Value Concept and Economic Growth Model

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We study the cyclical behavior of economic fundamentals for value and growth firms. Our goal is to evaluate the empirical relevance of recent rational theories of the value premium. We find that the fundamentals of value firms are more adversely affected by negative business cycle shocks than those of growth firms. And the differential response is mostly significant. We also examine the potenti...

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Abstract Since economic growth affects many economic indexes such as employment, poverty, distribution of income, health, etc., investigating the factors influencing economic growth is of great importance. This would be even more important in developing countries, which face such problems as poverty, unemployment etc. Considering the fact that the VAT is becoming more popular in developing cou...

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ژورنال

عنوان ژورنال: Journal of Economic & Financial Studies

سال: 2014

ISSN: 2379-9471,2379-9463

DOI: 10.18533/jefs.v2i04.97