The Concept of Economic Growth

Shearer, Ronald A.

doi:10.1111/j.1467-6435.1961.tb00368.x

Cited by 13 publications

(3 citation statements)

References 5 publications

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“…(Dornbusch et al 2011, 90) However, economic textbooks will often explain how earlier conceptions of economic growth bear no resemblance to a modern definition of it and will insist that the classical theories are best labeled development theories rather than growth theories (Shearer 1961;Sandmo 2011;Mokyr 2007). Well yes, it is true in the limited sense that current theories suggest the universe will one day run down.…”

Section: Jakob Bek-thomsenmentioning

confidence: 99%

History of Economic Rationalities

Bek-Thomsen¹,

Christiansen²,

Jacobsen³

et al. 2017

Ethical Economy

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Section: Jakob Bek-thomsenmentioning

confidence: 99%

History of Economic Rationalities

Bek-Thomsen¹,

Christiansen²,

Jacobsen³

et al. 2017

Ethical Economy

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“…Economic growth is expanding an economy's production (Shearear, 1961). It is a term that refers to the positive physical transformation that occurs in an economy (Todaro& Smith,2006).Some might say that stocks are tools used to improve the performance of local financial institutions and the economy (Kenny & moss, 1998).…”

Section: Introductionmentioning

confidence: 99%

Impact of Capital Market on GDP Growth in Nepal

Bhandari¹

2023

Lumbini J. Bus. & Econ.

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This study explores the connection between the capital market and Nepal's GDP growth from 1994 to 2002. The study examines how capital market performance affects the GDP growth of Nepal. The ARDL approach was used to examine the capital market's long-term effect on economic growth. To this extent, variables like market capitalization, gross fixed capital formation as investment, broad money supply, the NEPSE Index, the number of listed companies in NEPSE, and recurring expenditures were used in the system, affecting GDP growth. According to the study, the correlation shows the presence of a strong linkage between the capital market and GDP growth in Nepal. Findings show that the capital market has a significant influence on GDP growth. Negative and significant error correction terms indicate how quickly shocks and equilibrium are corrected. Some of the variables are insignificant in the short and long run, indicating the presence of structural and institutional lacks in Nepal's capital markets.

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“…The most widely employed measure of regional economic development is the regional equivalents of GNP or GDP per capita, defined as the total value of all income or goods and services produced within and outwith a region. The unadjusted GDP per capita reflects the "potential" rather than the "realized" economic welfare (Shearer 1961), but has occasionally been adjusted by the Gini coefficient (e.g. European Commission 2009; Pike et al 2012), purchasing power perity (e.g.…”

Section: Economic Output and Disparitiesmentioning

confidence: 99%

The Effects of Sub-National Government Consolidations: Quasi-Experimental Evidence from a Large-Scale Danish Structural Reform

Høst¹

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In the Ph.D. thesis, I assess the effects of local and regional government amalgamations on the most often mentioned issues addressed in comprehensive consolidation reforms, including local public sector efficiency, the quality of local democracy and local private-sector employment. I exploit a large-scale structural reform in Denmark in 2007 that substantially reshaped the boundaries of local and regional jurisdictions and unique register and survey panel data. The Ph.D. thesis includes four self-contained research articles.In research article 1: Kommunalreformens og sanktionslovgivningens betydning for den geografiske centralisering af kommunernes administration og service, I assess the spatial redistribution of local public funds, including the employment in local government administration, childcare, primary school and eldercare until six years after the reform. I further assess how the relative power of the mayor, the financial executive committee, and the municipal managers condition the location decision. The results suggest that the local government consolidations resulted in a spatial centralisation of the local public administration. However, it had no or modest effects on the locations of the core public services, given the relative political power of the mayor, the financial executive committee, and the municipal managers. RESEARCH PAPERS AND THEIR PUB-LICATION STATUS Research articlesThis thesis comprises of four self-contained research articles together with this summary report. The four research article are listed below:Research article 1: Høst, A.K. (2018). "Kommunalreformens og sanktionslovgivningens betydning for den geografiske centralisering af kommunernes administration og service". Politik og Økonomi, 91(4): 50-63Research article 2: Høst, A.K. (2021). "Jurisdiction size and local government administrative expenditures -Quasi-experimental evidence on the effect of spatial centralization, and labor input".

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The Concept of Economic Growth

Cited by 13 publications

References 5 publications

History of Economic Rationalities

History of Economic Rationalities

Impact of Capital Market on GDP Growth in Nepal

The Effects of Sub-National Government Consolidations: Quasi-Experimental Evidence from a Large-Scale Danish Structural Reform

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