منابع مشابه
Structural Change in the Indian Economy
We analyse the evolution of the Indian economy over the past six decades, particularly identifying structural breaks. We find that usually there has been a gradual change in the indicators of the economy .The growth rate of per capita GDP after falling in the decade mid 60s to mid 70s has been accelerating gradually since then. Since 1991 exports have played an important role in this growth. Th...
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The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry and exit, environmental taxes have an impact on economies of scale by changing the number and size of firms. Whether economies of scale rise or fall in a particular industry depends on induced changes in the price elasticity of demand. Because export demand is more price elast...
متن کاملMoney Growth Rules in an Emerging Small Open Economy with an informal sector
This paper is concerned with the saddle-path stability of monetary growth rules in a two-country two-sector dynamic stochastic general equilibrium model. Alongside standard features of emerging economies, such as a combination of producer and local currency pricing for exports, fiscal dominance and oil exports, this model also incorporates informal labour and production sectors and examines how...
متن کاملDynamic Sectoral Linkages and Structural Change in a Developing Economy
The literature on the stylised facts of structural change in LDCs has been bedevilled by three problems: (i) drawing time-series inferences from cross-section results; (ii) endogeneity of the variables involved; and (iii) an inability to separate short-run from long-run effects. This paper uses time-series econometric techniques to address each of these problems investigating linkages between a...
متن کاملEnvironmental pollution in a growing economy with endogenous structural change
In this paper we study the impact of environmental pollution in an endogenous growth model with endogenous structural change. The paper allows for both horizontal and vertical innovations where newer technologies are less polluting compared to older ones. The analysis shows that the presence of environmental externalities stimulates structural change but reduces the growth rate of the economy. ...
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ژورنال
عنوان ژورنال: Journal of Monetary Economics
سال: 2013
ISSN: 0304-3932
DOI: 10.1016/j.jmoneco.2013.06.002