Investment, Capital Accumulation, and Growth

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Publisher : International Monetary Fund
ISBN 13 : 1451853998
Total Pages : 33 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Investment, Capital Accumulation, and Growth by : Mr.Christian H. Beddies

Download or read book Investment, Capital Accumulation, and Growth written by Mr.Christian H. Beddies and published by International Monetary Fund. This book was released on 1999-08-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the potential variables that have determined economic growth in The Gambia during 1964–98. The results indicate that The Gambia’s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.

Capital Fundamentalism, Economic Development, and Economic Growth

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4./5 ( download)

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Book Synopsis Capital Fundamentalism, Economic Development, and Economic Growth by : Robert Graham King

Download or read book Capital Fundamentalism, Economic Development, and Economic Growth written by Robert Graham King and published by World Bank Publications. This book was released on 1994 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should our research and policy advice be guided by a modern version of capital fundamentalism, in which capital and investment are viewed as the primary determinants of economic development and long- run growth? No. Capital accumulation seems to be part of the process of economic development, not its igniting source.

Capital, Accumulation, and Money

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Publisher : Springer Science & Business Media
ISBN 13 : 1475747098
Total Pages : 271 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Capital, Accumulation, and Money by : L.D. Taylor

Download or read book Capital, Accumulation, and Money written by L.D. Taylor and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital, Accumulation, and Money: An Integration of Capital, Growth, and Monetary Theory is a book about capital. A root concept of capital is developed which allows for most existing concepts of capital to be unified and related to one another in consistent fashion. Such a root concept of capital offers a framework for integrating monetary and capital theory, and for analyzing the functioning of an economy, whether that economy is in a steady state of subsistence or in a process of sustainable growth. Specifically, it is shown that a conservation principle emerges that both implies and imposes a variety of constraints on the macro behavior of an economy, constraints which make for straightforward understanding and analysis of such concepts as the real stock of money, real-balance effects, and the general price level. New and illuminating insights are also provided into aggregate supply and demand, natural and money rates of interest, the relationship between real and monetary economies, and economic growth and development.

Investment, Capital Accumulation, and Growth Some Evidence from the Gambia 1964-98

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Investment, Capital Accumulation, and Growth Some Evidence from the Gambia 1964-98 by : Christian Beddies

Download or read book Investment, Capital Accumulation, and Growth Some Evidence from the Gambia 1964-98 written by Christian Beddies and published by . This book was released on 2006 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the potential variables that have determined economic growth in The Gambia during 1964-98. The results indicate that The Gambia`s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment and thus private capital accumulation on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.

Economic Growth and Instability

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Author :
Publisher : Praeger
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.X/5 ( download)

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Book Synopsis Economic Growth and Instability by : Daniel Hamberg

Download or read book Economic Growth and Instability written by Daniel Hamberg and published by Praeger. This book was released on 1978 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hamberg examines the contemporary literatire dealing with economic growth and the theories it involves.

Theories of Technical Change and Investment

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Publisher : Springer
ISBN 13 : 1349234745
Total Pages : 165 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Theories of Technical Change and Investment by : Chidem Kurdas

Download or read book Theories of Technical Change and Investment written by Chidem Kurdas and published by Springer. This book was released on 2016-07-27 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Technology is becoming ever more widely recognised as the crucial element in the explanation of economic growth and business fluctuations. Yet the relationship between investors' rationality and investment strategy remains ill understood, and is often constructed in contradictory fashion. Chidem Kurdas's lucid exploration of the problem provides the basis for a synthesis that should prove extremely useful: it is the most original book if its kind that I know.' Professor Heilbroner, The New School for Social Research, New York What is involved in the rational calculation behind the decision to invest and innovate? This book compares the different answers given to this question, from the early classics to recent new classical and new institutionalist models, in a both rigorous and accessible way.

Economic Growth and Total Capital Formation

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Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Economic Growth and Total Capital Formation by : John W. Kendrick

Download or read book Economic Growth and Total Capital Formation written by John W. Kendrick and published by . This book was released on 1976 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory of Capital

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Publisher : Springer
ISBN 13 : 1349084522
Total Pages : 419 pages
Book Rating : 4.3/5 (49 download)

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Book Synopsis The Theory of Capital by : D C Hagued

Download or read book The Theory of Capital written by D C Hagued and published by Springer. This book was released on 1961-01-01 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Population Growth and Economic Development

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Publisher : National Academies Press
ISBN 13 : 0309036410
Total Pages : 121 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Population Growth and Economic Development by : National Research Council

Download or read book Population Growth and Economic Development written by National Research Council and published by National Academies Press. This book was released on 1986-02-01 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses nine relevant questions: Will population growth reduce the growth rate of per capita income because it reduces the per capita availability of exhaustible resources? How about for renewable resources? Will population growth aggravate degradation of the natural environment? Does more rapid growth reduce worker output and consumption? Do rapid growth and greater density lead to productivity gains through scale economies and thereby raise per capita income? Will rapid population growth reduce per capita levels of education and health? Will it increase inequality of income distribution? Is it an important source of labor problems and city population absorption? And, finally, do the economic effects of population growth justify government programs to reduce fertility that go beyond the provision of family planning services?

