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The Effect of Migration on Income Growth and Convergence: Meta-Analytic Evidence

Ozgen, Ceren; Nijkamp, Peter; Poot, Jacques - Institute for the Study of Labor (IZA) - 2009

long-run real income convergence and derive 67 comparable effect sizes. The precision-weighted estimate of beta convergence … is more consistent with endogenous self-reinforcing growth than with neoclassical convergence. Introducing a net … migration variable in a growth regression increases the estimate of beta convergence slightly. Studies that use panel models or …

Persistent link: https://www.econbiz.de/10008527330

Fiscal Policy Coordination in Asia : East Asian Infrastructure Investment Fund

Abidin, Mahani Zainal - East Asian Bureau of Economic Research (EABER) - 2010

East Asian countries were seriously affected by the 2008 global crisis through a steep fall in exports. This experience exposed the vulnerability of the East Asian growth model and emphasized the importance of generating regional growth by expanding domestic demand and enlarging intra-regional...

Persistent link: https://www.econbiz.de/10009363952

A Pair-Wise Approach to Testing for Output and Growth Convergence

Pesaran, M. Hashem - Institute for the Study of Labor (IZA) - 2004

This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs … of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also …-2000. Overall, the results do not support output convergence, and suggest that the findings of convergence clubs in the literature …

Persistent link: https://www.econbiz.de/10005566528

The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-Being Data

De Neve, Jan-Emmanuel; Ward, George W.; De Keulenaer, Femke - Institute for the Study of Labor (IZA) - 2015

Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth are experienced. We find that measures of life satisfaction and affect are more than twice as sensitive to...

Persistent link: https://www.econbiz.de/10011210821

Then and Now: Reflections on Two Australian Mining Booms

Gregory, Bob - Institute for the Study of Labor (IZA) - 2011

Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by export price increases (trading gains) rather than export...

Persistent link: https://www.econbiz.de/10009294837

Should Easier Access to International Credit Replace Foreign Aid?

Bandyopadhyay, Subhayu; Lahiri, Sajal; Younas, Javed - Institute for the Study of Labor (IZA) - 2011

We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...

Persistent link: https://www.econbiz.de/10009325434

Emergence of China and India in the New Millennium : Will it Facilitate Market Access for LDCs and Developing Countries?

Mohanty, S. K.; Chaturvedi, Sachin - East Asian Bureau of Economic Research (EABER) - 2005

China and India have emerged as highly dynamic economies in recent years. In the Asian region their growth and economic expansion has generated its own complementarities. The paper has empirically shown that surge in the exports of these two countries have significantly contributed to their...

Persistent link: https://www.econbiz.de/10009363489

The Pattern of Growth in Indonesia after the Economic Crisis 1997/1998 : Does the Primary Sector Still Need to Support Economic Growth?

Hirawan, Fajar Bambang; Cesaratto, Sergio - East Asian Bureau of Economic Research (EABER) - 2008

This paper aims to examine the pattern of growth in Indonesia, especially after the economic crisis 1997/1998. Indonesia suffered a catastrophic economic crisis from the year 1997 until 1999 and the economy improved from the year 2000 even though it was still dependant on the non-economic...

Persistent link: https://www.econbiz.de/10009363511

Growth Diagnostics in Pakistan

Qayyum, Abdul; Khawaja, Idrees; Hyder, Asma - East Asian Bureau of Economic Research (EABER) - 2008

Following the Hausmann, et al. (2005) methodology, we attempt to identify the constraints to growth in Pakistan. We argue that governance failure and institutional shortcomings are the heart of the matter : corruption is rampant, judicial independence is low, educational institutions do not...

Persistent link: https://www.econbiz.de/10009363661

How Does Financial System Efficiency Affect the Growth Impact of FDI in China?

Xu, Ying - East Asian Bureau of Economic Research (EABER) - 2009

In spite of being the second largest recipient of FDI in the world, China shows limited evidence of considerable FDI benefits on growth (Fan and Hu 2007; Luo 2007; Ran et al. 2007). Motivated by Alfaro et al.s (2003) model, this study tests whether poor financial market development might be responsible...

Persistent link: https://www.econbiz.de/10009365250