Causes of slow growth - structure of national income, Microeconomics

Assignment Help:

CAUSES OF SLOW GROWTH:

A recent empirical study seeks to explain statistically the variations in inter-country growth rates. The global pattern of growth is shown to depend on four factors: (i) initial conditions, (ii) policy variable, (iii) demographic dynamics, and (iv) resources and geography. Table 2.7 below statistically measures the contribution of each of these factors in the variation of growth between India and that in East and South-East Asia.  

Whereas India scored positively over East and South-East Asia in terms of initial GDP per person, its growth has suffered because of the adverse conditions relating to the following: (i) schooling, (ii) Government saving rate, (iii) openness, (iv) institutional quality, (v) life expectance, (vi) growth in working age population, (vii) growth in total population, and (viii) ratio of coastline distance to land area.  


Related Discussions:- Causes of slow growth - structure of national income

Explain the concept of land economic, (a) Give an overview of the Concept ...

(a) Give an overview of the Concept of Land Economic (b) Provide a definition of Land/Economics (c) Discuss the origin of Land Economics (d) Modern and Traditional Land Ec

Parallel economy, PARALLEL ECONOMY: What is in popular parlance known ...

PARALLEL ECONOMY: What is in popular parlance known as black money, and is, misleadingly called the 'parallel' economy, (as it operates very much with and within the legal, fo

Bains model of limit pricing., explain diagrammatically the bains model of ...

explain diagrammatically the bains model of limit pricing.

Marginal product, I am having a hard time figuring out how to find marginal...

I am having a hard time figuring out how to find marginal product.

Determine the nature of the reflected wave, A spherical wave is reflected f...

A spherical wave is reflected from a planar mirror sufficiently far from the wave origin so that the Fresnel approximation is satisfied. By regarding the spherical wave locally as

Homework, Which of the following has not occurred over time in the past sev...

Which of the following has not occurred over time in the past several decades in the physician services market? A. The level of competition has increased. B. Economies of scale ha

Effects of advertising on the demand curve, The Effects of Advertising on t...

The Effects of Advertising on the Demand Curve: Advertising targets to: • Change the slope of the demand curve which means make it more inelastic. This is done by generat

Price mechanism, how does the prices system affect a country

how does the prices system affect a country

Econometric equation, This research will follow the methodology of economet...

This research will follow the methodology of econometrics; Chao, 2005; Castle & Shephard, 2009): 1. Specification of the model using a specific stochastic equation, together wit

Location of industry and localization of industry, Location of industry and...

Location of industry and localization of industry: Location of industry tries to answer the key economic question "where to produce". It involves deciding on the area that an

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd