Growth Regimes

Financial regimes , capital structure , and growth

We develop a growth model with endogenous technological progress in which the financial sector plays an explicit role. Thereby we discuss the role of different financial regimes in the growth process. We contrast a bank-dominated financial system with a market-dominated system. In the first one a financial intermediary (a bank) is able to solve informational problems, however, at a cost. There ...

Multiple growth regimes: Insights from unified growth theory

Unified Growth Theory uncovers the forces that contributed to the existence of multiple growth regimes and the emergence of convergence clubs. It suggests that differential timing of take-offs from stagnation to growth segmented economies into three fundamental regimes: slow growing economies in a Malthusian regime, fast growing countries in a sustained growth regime, and economies in the trans...

Technological Regimes and the Growth of Networks

Multiple Growth Regimes – Insights from Unified Growth Theory1

Unified Growth Theory uncovers the forces that contributed to the existence of multiple growth regimes and the emergence of convergence clubs. It suggests that differential timing of take-offs from stagnation to growth segmented economies into three fundamental regimes: slow growing economies in a Malthusian regime, fast growing countries in a sustained growth regime, and economies in the trans...

Growth Performance of Canola Grown Under Different Salinity Regimes

The comparative effects of different concentrations of saline soil and saline irrigation water were investigated on growth of canola (cv. Ganyou-5). Plants were subjected to control (non-saline), 0.2% (EC 2.5 dS.m-1), 0.4% (EC 4.5 dS.m-1) and 0.6% (EC 6.5 dS.m-1) of sea salt concentrations in soil as well as saline irrigation water. Vegetative growth parameters recorded were plant height, numbe...