We study the effects of time-using rent-seeking activities on the macroeconomic allocation and the economic growth rate … ensures that the model features endogenous growth. The rewards to rent-seeking accrue during youth and part of the additional …-seeking increases the steady-state economic growth rate in the benchmark model. We identify three main mechanisms affecting the growth …

output growth. Some claim that export performance depends only on nonprice competition and the RER is irrelevant to long …-run growth, whereas others argue that the RER is a key variable for promoting long-run economic development. Neither extreme view … growth, but subject to numerous qualifications. For example, RER effects on exports differ by type of goods exported, while …

The article refers to the new Synthetic Efficiency Indicator for Economic Growth (SEI-EG) proposed in an earlier … publication. Research from 2016-2018 in 11 EU countries revealed small nations were notably more effective at sustainable growth … the relative efficiency of transforming growth inputs and debt into sustainability outcomes for small countries in the EU …

Purpose The principal aim of this paper is to review three basic theoretical growth models, namely the Harrod … growth. Both the Solow and Ramsey models can be used to explain the medium-income trap. The paper examines the impact of … Covid shocks on the macroeconomy. While the growth rate can be recovered, it may not always possible to recover the output …

factors driving the growth of nontraditional agricultural exports in Ghana using an Autoregressive Distributive Lag (ARDL … Organization (FAO). The study identified real GDP to be a significant determinant of NTAE's growth in both contemporaneous and lag … forms. Other variables including inflation, gross capital formation and foreign direct investment influence NTAE's growth …

This study examines causal relationship between foreign direct investment (FDI) inflows and economic growth in Tanzania … intermediate variables because of their intermediation role in this study. FDI inflow is considered an important economic growth … catalyst in developing economies. Neoclassical growth theories claim that it enhances economic growth by augmenting capital …