Thesis. 1977. Ph.D.--Massachusetts Institute of Technology. Dept. of Economics. / MICROFICHE COPY AVAILABLE IN ARCHIVES AND DEWEY. / Vita. / Includes bibliographies. / by Jacques Crémer. / Ph.D.

by Sun Minghe. / Summary in Chinese. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1987. / Bibliography: leaves 86-87.

by Wong Hong Man Thomas. / Thesis (M.Phil.)--Chinese University of Hong Kong, 1997. / Includes bibliographical references (leaves 67-69). / Acknowledgements / Abstracts / Chapter Chapter1 --- Introduction / Chapter 1.1 --- Appropriate Role of Government in Economic Development 1 - --- p.3 / Chapter 1.2 --- Government and Infrastructure --- p.3-4 / Chapter 1.3 --- "Division of Labor, Intermediate Inputs and Economic Development" --- p.4-6 / Chapter 1.4 --- "Relationships Among Infrastructure, Intermediate Inputs and Final Goods" --- p.7-11 / Chapter Chapter2 --- Literature Review / Chapter 2.1 --- The related Work in Literature of Development Economics --- p.12-14 / Chapter 2.2 --- The Related Work in Literature of Economics of Infrastructure --- p.14-15 / Chapter 2.3 --- The Related Work in Literature of Increasing returns to Scale and Multiple Equilibria --- p.15-19 / Chapter Chapter3 --- The Basic Model / Chapter 3.1 --- Basic Assumption of the Model --- p.20-20 / Chapter 3.2 --- Technology and Increasing Returns to Scale --- p.21-23 / Chapter 3.3 --- Market Equilibrium Conditions --- p.23-25 / Chapter 3.4 --- Relative Cost Function --- p.25-33 / Chapter Chapter4 --- Government Policy and Production Cost / Chapter 4.1 --- Relative Cost Function and the Selection of Equilibrium --- p.34-43 / Chapter Chapter5 --- Government Policy and National Income / Chapter 5.1 --- Optimal Level of Public Input --- p.44-50 / Chapter 5.2 --- The Ranking of Equilibria --- p.50-54 / Chapter 5.3 --- The Mismatch --- p.54-56 / Chapter Chapter6 --- Concluding Remarks --- p.57-61 / Figure 1 --- p.62-62 / Appendix A --- p.63-63 / Appendix B --- p.64-66 / Reference --- p.67-69

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This paper is divided into four distinct sections. 1. An explanation of the meaning of input/output analysis, especially the derivation and significance of the table of direct and indirect requirements. 2. An outline of the decisions taken in constructing the West Malaysian 1960 transactions table from a set of National Accounts - especially the treatment and valuation of imports and exports; producer versus purchaser price valuation of transactions; and problems of inconsistent and incomplete double entry records. 3. An explanation of the method of forecasting from input/ output tables. This includes discussion of: a. A method of estimating aggregate demand for Malaya for 1970. b. A method of projection of value added for each sector, 1970. c. The likely stability of the input coefficients over time. 4. Results; a. Differences between the 1960 and 1965 table projections due to changes in Leontief inverses and value added coefficients over time, as the economy undergoes change. b. Comparison of the table projections with the First Malaysia Plan projections: i. Are the Plan projections likely to be reached in 1970? ii. Why are some of the table projections so inaccurate? The paper concludes that 1. The projections from the 1965 input/ output table are generally superior to those from the 1960 table. 2. Under conditions of structural change, even 5 years is too far ahead to expect input/output analysis to yield accurate projections for most sectors. / Arts, Faculty of / Vancouver School of Economics / Graduate

With South Korea as the case study, this thesis analyzes the role, allocation, and productivity of foreign capital. We evaluate hypotheses based on the Harrod-Domar, Solow-Swan, and dual-gap growth models with foreign savings. An econometric growth-with-foreign debt model (consisting of forty three equations) is estimated to test hypotheses and to quantify theoretical conclusions. The econometrics include tests of (a) the Griffin-Enos substitution hypothesis, and (b) the Please hypothesis or effect. We also include South Korea's internal and external economic adjustments in response to the oil-with-recessionary shocks in 1974-1975, and 1979-1980. The econometric model is tested to ensure that its dynamic and system characteristics are economically and statistically sound to support simulation experiments. As a supplement to the economic analysis, the final chapter includes essential non-economic considerations.

Inflation and unemployment are perhaps the two most important challenges that face the South African economy of today. Firstly, the study examines the relationship between monetary policy and the two economic fundamentals (inflation and unemployment), using the VEC modeling technique. The model regresses the monetary policy variable against inflation and unemployment growth over the period 1980-2008. The results suggest that (1) there is a long run relationship between inflation and unemployment (2) monetary policy reacts more to variations in inflation compared to variations in unemployment. Secondly, the relationship between inflation and unemployment as explained by the Phillips curve is investigated. The results show that there is a positive relationship between inflation and unemployment.

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