This is a preview. Log in through your library . Abstract This paper estimates aggregate short-run and long-run import demand functions for the Philippines using data for the period 1960-2006. Results ...

I examine a rent-seeking contest in which the winner gets a minimum rent but also gets an additional rent which is an increasing function of his lobbying expenditure. I give real-world examples of ...

The point and aim of an economy is the people keep getting better off. Consumption makes up some 70% of all demand in the economy, meaning that if consumption is rising so, likely, will the whole of ...

An economy’s growth is like sailing on two boats tugged to each other. On one side is the supply or the production of goods and services. GDP, or gross domestic product, is the value the production ...

The story so far: With the economy still hurting from the pandemic, the Budget on February 1 is likely to address concerns around growth, inflation and spending. The Budget, which will be tabled in ...

Capital Expenditure by the Federal Government would rise by 60 percent in four years if the N5.35 trillion proposed by President Muhammadu Buhari is passed by the National Assembly, from the N2.14 ...