽  
Domestic Investment ◽  
Reverse Causality ◽  
Bodily Integrity ◽  
Explanatory Factors ◽  
Economic Growth Rates

A long-standing research question asks whether democracy promotes or inhibits development, but relatively few studies explore the developmental consequences of human rights. I analyze the effect of respect for bodily integrity rights and civil liberties on economic growth rates, measured as percentage changes in gross domestic product over pooled five-year intervals, for 138 countries between 1965 and 2010. Bodily integrity rights entail fundamental protections against torture, political imprisonment, extrajudicial killing, and disappearances. Civil liberties include the freedoms of speech, assembly, religion, and movement. The analyses make use of estimators designed to isolate causal directionality. I find that improvements in countries’ rated bodily integrity practices boost economic growth rates, even after accounting for other important explanatory factors and the possibility of reverse causality. Additional analyses suggest that this effect operates largely through increased domestic investment. Static levels in bodily integrity scores, conversely, have no effect on growth; neither do static levels of or dynamic changes in civil liberties.

Economic Growth Rates and Exports of Bangladesh: The Bengal Tiger?

2019 ◽  
Vol 39 (3) ◽  
pp. 285-303 ◽  
Author(s):  
Mohammad Rafiqul Islam
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Foreign Aid ◽  
Growth Model ◽  
Growth Rates ◽  
Poor Country ◽  
Balanced Growth ◽  
The Status ◽  
Bengal Tiger ◽  
Economic Growth Rates

Global images of Bangladesh as a desperately poor country in need of foreign aid require revision in light of recent statistics that confirm impressive economic growth rates despite protracted political problems and climate-related risks. The article presents and discusses statistical evidence relating to recent economic growth rates of Bangladesh in terms of export, import and gross domestic product. This confirms the status of the country as a new tiger economy, moving away from its traditional dependence on agriculture. However, excessive reliance on exports of ready-made garments is found to be risky, while a more balanced growth model with a diverse basket of exports seems advisable.

scholarly journals Factors of China’s International Competitiveness and the Sustainability of its Economy under the COVID-19 Pandemic (the Case Study for BRICS)

2021 ◽  
Vol 244 ◽  
pp. 10020
Author(s):  
Tatiana Podolskaya ◽  
Maria Singkh
Keyword(s):  
Economic Growth ◽  
Structural Analysis ◽  
Growth Rates ◽  
Large Scale ◽  
International Competitiveness ◽  
Key Factors ◽  
Brics Countries ◽  
The Face ◽  
Economic Growth Rates

The risks and large-scale losses faced by the international community during the COVID-19 pandemic led to a recession in 2020. In these circumstances, of particular interest is the experience of China, which was able to maintain positive economic growth rates, demonstrating a unique resilience to modern challenges. The main objective of the study presented here is a statistical and structural analysis of the factors that ensure China’s international competitiveness and the resilience of its economy in the face of the COVID-19 pandemic. The analysis is expected to show which key factors of China’s international competitiveness have made its economy resilient to the challenges of the COVID-19 pandemic. The authors also hope to identify which promising developments, similar to China’s, will enhance the international competitiveness of the BRICS countries.

scholarly journals Book review: Steve Keen, Debunking economics

10.26458/1427 ◽  
2014 ◽  
Vol 14 (2) ◽  
pp. 65
Author(s):  
Darío Ibarra ZAVALA
Keyword(s):  
Economic Growth ◽  
Economic Crisis ◽  
Growth Rates ◽  
The World ◽  
Economic Growth Rates

The world has reduced its economic growth rates since several decades ago. Besides, there have been periods of economic “moderation” and economic crisis. Prior to the crisis of 2008, the world seemed to be running properly, but suddenly things changed and mainstream economists were not able to explain the account of this crisis. .....

scholarly journals Using a Standard Model to Identify the Saving Determinants in the Kingdom of Saudi Arabia

2021 ◽  
pp. 32-41
Author(s):  
Tarek Ali Ahmed Abdallah ◽  
Mohammed Salah El-Din Abdel Aziz
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Gross Domestic Product ◽  
Growth Rates ◽  
Domestic Product ◽  
Positive Interaction ◽  
Factors Affecting ◽  
Coverage Ratio ◽  
Domestic Savings ◽  
Economic Growth Rates

Low savings are an important factor in low economic growth rates. Saudi Arabia faces many future challenges, e.g., maintaining the gross domestic product, improving economic growth rates, providing job opportunities, as well as decreasing unemployment and nationalization rates. Therefore, the present research paper aims to identify the most important factors affecting domestic savings in Saudi Arabia by building a simultaneous equations model to measure interactions and interrelations between variables using 3SLS. The results showed a significant positive interaction between variables. Increasing domestic savings by 1% increased local investment by 0.957%, whereas increasing the investment coverage ratio by 1% increased local investment by 0.971%. Moreover, increasing local investment by 1% increased gross domestic product by 0.136%, while decreasing the rate by 1% increased gross domestic product by 0.334%. Increasing population by 1% increased gross domestic product by 1.520%. In short, these factors conveyed high rates of response.

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