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Titlebook: Innovations in Macroeconomics; Paul J. J. Welfens Book 20082nd edition Springer-Verlag Berlin Heidelberg 2008 Economic Policy.Growth.Inter

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Savings, Investment and Growth: New Approaches for Macroeconomic Modelling,, fiscal policy and supply side policy (rise in the savings rate s). Section 2 presents the model and the final section gives some policy conclusions. Several conclusions reached are in marked contrast to the standard Keynesian model and also go beyond the monetarist debate.
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Economic Integration, Technological Progress and Growth,of human capital for growth and economic convergence; however, below we do not look into the human capital issues — but capital K could be adequately defined to include human capital and thus we include some such aspects, at least implicitly. Various alternative approaches to growth modelling in ope
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Impact of the Real Exchange Rate on Trade, Structural Change and Growth,he structure of output will be affected; this will partly be linked to sectoral productivity growth. In the medium term and in the long run, there will be direct and indirect effects on national income and per capita income. Those changes will in turn affect structural change and trade. In an open e
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Macroeconomic Aspects of Opening Up, Unemployment, Growth and Transition,erable economic growth. Countries with relatively low per capita income, a well educated labor force and a functioning banking system should indeed be able to record considerable economic growth if stable and efficient institutions, competitive pressure and opening up are combined in a sustained man
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Innovations in the Digital Economy: Promotion of R&D and Growth in Open Economies,, it reached about 2% in the 1980s and is moving towards 3% at the beginning of the 21st century. Technological competition has increased since expenditures on research and development have grown relative to GDP. While process innovations have reduced production costs, product innovations stand for
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Natural Resources, Oil Prices and Innovation Dynamics,jor shifts in oil prices over the medium term. Changes in market structure will affect the optimum rate of depletion of resources (KHALATBARI, 1977)..The oil and gas sector has a long history of high Schumpeterian dynamics, where analysis by ENOS (1962) suggests there is a time lag of about 11 years
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