ERN: Institutional Change & Economic Growth (Topic)最新文献

{"title":"Эволюция Подходов К Содержанию Категории 'Распределение' в Экономической Науке (The Evolution of Approaches to the Content of the Category of 'Distribution' in Economic Science)","authors":"Maria (Matevosyan) Grishina","doi":"10.2139/ssrn.2463802","DOIUrl":"https://doi.org/10.2139/ssrn.2463802","url":null,"abstract":"Russian Abstract: В статье рассматриваются различные подходы к характеристике категории распределения как совокупность факторов экономического роста в качестве единой системы, что позволяет структурировать существующие факторы роста, определить их соподчиненность и, наконец, выделить наиболее существенные причинные явления и условия экономического роста. English Abstract: Annotated article discusses various approaches to the characterization of the category of the distribution as a set of factors of economic growth as a unified system that allows you to structure existing growth factors, determine their subordination, and, finally, to identify the most significant causal phenomena and conditions of economic growth.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128589338","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A Theoretical Concept Analyses of Economic Policy Reforms","authors":"Najeb Masoud","doi":"10.11648/J.ECO.20130204.11","DOIUrl":"https://doi.org/10.11648/J.ECO.20130204.11","url":null,"abstract":"The purpose of this paper is explained the concept of economic reform programmes and macro-economic performances were generally seeking the combativeness of the economic system, the satisfaction of demands, solvency of state and the welfare of citizens. An overview of the economic reform programme has become a global phenomenon in the world adopted by many developing countries in a trisection economy in the last two decades. Most of the previous socialist and even communist, economies, began the trend towards partial, or complete economic reform. Indeed, with the collapse of the Soviet Union, the newly-independent countries in Africa, the Middle East and Latin America, all came to realise the importance of economic reform programmes. Accordingly, within the last fifteen years most developing countries have implemented similar programmes, in line with recommendations and support from global organisations such as the International Monetary Fund (IMF) and the World Bank. It was argued that the key target of any economic reform programme represents the rate of economic growth and increase per-capita income in order to enhance the welfare of the economic society as a whole. This paper’s result will be useful in reaching policy decisions to develop financial markets to increase economic growth in developing countries or/ emerging economies, in general, and within Libya, in particular. Furthermore, providing empirical evidence regarding this critical issue within specific emerging economies will add to the literature on economic reform related to the macro-economic indicators and its influence on economic growth and, thus, initiate an exciting topic for the paper.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"92 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121392170","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Real Sector in January–September 2013: Factors and Trends","authors":"O. Izryadnova","doi":"10.2139/SSRN.2387505","DOIUrl":"https://doi.org/10.2139/SSRN.2387505","url":null,"abstract":"On the basis of the results of January–September 2013, the index of the physical volume of GDP amounted to 101.3% against the respective period of the previous year. With the existing dynamics of investment and con¬sumer demand, slowdown of growth rates of households’ income and decrease in the financial performance of enterprises and entities, on the basis of the results of 2013 the expected growth rates of GDP will amount to 103–104%. From June 201, growth in the rate of unemployment renewed which factor would make the situation more complicated on the labor market early in 2014.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"45 15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132798859","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Role of Domestic and External Shocks in Poland: Results from an Agnostic Estimation Procedure","authors":"Michal Andrle, Roberto Garcia-Saltos, Giang Ho","doi":"10.5089/9781484337172.001.A001","DOIUrl":"https://doi.org/10.5089/9781484337172.001.A001","url":null,"abstract":"This paper discusses interlinkages between Poland and the euro zone using a simple and agnostic econometric approach. Specifically, we estimate a trend-cycle VAR model using data for real and nominal variables, imposing powerful but uncontroversial assumptions that allow us to identify how external factors affect the evolution of business cycles in Poland in the period 1999-2012. Our results suggest that developments in the euro zone can explain about 50 percent of poland’s output and interest rate business cycle variance and about 25 percent of the variance of inflation.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125076665","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Analysis on China's 'Reform and Opening-Up': Based on the Features of Institutional System","authors":"Wei Liu, Xiyan Han","doi":"10.2139/ssrn.2309309","DOIUrl":"https://doi.org/10.2139/ssrn.2309309","url":null,"abstract":"Institutional reform needs to recognize the institutional rules from the perspective of the institutional system. Based on the system theory, this paper analyzes two features of the institutional system — the order and the irreversibility. Institutional goal is the steady state of institutional system. The closer to steady state institutional system is, the smaller order is, and the greater disorder is. Meanwhile the order moving to the goal of the institutional system is an irreversible process, so the only way that can change the disorder state is to change institutional goal. In this paper, above conclusions were verified from China’s “Reform and Opening-up”, and the evolutional path was summarized and two suggestions for reform were given.