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Comparing China and India: Is the dividend of economic reforms polarized?  [PDF]
Sudip Ranjan Basu
The European Journal of Comparative Economics , 2009,
Abstract: The paper compares the economic performance of China and India during the period of their ongoing reform policies. It develops a new measure of development, namely, a development quality index (DQI), to compare performance of China and India. The results show that national-level development quality grew three times faster in China than in India. Conversely, the health quality index grew three times as fast in India than China over the period 1980-2004, narrowing the gap in outcomes. The overall regional development quality level improved in both countries, but polarization widened in China. The direction of overall inter-regional polarization in China indicates a rising concentration of development gains from economic reform policies. The inter-regional economic polarization in recent years is more pronounced in India.
Gaia  [PDF]
C. Cacciari,E. Pancino,M. Bellazzini
Physics , 2015,
Abstract: A review of the Gaia mission and its science performance after one year of operations will be presented, and the contribution to reconstructing the history of the Milky Way will be outlined.
Joint Impact of the Dimensions of Governance and Economic Freedom on Economic Growth in O.E.C.D. Nations: An Analysis with Controls for Budget Deficits and G8 Status  [cached]
Richard Cebula,Marcus Ekstrom
Research in Applied Economics , 2009, DOI: 10.5296/rae.v1i1.186
Abstract: This study examines the impact of various forms of economic freedom and various dimensions of governance, as well as a number of economic factors, on economic growth among O.E.C.D. nations. The study period runs from 2004 through 2007. The study adjusts for status as a G8 nation and for budget deficits. Panel least squares estimation finds that the natural log of per capita purchasing-power-parity adjusted real GDP in O.E.C.D. nations is positively impacted by business freedom, monetary freedom, trade freedom, and property rights security. Economic growth is found to be negatively affected by perceived government corruption while being positively impacted by both control of corruption and political stability. Other findings indicate that higher unemployment rates and higher long term nominal interest rates inhibit economic growth, while net export growth enhances economic growth.
Does Dividend Policy Follow the Capital Structure Theory?  [PDF]
Justyna Franc-Dabrowska
Managing Global Transitions , 2009,
Abstract: Decisions concerning the most optimal choice of financing sources and dividend policy are some of the most difficult financial decisions. This article presents the results of research concerning relationships between two capital structure theories (hierarchy theory and substitution theory) and dividend payment policies in Polish stock companies of the agricultural and foodstuff sector (2001–2006). The research hypothesis was verified positively; company management limits dividend payment according to the hierarchy theory and prefers internal sources of financing economic activities. In order to verify the hypothesis, the methods of descriptive analysis, financial analysis and descriptive statistics were applied, together with a fixed effects model.
Dividend Policy Controverses
Ljiljana Vidu?i?
Zbornik Radova Ekonomskog Fakulteta u Rijeci : ?asopis za Ekonomsku Teoriju i Praksu , 2005,
Abstract: Dividend theory shares with capital structure theories the attribute of area of high controversy. Financial literature discusses whether there is an interdependency of dividends and share price, i.e. value of the firm. The main views may be defined with three theories of dividend policy. However, unambiguous solutions are still lacking. Literature on dividends highlights several concepts that may be important in defining the dividend policy. Dividend policy aims to define payout ratio, sort of dividend and way of maintaining dividend stability, since stability of dividend is found to be of interest in practice. Managers, namely, prefer stability of dividend policy and the amount of dividends taking in account the signalling effect. If stability of dividends is preferred by investors it follows that stable dividend policy will lead to minimization of cost of capital and maximization of share price.
The Relationship between China’s Population Structure Change in Minority Areas, Economic Growth and Demographic Dividend—Based on an Empirical Analysis of Time Series Data from 1992 to 2012  [PDF]
Shanshan Gao, Junlin Shao
Open Journal of Business and Management (OJBM) , 2016, DOI: 10.4236/ojbm.2016.42028
Abstract: Because the sustainability of the economic development model has drawn much attention recently, the academic circle and the government have begun to focus on the population of minority areas. In past literature, due to the lack of the positive analysis of the relationship between minority population transition and economic development, and due to sample limitation and other factors, the research result is not very convincing. This paper used the economic convergence theory to establish a theoretical model, and selected the panel data in eight minority-concentrated provinces from 1992 to 2012 to analyze the impact of population transition in these provinces on economic growth. The result reveals a significant positive correlation between investment, human capital, the growth rate of labor and per capita GDP growth, a significant negative correlation between children’s dependency ratio and per capita GDP growth, and an uncertain relationship between elderly dependency ratio and per capita GDP growth. To maximize the democratic dividend, it is necessary to speed up the development of educational undertakings in minority areas, and to accelerate the industrial structure transition of minority areas. It is also important to perfect institutional improvement of minority areas.
Dividend Is Relevant: A Restatement
DE Amadasu
African Research Review , 2011,
Abstract: Dividend is relevant: A restatement or dividend does not lead to increase instock price, needs to be tested against the backdrop of controversies ofMillet-Modigliani (M-M) thesis, other contributors and local contributionsfrom Nigeria using First Bank of Nigeria Plc (Nigeria s major Bank) figuresin a regression. The major finding is that dividend given alone cannotincrease the stock price. The major recommendation is that dividend, priceearningsratio, retained earnings, return on capital employed andautonomous part assumed to be government, external, internal, andeconomic environment, should be coordinated through policy instruments forcorporate governance for dividend to have relevance.
The Gaia mission  [PDF]
L. Eyer,B. Holl,D. Pourbaix,N. Mowlavi,C. Siopis,F. Barblan,D. W. Evans,P. North
Physics , 2013,
Abstract: Gaia is a very ambitious mission of the European Space Agency. At the heart of Gaia lie the measurements of the positions, distances, space motions, brightnesses and astrophysical parameters of stars, which represent fundamental pillars of modern astronomical knowledge. We provide a brief description of the Gaia mission with an emphasis on binary stars. In particular, we summarize results of simulations, which estimate the number of binary stars to be processed to several tens of millions. We also report on the catalogue release scenarios. In the current proposal, the first results for binary stars will be available in 2017 (for a launch in 2013).
White dwarf research with Gaia  [PDF]
Stefan Jordan
Physics , 2014,
Abstract: The results of the Gaia mission will have tremendous influence on many topics in white dwarf research. In this paper the current status of the Gaia mission is described. At the end a short outlook on the release scenario and the expected accuracy of the Gaia data is provided.
Foreign policy matters: a normative view of the G8 and population health
Labonte,Ronald; Schrecker,Ted;
Bulletin of the World Health Organization , 2007, DOI: 10.1590/S0042-96862007000300011
Abstract: the group of eight (g8) countries occupy a dominant position in the international economic and political order. given what is known about influences on the social determinants of health in an interconnected world, the g8 are a logical starting point for any enquiry into the relations between foreign policy and health. we first make five arguments for adopting an explicitly normative, equity-oriented perspective on the performance of g8 policy in areas related to population health. we then examine g8 performance with respect to the crucial policy triad of development assistance, debt relief and trade, finding that neither rhetoric nor promising institutional innovation has been matched by resources commensurate with demonstrated levels of need. we conclude that it is necessary to pursue advocacy efforts based on the normative perspective we have put forward and that doing so effectively requires further investigation of why some polities are more receptive than others to policies of redistribution both within and outside their borders.
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