منابع مشابه
Aggregate demand shocks and economic growth
The traditional view of growth and fluctuations implies that aggregate demand shocks result in only transitory departures from trend or “normal” output, which is determined exclusively by aggregate supply factors. Using a simple dynamic framework for a less-developed economy, a series of models is developed to show that aggregate demand can have a permanent effect on economic growth. It is show...
متن کاملthe impacts of supply and demand shocks on agriculture growth
abstract in the recent decades, the iranian economy has been highly depended on oil revenues. considering the fact that a great part of non-oil exports are agricultures product, studying factors influencing growth of agricultural sector plays an important role in the iran's economy. supply domestic shocks and domestic demand pressure along with deviation of exchange rates from its equilibrium, ...
متن کاملSupply and Demand-Driven Spillovers and Productivity Growth
As information technology and globalization expand the horizons of economic agents’ production possibilities and decisions, interconnections between productive entities are likely not only expanding but having increasing impacts on production and productivity. Such spillovers may derive from various types of linkages, including those associated with time, space, and industry or sector. Producti...
متن کاملEffect of Temporary and Permanent Shocks of Total Factor Productivity on the Demand for Agricultural Imports in Iran
Economic theories show that the direction and magnitude of the fluctuations of economic variables depend on the type and magnitude of the shocks they are faced with. Various reasons are noted for fluctuations in demands for imports, including productivity shocks. Accordingly, this research was aimed at identifying the effects of Total Factor Productivity (TFP) shocks of the agricultural sector ...
متن کاملDemand Shocks and Economic Fluctuations
This paper studies conditions under which demand-side shocks can generate realistic business cycles in RBC models. Although highly persistent demand shocks are necessary for generating procyclical investment, variable capacity utilization and habit formation can reduce the required degree of persistence. Keywords: Demand Shocks; Halls Residual; Real Business Cycles; Crowding Out; Investment Dy...
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ژورنال
عنوان ژورنال: Portuguese Economic Journal
سال: 2005
ISSN: 1617-982X,1617-9838
DOI: 10.1007/s10258-005-0039-1