answersLogoWhite

0


Best Answer

McKinnon (1973) and Shaw (1973) argue that financial deepening increases the rate of domestic savings, and this lowers the cost of borrowing and thusstimulating investment. The core of this argument rests on the claim that developing countries suffer from financial repression. It posits therefore that the liberation of these countries from their repressive conditions would induce savings, investment and growth. In this view, investment is positively related to the real rate of interest, in contrast to, the neoclassical theory. The reason for this is that a rise in interest rate increases the volume of financial saving through the financial intermediaries and as such increases investible funds, a phenomenon that McKinnon (1973) calls the "conduit effect".

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Could you explain McKinnon's conduit effect?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Electrical Engineering

What is the minimum size service cconduit for a 100 amp service?

If the service stack is supported by a support structure and the utility feed drop is not supported from the conduit, the size of the conduit can be 1 1/4". If the service stack is used to support the utility feed drop then the conduit has to be 2" schedule 40 conduit. The reasoning behind this is that if in a storm a tree limb falls across the service drop, the lighter weight conduit could bend and pinch the wires in the stack and short out. This would be ahead of the main service breaker and the only protection for the wire would be the primary fuse at the transformer. Theoretically this amperage could rise to 50000 amps before the primary fuse blows. A schedule 40 service stack if supported, as the code requires, will withstand most tree falls. What is most likely to happen is that the utility connectors will pull apart leaving the service stack intact.


Could there be a strobe effect with fluorescent lighting?

Yes, it usually happens when the tubes are cold. As the fixture and tubes warm up this effect disappears.


What is the largest wire size I can use to fit a 1 14 conduit?

This depends on how many wires you need to put through the conduit. Typically you would figure out what size wire you need to handle a given load, and then find the smallest conduit you could possibly put those wires in. I'd actually need to know what type of conduit, also. Size your wire first, then your conduit. If you don't know how to size your wire, call an electrician. If you do it wrong you will start a fire. Once you've got your wire size, NEC Table C1 for EMT or C2 for PVC should head you in the right direction. ----If you do not understand the work well enough to accomplish it yourself properly and safely, don't try it. Consult a professional electrician, as they are proficient enough to do it properly and safely. When working on electrical circuits and equipment, make sure to de-energize the circuit you will be working on. Then test the circuit with a definitive means to make sure it is off (multimeter with metal tipped leads, voltage tester with metal tipped leads, etc., not a non-contact tester, which is non-definitive.)


What negative effect could happen by over sizing a run capacitor?

Oversizing the capacitor can shorten motor life.


How far apart should straps be place on electrical metallic tubing conduit?

Assuming your local jurisdiction adopts the NEC as code, EMT must be fastened within 3 feet of each termination point (box, cabinet, conduit body, etc.) and every 10 feet of conduit run. Where the (horizontal run) EMT passes through a hole in a framing member is allowed to count as a support in lieu of a strap. You can place fasteners closer if you want, but not further apart. There are two exceptions. #1 You can increase distance "within 3 feet of a termination" to 5 feet where structural members do not readily permit fastening within 3 feet. #2 For concealed work in finished buildings or prefinished wall panels where such securing is impractical, unbroken lengths (without couplings) of EMT shall be permitted to be fished. Reference 2005 NFPA 70 (NEC) 358.30(A)(B) Of course if you do not live in the US, or if your local municipality has adopted a different code or adopted the NEC with ammendments, your local law could be different. Check with the local building department to be sure.

Related questions

Where can one purchase an aluminum conduit?

One could purchase aluminum conduit at home improvement retailers such as Home Depot, Lowe's or Rona. One could also order it through a wholesaler such as American Conduit.


What is the past tense of rod?

'Rod" can be an action. "We have to rod this conduit to see if we can place a cable in it." So i guess you could say: "Did you rod the conduit?" or "We did rod the conduit." I am not sure about saying it like this though. "The rod attempt for that conduit came back as blocked." I know where I work we just say we rodded the conduit even though "rodded" is not a real word.


Why did religion have such a pround effect on early humans?

People then did not have information to help them explain what they were seeing or hearing. The could not predict the weather for more than a day or two. They did not know what microbes are. They thought that bad air causes disease. Since they could not explain things, they tried to by using religion.


What are Expository and Cause and Effect writing?

Expository writing is the art of explaining things that are hard to explain. So, if you wrote a paper about how to change your oil, that could be expository... or even just how to explain yourself. :) Cause and Effect papers are ones that usually focus on one cause and many effects, or several causes and one effect. Examples would be "why I decided to quit" or "How divorce impacts children."


What kinds of accessories are used in full conduit wiring?

If the conduit has reached its limit as to how many wires can be in it, there is only one course of action and that it to install another conduit parallel to the existing one. The electrical code book only allows a certain cross sectional filling of any conduit size. The rule is based on the dissipation of heat from the conductors in the circuits through the conduit walls. Once the wire fill has reached that figure no more wires should be pulled in because of insulation heating. Over time the heating of the insulation could lead to insulation breakdown and then short circuiting of the existing conductors that are in the same conduit.


What effect does a high pH have on the Danube River and the surrounding ecosystems?

What realistic process could be used to neutralize the river? Explain how the process you suggest would improve conditions.


In game of volleyball explain what is meant by a 5-1 setting system and explain why it could be successful?

explain what is meant by a 5-1 setting system and explain whyn it could be successful


Explain how bacteria could be useful instead of hazardous?

explain how bacteria could be useful instead of hazardous.


Could a triangle and a rectangle ever be congruent explain?

Could a traingle and a rectangle ever be congruent? Explain.


Where can a person buy a conduit bender?

As always, when looking for any product or item it is recommended to check on eBay, as many items from modern to antique could generally be found. A conduit bender is not an exceptional. If a suitable conduit bender cannot be found, try 'Machinemart'. Go to the official site and check for the address if visiting the store in person is your preferred choice, over browsing online.


What is the full form of pg in pg gland?

PG = Panzergewinde... what derives from "Stahlpanzerrohrgewind".This is German and could be translated as "steel conduit thread"Cheers


Who believed that numbers could be used to explain the natural world?

Pythagoras believed numbers could be used to explain the natural world.