The Effects of Taxation on Capital Accumulation

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226241785
Total Pages : 501 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis The Effects of Taxation on Capital Accumulation by : Martin Feldstein

Download or read book The Effects of Taxation on Capital Accumulation written by Martin Feldstein and published by University of Chicago Press. This book was released on 2009-05-15 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research on capital formation has long been a major focus of studies sponsored by the National Bureau of Economic Research because of the crucial role of capital accumulation in the process of economic growth. The papers in this volume examine the influence of taxes on capital formation, with specific focus on the determinants of saving and the process of investment in plant and equipment.

Investment, Capital Accumulation, and Growth

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451899416
Total Pages : 34 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Investment, Capital Accumulation, and Growth by : Mr. Christian H. Beddies

Download or read book Investment, Capital Accumulation, and Growth written by Mr. Christian H. Beddies and published by International Monetary Fund. This book was released on 1999-08-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the potential variables that have determined economic growth in The Gambia during 1964–98. The results indicate that The Gambia’s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment—and thus private capital accumulation—on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.

Capital Accumulation and Economic Growth

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Author :
Publisher :
ISBN 13 :
Total Pages : 74 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Capital Accumulation and Economic Growth by : Shahid Yusuf

Download or read book Capital Accumulation and Economic Growth written by Shahid Yusuf and published by . This book was released on 1985 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to reaffirm certain notions that have provided the foundations of development economics, but which now are coming increasingly under attack: that growth in such pacesetters as the Republic of Korea, Japan and Brazil has principally arisen from capital accumulation; and that investment during the important initial phase of their industrialization was often only distantly related to market forces. The discussion is opened with a brief description of the turmoil sweeping economics and specifically, development economics. Drawing upon this, the paper discusses models derived from the neoclassical paradigm, and compares and contrasts this paradigm of development with the experience of Latin American countries and Japan. In this context, the paper moves to two more eclectic models which are very much in the spirit of development economics. One is the so-called bureaucratic authoritarian model, and the other, a model of Japanese development. In the final section, the study narrows our focus to Korea and show how these models can illuminate Korea's investment policies during the sixties and the seventies. The paper concludes that a simple neoclassical paradigm is not sufficient to explain Korea's successful economic development.

Capital, Accumulation, and Money

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Publisher :
ISBN 13 : 9781441900180
Total Pages : 308 pages
Book Rating : 4.9/5 (1 download)

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Book Synopsis Capital, Accumulation, and Money by : Lester D. Taylor

Download or read book Capital, Accumulation, and Money written by Lester D. Taylor and published by . This book was released on 2010-09-13 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Accumulation of Capital

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Author :
Publisher : Springer
ISBN 13 : 0230306667
Total Pages : 444 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis The Accumulation of Capital by : J. Robinson

Download or read book The Accumulation of Capital written by J. Robinson and published by Springer. This book was released on 2016-11-09 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this classic work Joan Robinson goes back to the beginning and works out the basic theory that is needed for a coherent treatment of the problems that present themselves in a developing economy. This new edition features a new introduction, which discusses the great significance of Robinson's work.

Striving for Growth After Adjustment

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Publisher : World Bank Publications
ISBN 13 : 9780821324844
Total Pages : 304 pages
Book Rating : 4.3/5 (248 download)

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Book Synopsis Striving for Growth After Adjustment by : Luis Serven

Download or read book Striving for Growth After Adjustment written by Luis Serven and published by World Bank Publications. This book was released on 1993 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the results of about three years of work finished in early 1992 in the area of private investment and macroeconomic adjustment. Its purpose is to explore the macroeconomic determinants of investment and the causes and cures for the gap between maroeconomic adjustment and stabilization and the resumption of economic growth in developing countries, a gap that even today - 10 years after the debt crisis and the subsequent adjustment of the eighties - remains wide. This volume highlights the central role of capital formation (public and private) in the restoration of sustainable growth.

Capital Formation and Economic Development

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Author :
Publisher : Routledge
ISBN 13 : 1136877045
Total Pages : 165 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis Capital Formation and Economic Development by : P. N. Rosenstein-Rodan

Download or read book Capital Formation and Economic Development written by P. N. Rosenstein-Rodan and published by Routledge. This book was released on 2013-01-11 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1964, this series of studies, compiled by the India team of Centre of International Studies at MIT, represents an important contribution to methods in planning for development, which will be of relevance to all those working in the field, irrespective of country. The results are demonstrated on examples taken from the Third Five-Year Plan and from some of the papers which underlay it.

Efficiency-Adjusted Public Capital, Capital Grants, and Growth

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Publisher : International Monetary Fund
ISBN 13 : 1484311124
Total Pages : 21 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Efficiency-Adjusted Public Capital, Capital Grants, and Growth by : Ernesto Crivelli

Download or read book Efficiency-Adjusted Public Capital, Capital Grants, and Growth written by Ernesto Crivelli and published by International Monetary Fund. This book was released on 2017-07-24 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent literature has explored the relationship between efficiency-adjusted public capital and economic growth. A debate on whether capital grants, and especially EU funds actually contribute to growth has gained prominence lately. This paper empirically assesses the relationship between the quality of public investment, capital grants, and growth in a sample of 43 emerging and peripheral economies over 1991-2015. To this end, the contribution of public capital to growth is estimated using efficiency-adjusted public capital stock series, constructed reflecting the quality of public investment management institutions. In addition, the determinants of effective public investment are analyzed. The results suggest that capital grants contribute positively to effective public investment, and the latter is significant in explaining variations in economic growth. Finally, the paper illustrates the impact of raising EU funds absorption on potential growth in emerging and peripheral EU countries.