Showing 1 - 8 of 8
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...
Persistent link: https://www.econbiz.de/10010878427
the empirical results caused by the use of different spatial scales in the analysis of convergence process of European … (MAUP). Thus, convergence processes among EU15 are examined across three spatial scales often used in applied work, namely …, NUTS1, NUTS2 and NUTS3, between 2000 and 2008. The paper suggests that convergence pattern of EU regions depends on the …
Persistent link: https://www.econbiz.de/10010740554
This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small...
Persistent link: https://www.econbiz.de/10011242206
Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger...
Persistent link: https://www.econbiz.de/10011242243
probability of stalled convergence increases. On the other hand, with reforms to accelerate TFP growth and shift the economy away … from its continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward … and sustain such a convergence toward the level of more prosperous economies. …
Persistent link: https://www.econbiz.de/10011242319
Our paper examines the long run relationship between economic growth and the current account balance equilibrium by relying on the BoP constrained growth model. We find that Vietnam grew less than the rate predicted when the period 1985 to 2010 as a whole is considered, but with different...
Persistent link: https://www.econbiz.de/10010706920
This paper analyses the hypothesis that the robust relationship between trust - as measured by the World Values Survey's question "In general, do you think that most people can be trusted, or that you can't be too careful in dealing with people?" - and economic growth, established by empirical...
Persistent link: https://www.econbiz.de/10008690481
, attracting immigration and amenities. Nevertheless, although it seems to have convergence among the big cities considered in this … convergence-divergence among 50 Mega-cities of the World, and the convergence-divergence among its corresponding countries, using … several growth models, studying the possible existence of Clubs convergence among these cities and countries. …
Persistent link: https://www.econbiz.de/10011076064