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Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation

Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation »

Source: Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation

Volume/Issue: 2004/207

Series: IMF Working Papers

Author(s): Vladimir Klyuev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2004

ISBN: 9781451874686

Keywords: Balassa-Samuelson effect, two-sector growth model, capital mobility, capital intensity, services sector, General Aggregative Models: Neoclassical, Economic Growth of Open Economies, One, Two, and Multisector Growth Models,

This paper provides an explanation for the secular increase in the price of services relative to that of manufactured goods that relies on capital accumulation rather than on an exogenous total factor productivity...

How Much Do Trading Partners Matter for Economic Growth?

How Much Do Trading Partners Matter for Economic Growth? »

Source: How Much Do Trading Partners Matter for Economic Growth?

Volume/Issue: 2004/26

Series: IMF Working Papers

Author(s): Vivek Arora , and Athanasios Vamvakidis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2004

ISBN: 9781451844412

Keywords: trading partners, trading partner, trade share, open economies, partner countries, Economic Growth of Open Economies,

This paper empirically examines the extent to which a country's economic growth is influenced by its trading partner economies. Panel estimation results based on four decades of data for over 100 countries show tha...

Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation

Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation »

Volume/Issue: 2004/207

Series: IMF Working Papers

Author(s): Vladimir Klyuev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2004

DOI: http://dx.doi.org/10.5089/9781451874686.001

ISBN: 9781451874686

Keywords: Balassa-Samuelson effect, two-sector growth model, capital mobility, capital intensity, services sector, General Aggregative Models: Neoclassical, Economic Growth of Open Economies, One, Two, and Multisector Growth Models,

This paper provides an explanation for the secular increase in the price of services relative to that of manufactured goods that relies on capital accumulation rather than on an exogenous total factor productivity...

How Much Do Trading Partners Matter for Economic Growth?

How Much Do Trading Partners Matter for Economic Growth? »

Volume/Issue: 2004/26

Series: IMF Working Papers

Author(s): Vivek Arora , and Athanasios Vamvakidis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2004

DOI: http://dx.doi.org/10.5089/9781451844412.001

ISBN: 9781451844412

Keywords: trading partners, trading partner, trade share, open economies, partner countries, Economic Growth of Open Economies,

This paper empirically examines the extent to which a country's economic growth is influenced by its trading partner economies. Panel estimation results based on four decades of data for over 100 countries show tha...

Private Investment and Endogenous Growth
			: Evidence From Cameroon

Private Investment and Endogenous Growth : Evidence From Cameroon »

Volume/Issue: 1997/165

Series: IMF Working Papers

Author(s): Dhaneshwar Ghura

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1997

DOI: http://dx.doi.org/10.5089/9781451980004.001

ISBN: 9781451980004

Keywords: private investment, economic growth, human capital, real gdp, growth rate

This paper investigates empirically the factors that have influenced economic growth in Cameroon during 1963-96. The results, which support the endogenous-growth-type model, indicate that (1) the aggregate producti...

Structural Transformation and the sophistication of Production

Structural Transformation and the sophistication of Production »

Volume/Issue: 2012/59

Series: IMF Working Papers

Author(s): Nicola Spatafora , Rahul Anand , and Saurabh Mishra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2012

DOI: http://dx.doi.org/10.5089/9781463937775.001

ISBN: 9781463937775

Keywords: Structural Transformation, Sophistication of Production, manufactured exports, exports of goods, export basket, export baskets, Economic Growth of Open Economies,

A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was...

Understanding India's Services Revolution

Understanding India's Services Revolution »

Volume/Issue: 2004/171

Series: IMF Working Papers

Author(s): Poonam Gupta , and James Gordon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2004

DOI: http://dx.doi.org/10.5089/9781451858532.001

ISBN: 9781451858532

Keywords: sectoral shares, balanced growth, splintering, liberalization, services sector, service sector, business services, services activities, industrial sector, Macroeconomics: Production

This paper analyzes the factors behind the recent growth of India's services sector. The high growth of services output in the 1990s was mostly due to the rapid expansion of communication, banking, business service...

Why India Can Grow At 7 Percent a Year or More
			: Projections and Reflections

Why India Can Grow At 7 Percent a Year or More : Projections and Reflections »

Volume/Issue: 2004/118

Series: IMF Working Papers

Author(s): Dani Rodrik , and Arvind Subramanian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2004

DOI: http://dx.doi.org/10.5089/9781451854114.001

ISBN: 9781451854114

Keywords: Growth, institutions, growth rate, human capital, economic growth, tfp, total factor productivity, Macroeconomic Analyses of Economic Development, Economywide Country Studies: Asia including Middle East,

Using a simple growth accounting framework, we project India's future potential output growth rate through 2025. We argue that there is perhaps more upside potential than downside risks to our central estimate of a...

Pakistan's Macroeconomic Adjustment and Resumption of Growth, 1999-2004

Pakistan's Macroeconomic Adjustment and Resumption of Growth, 1999-2004 »

Volume/Issue: 2005/139

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2005

DOI: http://dx.doi.org/10.5089/9781451861587.001

ISBN: 9781451861587

Keywords: Macroeconomic Adjustment, growth rates, real gdp, nonfactor services, gdp growth, imports of goods, General Aggregative Models: General, Economic Growth of Open Economies,

The main findings are as follows: (1) an increase in private national saving during 2001-03 was the key contributor to the turnaround in Pakistan's external current account during this period; (2) while Pakistan's...

The Role of Human Capital in Economic Growth
			: The Case of Spain

The Role of Human Capital in Economic Growth : The Case of Spain »

Volume/Issue: 2000/8

Series: IMF Working Papers

Author(s): Paolo Mauro , and Enric Fernandez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2000

DOI: http://dx.doi.org/10.5089/9781451842500.001

ISBN: 9781451842500

Keywords: Human capital, economic growth, educational attainment, primary education, primary school, formal schooling

This study constructs an index of human capital for the Spanish labor force over the past two decades and projects it over the next decade on the basis of likely demographic developments. The methodology considers...