منابع مشابه
A Defense of AK Growth Models
AK growth models predict that permanent changes in government policies affecting investment rates should lead to permanent changes in a country’s GDP growth. Charles Jones (1995) sees no evidence for this prediction in data for 15 OECD countries after World War II: rates of investment, especially for equipment, have risen while GDP growth rates have not. This article provides evidence supportin...
متن کاملCoordinating macroeconomic policy in a simple AK growth model
Modern theories of government finance stress the importance of an economy s fiscal deficits in determining the course of monetary policy. Modern growth theory stresses the role of monetary factors in economic growth. This paper explores how these two are interrelated, using a simple AK growth model, one with money, reserve requirements, and government debt. We provide a comprehensive look at th...
متن کاملa study on thermodynamic models for simulation of 1,3 butadiene purification columns
attempts have been made to study the thermodynamic behavior of 1,3 butadiene purification columns with the aim of retrofitting those columns to more energy efficient separation schemes. 1,3 butadiene is purified in two columns in series through being separated from methyl acetylene and 1,2 butadiene in the first and second column respectively. comparisons have been made among different therm...
Growth and Governance: A Defense
It is clear we have disagreements from our esteemed colleagues on this important issue. The Kaufmann, Kraay, and Mastruzzi [hereafter KKM] response raises a number of insightful points that advance this debate. We thank them for that and for taking the time to engage our article. As we have reflected on our original essay and KKM’s critique of it, we were struck by the fact that we may actually...
متن کاملProduction of a growth dependent metabolite active against dermatophytes by Streptomyces rochei AK 39.
BACKGROUND & OBJECTIVE Dermatophytes responsible for causing dermatophytoses in humans have acquired resistance to certain antimycotic drugs. We isolated naturally occurring actinomycetes with an ability to produce metabolites having antimycotic property. The timecourse of antifungal metabolite production in terms of arbitrary units (AU) under optimum conditions was studied. METHODS Water and...
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ژورنال
عنوان ژورنال: Quarterly Review
سال: 1998
ISSN: 0271-5287
DOI: 10.21034/qr.2242