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124668839","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"La Liberalización Y El Manejo De Los Flujos De Capital: Una Visión Institucional (The Liberalization and Management of Capital Flows: An Institutional View)","authors":"Vivek B. Arora, Karl Habermeier, J. Ostry, Rhoda Weeks-Brown","doi":"10.5089/9781498339612.007","DOIUrl":"https://doi.org/10.5089/9781498339612.007","url":null,"abstract":"Los flujos de capital han aumentado notablemente en los ultimos anos y son un aspecto clave del sistema monetario mundial. Ofrecen beneficios potenciales a los paises, pero su tamano y su volatilidad tambien pueden plantear problemas de politica. El Fondo debe estar en condiciones de proporcionar asesoria clara y coherente respecto de los flujos de capital y las politicas relacionadas. En 2011, el Comite Monetario y Financiero Internacional llamo a “seguir trabajando en un enfoque integral, flexible y equilibrado para el manejo de los flujos de capital”. En este documento se propone una vision institucional que apoye este enfoque, con base en documentos de politica anteriores, estudios analiticos y discusiones de la Junta sobre los flujos de capital.Capital flows have increased significantly in recent years and are a key aspect of the global monetary system. They offer potential benefits to countries, but their size and volatility can also pose policy challenges. The Fund needs to be in a position to provide clear and consistent advice with respect to capital flow and policies related to them. In 2011, the International Monetary and Financial Committee called for “further work on a comprehensive, flexible, and balanced approach for the management of capital flows”. This paper proposes an institutional view to underpin this approach, drawing on earlier Fund policy papers, analytical work, and Board discussions on capital flow.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125877402","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Structural Reforms and Growth in Transition: A Meta-Analysis","authors":"Jan Babecký, T. Havránek","doi":"10.2139/ssrn.2324909","DOIUrl":"https://doi.org/10.2139/ssrn.2324909","url":null,"abstract":"The present fiscal difficulties of many countries amplify the call for structural reforms. To provide stylized facts on how reforms worked in the past, we quantitatively review 60 studies estimating the relation between reforms and growth. These studies examine structural reforms carried out in 26 transition countries around the world. Our results show that an average reform caused substantial costs in the short run, but had strong positive effects on long-run growth. Reforms focused on external liberalization proved to be more beneficial than others in both the short and long run. The findings hold even after correction for publication bias and misspecifications present in some primary studies.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126151679","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Russian Production Macrostructure in 2012","authors":"O. Izryadnova","doi":"10.2139/ssrn.2290177","DOIUrl":"https://doi.org/10.2139/ssrn.2290177","url":null,"abstract":"This paper deals with Russia's production macrostructure in 2012. The author focuses on the post-crisis performance of the Russian economy, main characteristics of GDP utilization and changes in the GDP structure by source of income.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124881503","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Changing Development Prospects for the Central and Eastern European EU Member States","authors":"Beáta Farkas","doi":"10.2139/ssrn.2292559","DOIUrl":"https://doi.org/10.2139/ssrn.2292559","url":null,"abstract":"One of the fundamental goals of European integration is to provide less-developed member states opportunities for convergence and strengthen economic and social cohesion. Before the crisis the convergence process was impressive in the new member states. This success raises the question of how the institutions of the new EU member states match the institution types previously worked out for the old member states, and whether they resemble any of the broadly accepted four models of capitalism (Anglo-Saxon, Nordic, Continental European and Mediterranean) or represent a new type of model. Empirical analysis suggests that an independent Central and Eastern European model is eligible for existence. The characteristics of the model may be derived from three main factors: the lack of capital, weak civil society and the impact of the European Union and other international organisations influencing the new member states. \u0000 \u0000FDI inflow could help to reduce the lack of capital. The success of convergence can be explained through the reconfiguration of the value chain after the collapse of communism by companies located in Continental and Northern Europe. These companies located their assembly activities in Central and Eastern Europe, and these countries could integrate not only within the EU but also within the world economy through increased investment and productivity. Although this convergence model has its limits, it provided sufficient space for the Central and Eastern European countries to develop, due to their low initial GDP levels. \u0000 \u0000During the crisis the convergence has slowed down. The forthcoming period makes some changes in the convergence model necessary. The reduction in the private sector savings-investment gap is unavoidable. Savings must be used more efficiently than in the past. These suggestions are known in literature. However, two other important factors should also be taken into consideration. Failing to bridge the current productivity gap between foreign and domestic companies makes catching-up impossible. Population ageing and increased net migration from the Central and Eastern European countries has reached the level which demolishes their economic potential and destabilizes their societies in the medium and long run. These issues mean severe challenges on both national and European level.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114657139","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Investigating the Cross Country Causal Relationship between Institutions and Economic Performance: A Panel Cointegration Analysis","authors":"D. Siddiqui","doi":"10.2139/ssrn.3271699","DOIUrl":"https://doi.org/10.2139/ssrn.3271699","url":null,"abstract":"This paper analyzes the long-run dynamics between quality of institutions measured by recently developed Index of institutionalized social technologies, and Economic performance in the sample of 84 countries covering the period 2002-2006. Panel cointegration tests and FM OLS (Fully Modified OLS) estimators are used to test for cointegration. Institutional quality and growth are found to have long run positive cointegrating relationship.","PeriodicalId":144069,"journal":{"name":"ERN: Institutional Change & Economic Growth (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130394684","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}