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Mayank GUPTA
Pág. 118 - 136
Abstract During the second half of the twentieth century economists have build newer models of economic growth that consider policy influences of growth and divergent outcomes among countries. These models addresses issues concerning economic growth, ope...
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Florina Popa
One of the relevant components of the contemporary economic science is the economic growth theory, the economic background of the time leading to new guidelines of the research. The neoclassical growth theory - the core of modern analysis - explains how ...
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Alessandro Roncaglia
Introducing the publication of a long 1956 letter by Franco Modigliani (FM) to Paolo Sylos Labini (PSL) on the draft of PSL?s book, Oligopoly and Technical Progress, the paper critically reviews the theoretical background of FM?s comments, showing how th...
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Sugeng Wahyudi, Maria Rio Rita, Misbach Fuady
Pág. 308 - 323
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Jorge Enrique Garcés Cano
Pág. 83 - 112
This paper constitutes a critic to the neoclassical theory heart, ideologicalsupport of the neoliberal arguments whose connection with the current stateof art around the economy teaching world, under supposed to the capitalismharmonic operation risen to ...
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George Liodakis
After a critical review of conventional approaches to sustainability, this paper contrasts orthodox (neoclassical) economic theory with a political economy approach, arguing that such an approach focusing on the historically specific organizational form ...
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Emiliano Brancaccio
Pág. 197 - 206
In linea con la tradizione del Massachusetts Institute of Technology di cui fanno parte, i modelli macroeconomici mainstream di Olivier Blanchard possono essere sottoposti a un ?ribaltamento? logico in grado di renderli compatibili con schemi alternativi...
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Sándor Gyula Nagy,Dzenita Siljak
Pág. 41 - 53
This paper aims to analyze the beta convergence of Western Balkan countries towards the EU-15 Member States in the period 2004-2016, and two sub-periods: 2004-2008 and 2009-2013. Beta convergence is based on the neoclassical growth theory and tests the h...
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Jadranka Petrovic
Pág. 075 - 088
The neo-liberal policies of privatization, trade and capital markets liberalization, deregulation and minimizing the role of the state have led in transition Balkan countries to deindustrialization, GDP stagnation and high unemployment, having for its co...
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Adam Hayes
Pág. Finance an - 83
Behavioral economics has become a dominant set of theories in explaining economic behavior, yet such behavior remains under the limited purview of psychological, cognitive, or neural approaches. This article draws on and extends Viviana Zelizer?s social ...
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Ezebuilo Romanus Ukwueze,Ekene Stephen Aguegboh
Pág. 75 - 79
Following neoclassical growth model, people became deeply interested in the factors that lead to economic growth, characterized by diminishing marginal returns, exogenously determined technical progress and substitutability between the factors of product...
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Wei-Bin Zhang
Pág. 89 - 100
This study proposes a spatial model to examine dynamic interactions among growth, economic geography, the housing market, and public goods in a small, open economic growth model. We emphasize the impact of transport, land and fiscal policy on the spatial...
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Buscemi Antonino,Yallwe Hagos Alem
Pág. 126 - 140
The neoclassical growth models argued that the movement to steady states; technology, exogenous rate of savings, population growth and technical progress stimulate higher growth levels (Solow 1956). Contrary to the neoclassical argument, endogenous growt...
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Rolf Mantel
Pág. pp. 161 - 178
In the field of optimal growth theory, since Ramsey's time it is frequent to maximize a welfare function consisting of the discounted sum of instantaneous utilities. Such an optimality criterion implies that preferences are independent over time. Followi...
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Victor Elías
Pág. pp. 19 - 47
This paper aims at assessing the importance of total factor productivity (TFP) on economic growth and at ?explaining? TFP growth. The contribution share of TFP growth to GDP growth will be estimated for 96 countries in the period 1950-1987. Additionally,...
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A. Pouris
AbstractThis article is an empirical exploration of the hypothesis, advanced by Gort (1969), that mergers are the result of disturbed expectations owing to economic and technological shocks. The importance of this theory lies in the fact that it attempts...
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Jacob Assa
Pág. Finance an - 58
The global financial crisis is usually seen as a failure of neoclassical economic theory and neoliberal policy, but it also represented an epistemological failure. Forecasters who missed the crisis neglected to include the financial sector in their model...
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M. G. C. N. Madadeniya, S. Sivarajasingham
Pág. 95 - 116
Should Sri Lanka trade with SAARC or ASEAN, in order to promote its economic growth? This is a question of interest, given the country?s recent trade agreement with Singapore and its prospects of bilateral trade with Bangladesh, Indonesia, Malaysia, Thai...
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