The dynamic properties of the optimal growth model are examined, based on a one good and two factor-labor and capital--model with a labor-surplus economy due to a fixed wage rate. If the average capital productivity is higher than the time discount rate which is assumed to be larger than the population growth rate, then the economy reaches the full employment stationary state in a finite amount...

This paper investigates the shortand long-run relationship between domestic wealth, capital stock and the net foreign asset position of industrialised and developing countries. Using cointegration techniques, a link between output per capita, the stock of public debt and age distribution on saving, investment and hence, the net external wealth of countries is established. Public debt, GDP per c...

T he main aim of this study is to investigate the impacts of population total, gross domestic product per capita, urbanization rate and energy use on carbon emissions in Nigeria for a period of 1981-2015 using autoregressive distributed lag approach to co-integration (ARDL). The empirical results revealed evidence of a long run relationship among the variables. The generalized ridge ...

the aim of this paper is to investigate the role of producer cooperatives (pcs) on rural development in fars, khorasan, semnan, golestan and hamadan provinces of iran in 2007. more specifically, this paper focuses on the economic aspects and social changes occurred in rural area concerning the cooperatives development. in order to measure quantitatively the effectiveness of economic and social ...

according to concern the role of population on growth of economic, in this study proceeds the study of age structure population on growth of iran’s economic. to achieve the experimental results, period of 1966-2009 is selected and used of auto regressive distributed lag method to achieve the experimental results. independent variables include the per capita income, population growth rates of 64...

This paper exploits the significant positive response of the share of agricultural value added and GDP per capita growth to variations in the international prices for agricultural commodities and rainfall to construct instrumental variables estimates of the causal effect that changes in the size of the agricultural sector and GDP per capita growth have on the urbanization rate for a panel of 41...

Health as a prerequisite to perform other activities is considered as both consumption and capital commodity. Views on health production may differ. Sometimes, health is assumed as natural endowment, at times, it is generated by the personal efforts, and sometimes physicians and other health providers provide it. This paper aims to identify the factors affecting the production of health. To ana...