Productivity and economic growth

Toward Explaining Productivity and Economic Growth

The major thesis of this article is that combining the resource-based theory of the firm with Austrian economics and heterogeneous demand theory provides the foundations for a new theory ofcompetition, the resource-ativantage theory. This new theory has macro and public policy implications. Specifically, when compared with neoclassical perfect competition theory. the resource-advantage theory b...

an investigation about the relationship between insurance lines and economic growth; the case study of iran

مطالعات قبلی بازار بیمه را به صورت کلی در نظر می گرفتند اما در این مطالعه صنعت بیمه به عنوان متغیر مستفل به بیمه های زندگی و غیر زندگی شکسته شده و هم چنین بیمه های زندگی به رشته های مختلف بیمه ای که در بازار بیمه ایران سهم قابل توجهی دارند تقسیم میشود. با استفاده از روشهای اقتصاد سنجی داده های برای دوره های 48-89 از مراکز ملی داده جمع آوری شد سپس با تخمین مدل خود بازگشتی برداری همراه با تعدادی ...

The Contribution of Agriculture to Economic and Productivity Growth of Iranian Economy

The historical experience of many developing countries show that many developing world has not paid enough attention and is not giving serious thought to its agricultural sector. In fact, nearly all the countries that have “undervalued” their agricultural sectors not only failed to grow rapidly, but they all encountered domestic food shortages, balance of payment crisis and some sort of politic...

Endogenous Growth, Productivity and Economic Policy: A Progress Report

THE NEW “ENDOGENOUS” GROWTH theory that was spawned by the contributions of Romer (1986) and Lucas (1988) has now largely displaced the old neoclassical growth theory of Solow (1956) and Swan (1956) from the frontiers of academic research. But endogenous growth theory vintage 2004 is different in many respects from vintage 1988. These differences are the result of a fruitful interaction that ha...

Productivity, Economic Growth and Middle Income Traps: Implications for China