The harmonic mean of a set of numbers, commonly used in various economic and statistical analyses.
The process of convergence over time of tax rates and regulatory rules in countries belonging to an economic bloc.
An economic concept where technological progress increases labor productivity but leaves the capital-output ratio unchanged.
Definition and detailed exploration of Harrod-neutral technical progress in economics
An exploration of the Harrod–Domar growth model, its foundation, assumptions, and implications on economic growth.
Model specification test to compare estimators for consistency and efficiency.
A remittance system developed in India that operates parallel to standard banking or financial channels, based on trust and network communication.
The 1974 UK Act setting standards of health and safety at work and provisions for their enforcement.
A field of economics that studies economic aspects of health care provision and management.
Insurance against medical expenses and loss of earnings due to accident or illness.
A detailed examination of the group of 39 countries identified for potential debt relief by international financial institutions based on specific economic criteria.
A foundational framework in the theory of inter-industry trade, named after its creators, which postulates that differences in relative factor endowments drive international trade patterns.
