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Household Indebtedness and Economic Growth (Empirical Analysis)
Economic growth Households loans Panel analysis (fixed effects)
2016/1/27
One important aspect of the resulting indebtedness in full-fledged market economies is the mutual influence between different economic sectors. Therefore, alongside the government indebtedness, one mu...
We all know what a popular buzzword “industrial policy” has
become inWashington these days. The trouble seems to be that the
term “industrial policy” means different things to different people.
To ...
POPULATION GROWTH, ECONOMIC GROWTH, AND FOREIGN AID
POPULATION GROWTH ECONOMIC GROWTH FOREIGN AID
2008/12/4
It is a great honor, as well as a great pleasure, forme to contribute
to this Festschrift honoring Peter Bauer and his pathbreaking work
on economic development. My acquaintance with Bauer’s point o...
TAXATION, ECONOMIC GROWTH, AND LIBERTY
TAXATION ECONOMIC GROWTH LIBERTY less developed countries
2008/12/4
The Third World, often called the less developed countries (LDCs),
consists of over 100 nations in Africa, Asia, the Middle East, the
Western Hemisphere, and the Mediterranean. Most ofthese countrie...
ECONOMIC GROWTH AND THE PROPERTY RIGHTS REGIME
ECONOMIC GROWTH capital accumulation PROPERTY RIGHTS REGIME
2008/12/4
It is often nearerthe truth to say that capital is created in the process
of economic development than that development is a function of
capital accumulation.
—P. T. Bauer’
Over the past decade or so, professional economists have increasingly
questioned the once prevailing conventional wisdom that state
and local taxes are unimportant in determining variations in the
...
RENT SEEKING AND ECONOMIC GROWTH：EVIDENCE FROM THE STATES
ECONOMIC GROWTH government interventions artificial rents
2008/11/13
Any significant government intervention beyond the limits defined
by the minimal or protective state will counter, indeed may block,
the dissipation of rents (Buchanan 1980: 7). Rent-seeking activit...
ECONOMIC GROWTH AND POVERTY：IN SEARCH OF TRICKLE-DOWN
ECONOMIC GROWTH ECONOMIC POVERTY TRICKLE-DOWN
2008/11/10
It seems obvious that economic growth should reduce poverty, yet
the issue remains controversial. Some scholars assert that economic
growthdoes not eliminate poverty and may exacerbate the problems
...
RENT SEEKING AND ECONOMIC GROWTH：EVIDENCE FROM A PANEL OF U.S. STATES
ECONOMIC GROWTH U.S. STATES rent-seeking activity
2008/11/10
A copious body of theoretical literature has developed that maintains
that rent-seeking activity (RSA) inhibits economic growth by
diverting resources from productive uses (Buchanan 1980; Tollis...
INCREASING ECONOMIC GROWTH AND STABILITY IN EMERGING MARKETS
economic goals EMERGING MARKETS ECONOMIC GROWTH
2008/11/10
Ownership, Growth, and Stability
The Bush administration’s emerging market strategy is an interrelated
part of our overall international economic agenda. The agenda
focuses on two goals: increasing...
Each year the Fraser Institute and the Heritage Foundation (in
conjunction with the Wall Street Journal) publish indexes of economic
freedom, while the Freedom House publishes an index of
politic...
THE CONTRIBUTION OF ECONOMIC FREEDOM TO WORLD ECONOMIC GROWTH, 1980–99
ECONOMIC FREEDOM CONTRIBUTION WORLD ECONOMIC GROWTH
2008/11/9
Since 1986, a group of researchers associated with the Fraser Institute
have focused on the definition and measurement of an internationally
comparable index of economic freedom (Easton and
Walker ...
Peter Bauer was very much concerned with the question of how
attitudes may affect the potential for economic development in underdeveloped
countries. He was forced to deal with it because much
of t...
MONETARY CREDIBILITY, INFLATION, AND ECONOMIC GROWTH
MONETARY CREDIBILITY INFLATION ECONOMIC GROWTH
2008/11/5
By now it must be universally agreed that low and stable inflation
is a primary and essential goal for monetary policy, in large part
because we believe it brings stability to financial systems and ...
This article explores the impact of tax policy on economic growth
in the states within the framework of an endogenous growth model.
Regression analysis is used to estimate the impact of taxes on eco...