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Circular economy as the basis of today's sustainable development [PDF]
The circular economy is defined as a quot systematic approach to economic development designed to benefit businesses, society and the environment quot. Unlike the linear economy, which operates on the principle of quot take-make-discard quot the circular
Janković Gordan, Golubović Miloš
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Analysis of the impact of the circular economy concept on economic development [PDF]
Unlike the linear model of economic development, which is based on taking resources from nature, turning them into a finished product and using that product as the final stage of the life cycle of resources, without taking into account the degree of ...
Janković Gordan, Golubović Miloš
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Real GDP Per Capita in Developed Countries [PDF]
Growth rate of real GDP per capita is represented as a sum of two components -- a monotonically decreasing economic trend and fluctuations related to a specific age population change. The economic trend is modeled by an inverse function of real GDP per capita with a numerator potentially constant for the largest developed economies.
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How Negative Is Negative Real GDP Growth? [PDF]
Most forecasters think the surprise first-quarter contraction is not a harbinger of another recession, but history suggests caution.
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Impact of the Russian Stock Market on Economic Growth
The article considers the impact of the stock market on the economic growth. The aim of the study is to determine the degree of impact of the Russian stock market on gross domestic product, as well as to analyze the significance of various financial ...
E. A. Fedorova +2 more
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Effect of U.S. Monetary policy shock on GDP of oil-exporting countries: A GVAR Approach [PDF]
Monetary and financial crisis have different effects on different economies of the world, which in addition to economic factors of countries, depends on the type of their interlinkage in a global economy. Regarding to the importance of U.S.
Elnaz Hajebi +3 more
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ANALYSIS OF THE DYNAMICS OF INVESTMENT VOLUME IN ROMANIA ACCORDING TO GDP, INTEREST RATE AND INFLATION RATE [PDF]
In this article, the analysis of the dynamics of the volume of investments in the Romanian economy is carried out according to four input variables: the real GDP, the monetary policy interest rate, the annual inflation rate and the linear trend of ...
NADIA ELENA STOICUȚA
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Forecasting Real GDP: What Role for Narrow Money? [PDF]
This paper analyses the information content of M1 for euro area real GDP since the beginning of the 1980s and reviews theoretical arguments on why real narrow money should help predict real GDP. We find that, unlike in the U.S., in the euro area, M1 has better and more robust forecasting properties for real GDP than yield spreads.
Seitz, Franz +2 more
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Real production and real income growth over the COVID-19 pandemic
The COVID-19 pandemic affected the Canadian economy in numerous ways, one of which was changing the relationship between growth in production, and changes in real consumption and real gross fixed capital formation (GFCF).
Sean Clarke, Ryan Macdonald
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Nowcasting Czech GDP in real time [PDF]
Abstract In this paper, we employ a Dynamic Factor Model (DFM) to nowcast Czech GDP. Using multiple vintages of historical data and taking into account the publication lags of various monthly indicators, we evaluate the real-time performance of the DFM over the 2005–2012 period.
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