Over the past 40 years or so the Indian pharmaceutical sector witnessed rapid growth and transformation. From a mere volume of just Rs. 10 core in 1947, the industry registered a sales turnover of about US $ 5.5 billion in 2004 with an annual growth rate of about 17%. The flexible provisions of the Patent Act of 1970 and other supportive policies of the Government of India played an instrumenta...

BACKGROUND The break-up of the USSR brought considerable disruption to health services in Russia. The uptake of compulsory health insurance rose rapidly after its introduction in 1993. However, by 2000 coverage was still incomplete, especially amongst the disadvantaged. By this time, however, the state health service had become more stable, and the private sector was growing. This paper describ...

Our aim is to examine whether sectorial production shocks have predominated in Mexico’s long annual real output, and whether shocks from different sectors are correlated. We study the long-run movement and comovements of 6 production sectors, using long, low frequency data for the Mexican economy from 1921 to 1993 and Johansen’s (1991, 1995) method to test for cointegration, that is, the possib...

This paper investigates the growth experience of one country in detail in order to enhance our understanding of important factors that a¤ect economic growth. Using a two sector model we identify the low productivity growth in the agricultural sector as the main reason for the divergence of income per capita between Turkey and its peer countries. An extended model that incorporates distortions i...

The financial and economic crisis has had an adverse impact on the Lithuania’s economy and construction industry. The GDP of Lithuania grew slightly in 2010, in contrast to a decrease of 14.7% in 2009. Lithuania’s GDP increased from 1.3% in 2010 to 4.6% in 2011. Annual GDP growth decreased from its highest point of 6.7%, reached in the third quarter, to 4.4% in the last quarter of 2011 [1,2]. S...

This study focuses on the knowledge transfer activities of members of CPA Australia who hold senior and top positions in public sector entities at federal, state or local government levels. Public sector structural reforms towards managerialism, commercialisation, accountability and performance reporting are deemed to have given accounting professionals key roles in their entity’s knowledge man...

Motivated by Feder’s two-sector model concerning exports and growth, this article intends to propose a dynamic framework, which bases on the production function theory and consists of two versions of the two-sector (the financial sector and the real sector) model, for analyzing the interrelation between financial development and economic growth in terms of intersectoral externalities. The appro...

Background: Removal programs are effective strategies for short-term management of Crown-of-Thorns Starfish (Acanthaster spp.) populations, especially on a small scale. However, management programs are costly, and, in order to be effective, they must be based on local Acanthaster spp. population dynamics. We have developed simple models to predict the annual number of removable A. cf. solaris a...

The study examined the nexus of interest rate deregulation, lending rate and agricultural productivity in Nigeria by employing co-integration and error correction techniques on annual data spanning 1986 to 2009. Nigeria has embarked on several agricultural policy measures aimed at repositioning and enhancing variables that affects the sector’s productivity. The findings from the study showed th...

We examine how institutional and policy reforms affect the relationship between entrepreneurship and growth. We perform Arellano-Bond GMM estimations on annual data (over the period 1990-2002) from a large group of developing countries and focus in particular on the interplay between policy and institutional reforms and entrepreneurship. We find that the joint effect of trade reform and entrepr...