Economic growth can be represented by A. a movement down the production possibilities frontier (PPF). B. a movement up the production possibilities frontier (PPF). C. an inward shift of the production possibilities frontier (PPF). D. an outward shift of the production possibilities frontier (...
Economic growth can be represented byA.a movement down the production possibilities frontier (PPF).B.a movement up the production possibilities frontier (PPF).C.an inward shift of the production possibilities frontier (PPF).D.an outward shift of the prod
Changes in the size and education level of the labour force may greatly affect future GDP growth. Many studies have focused on the estimation of the population in China under SSPs, but at a coarse resolution, regarding China as a whole66,67. In this study, a multidimensional projection model...
We adopt the EKC as the theoretical model in this study because of its increasing importance and prediction that economic growth may be very crucial in solving the environmental problems of the future in the presence or absence of sound policy interventions [21]. 2.2. Empirical Evidence on Econo...
In statistics, growth rates can be relative and may not fully tell the entire story. In 2018, the U.S. economy grew by 2.9%. Some economists believe that this number represented a high point for some time to come. They were forecasting an expansion of 2.2% in 2019, and a further slow...
Based on it, the more the agricultural population migrates into urban area from rural area, the less the metropolitan electricity intensity is, and then the less the metropolitan electricity consumption will be following economic growth. In order to address the endogenous problem between electricity ...
initiative for expanding its international trade. China Economist Vol.17, No.3, May-June 2022 23 strategic motivations behind the BRI. In publicizing the BRI's progress, China has also focused on economic indicators such as trade and investment growth with BRI countries and corporate investment ...
This structural change led East Asian model has displayed visible short to medium term benefits as well as setting the stage for longer-term growth. 3.2. Stylized facts of structural Dualism in China The evidence of structural dualism in China four decades ago can be displayed by the comparison...
1. The situation before y2 is consistent with the inverted U-shaped EKC; however, after y2, economic growth “reconnects” with pollution after absolute decoupling. It can be seen that the decoupling coefficient changes to positive again and gradually increases and finally surpasses 1.2. ...
Human capital is a chief factor in rapid economic growth, and this is represented by the reservoir of knowledge and experience that is deposited within the people who make up the members of the society under consideration. This phenomenon can be seen in the manner in which societies with well...