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Abreu, Maria; Groot, Henri L.F. de; Florax, Raymond J.G.M. - Tinbergen Instituut - 2004

This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …

Persistent link: https://www.econbiz.de/10011256152

A Meta-Analysis of Beta-Convergence: The Legendary Two-Percent

Abreu, Maria; Groot, Henri L.F. de; Florax, Raymond J.G.M. - Tinbergen Instituut - 2005

The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …

Persistent link: https://www.econbiz.de/10011255754

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

Economic Growth and the Volatility of Foreign Aid

Chervin, Michal; Wijnbergen, Sweder van - Tinbergen Instituut - 2010

Foreign aid’s effectiveness in promoting economic growth remains mired in controversy.We examine the impact of the volatility of aid on economic growth, controlling for the level of aid. A four-year panel analysis is conducted encompassing 155 countries over the period 1966-2001. We find that...

Persistent link: https://www.econbiz.de/10011255582

The Empirical Economic Growth Literature

Florax, Raymond J.G.M.; Groot, Henri L.F. de; Heijungs, … - Tinbergen Instituut - 2002

The empirical economic growth literature is criticized for its lack ofrobustness. For different definitions of robustness, conclusions vary from 'almost everycorrelation is fragile' to 'a substantial number of explanatory variables are robust.' Were-analyze the empirical results of the economic...

Persistent link: https://www.econbiz.de/10011255799

Growth Effects of Fiscal Policies - A Comparative Analysis in a Multi-Country Context

Brons, Martijn; Groot, Henri L.F.M. de; Nijkamp, Peter - Tinbergen Instituut - 1999

The potential interactions among fiscal policies, investments and economicgrowth are complex and manifold.In this paper, we will perform a systematic comparative analysis of the variouseconomic insights that arecurrently available on these complex relationships, both theoretically (by aselective...

Persistent link: https://www.econbiz.de/10011255976

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