Directory UMM :Data Elmu:jurnal:S:Structural Change and Economic Dynamics:Vol11.Issue1-2.Jul2000:
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In conclusion, this essay maintains that coexistence of equilibrium and out-of-equilibrium analysis is possible, and mentions research and policy areas (such as coordination
Although Albin demonstrates that appropriate qualitative taxonomies of complex systems (like distinguishing among those with stable equilibria, limit cycles, and strange
A thorough exploration of the relevance of the Kuznets cycle hypothesis to southeast Asia, or less developed economies more generally, requires the compila- tion and analysis
As Hendry and Doornik (1997) remark, when the long-run mean is non-zero, breaks shift the location of the data, inducing a short-run ‘trend’ to the new equilibrium mean, which is
As a result, special emphasis has been laid upon the analysis of growth in a wider context, and thus on topics such as technological change, the institutional and bureaucratic
Collected for companies respon- sible for over 80 per cent of world exploration spending, their studies show an increase in proportion of world exploration going to Asia, Africa,
It may not be idle therefore to enquire how the relative values of the two major sectors of an economy, those shadow prices constructed by economists to mimic a ‘rational’ price
The cornerstone of that framework is the zero - bequest sa 6 ing function which represents the aggregate cross-sectional saving rate that satisfies the zero-bequest