The rapid transformation of the modern economies reveals the significance of knowledge, innovation and technology for economic growth. In Europe, the Lisbon Strategy set the very ambitious goal to “become the more competitive knowledge economy in the world by 2010” Besides public policies, the development of the knowledge economy calls for an educational reform with respect to the programs and ...

this paper extends endogenous growth models through augmenting it with government budget and oil revenues as well as the effect of public investment efficiency on long run growth of private and government consumption and import for an oil producing economy. based on the extracted model, the optimal growth rate of government current expenditure (or consumption) has a positive relation with the e...

this paper surveys economic growth and energy consumption relationship by new econometric methods in different sectors of iran. this study uses panel error correction model and panel co integration and causality tests to investigate short run and long run relationship between energy and value added growth in different sectors of iran’s economy with regards to energy price in the time period of ...

Proponents of the so-called New Economy claim that it entails a structural change of the economy. Such a change, in turn, would require the central bank to rethink its monetary policy to the extent that traditional relationships between inflation and economic growth are no longer valid. But such a rethinking presupposes that prospective advances in information technology and other factors assoc...

Federal Reserve Bank of Atlanta E C O N O M I C R E V I E W Third Quarter 2002 I n 1998, Federal Reserve Board Chairman Alan Greenspan posed the provocative question, Is there a “new economy”? He described the new economy’s characteristics as including technological innovations that raise productivity and that have, accordingly, removed pricing power from the world’s producers on a more lasting...

The aim of this paper is to understand critical issues regarding Knowledge management (KM) in context of Indian small and medium enterprises (SMEs) sector as it is one of the fastest growing sectors of Indian economy. So it is very important for SMEs to know what their knowledge assets are, and how to manage and make best use of these assets to get maximum return. It has been observed that all ...

Article history: Received 26 June 2007 Received in revised form 28 December 2007 Accepted 26 February 2008 Available online 18 April 2008 Increasing criticism of resource-extractive and polluting heavy duty industries in urban areas, as well as continuing declines in timbering, farming and mining in rural areas, have created challenges for planners and policy makers seeking sustainable rural ec...

underground economy affects important indexes such as formal gdp, unemployment, consumption, production and etc. therefore it is necessary to identify elements and factors which affect underground economy to restrict it. surveys and studies indicate the size of iran’s underground economy is high and taxes, quantity and quality of regulations and performance of formal economy are the important f...

Twelve value drivers influencing the creation of value in different parts of value chains or value networks are discussed. These value drivers cover value created through supply and manufacturing, market interactions, demand and consumption. The relative importance of these value drivers is changing as the economy is changing from the conventional style to the new economy based on networks and ...