1995
DOI: 10.4324/9780203020630
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Introduction to Development Economics

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Cited by 49 publications
(17 citation statements)
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“…This observation, which is certainly not restricted to the fishing activities, is not surprising and certainly common to a large number of developing countries. The capacity of central governments to levy taxes on formal economic activities is known to be much lower in developing countries than in developed countries (Ghatak, 1995). 14.…”
Section: Notesmentioning
confidence: 99%
“…This observation, which is certainly not restricted to the fishing activities, is not surprising and certainly common to a large number of developing countries. The capacity of central governments to levy taxes on formal economic activities is known to be much lower in developing countries than in developed countries (Ghatak, 1995). 14.…”
Section: Notesmentioning
confidence: 99%
“…This can be supported by the influence of the rate of inflation in influencing the price of the indices. The rate of inflation is found to be important as it is claimed by Ghatak (1994) in countries that practice financial dualism, the existence of organized and non-organized financial sector in the economy. In addition, the unanticipated changes in money supply M1 are the only monetary aggregates that represented the money channel that had the correct coefficient sign in line with the economic theory.…”
Section: Co-integration Test Results For the Composite Indexmentioning
confidence: 99%
“…It is worth noting that, in support of the above arguments, Wang and Swanson (2008) cited economic development literature primarily from the 50s, 60s, and 70s: Harbison and Myers (1964), Lewis (1954), Schultz (1964), Adelman (1974), Rostow (1959Rostow ( , 1971Rostow ( , 1990, Bauer andWilson (1962), Fishlow (1965), Kuznets (1961), Myrdal (1944Myrdal ( , 1957Myrdal ( , 1968, Merton (1968Merton ( , 1988, Nelson (1956), Rosenstein-Rodan (1943), and others. Even when they cited more recent works- Basu (1997), Ghatak (1995), Ray (1998), and othersmost of these are a summarization of the earlier research. Contemporary work on economic development is almost nowhere to be found.…”
Section: Reliance On Economics (Development Economics)mentioning
confidence: 99%