Showing 1 - 10 of 10
political economy process, where legitimate social goals are mixed with the objectives of particular interest groups. Whatever …
Persistent link: https://www.econbiz.de/10010522729
"External exposure can be measured by the sensitivity of first and second moments of economic growth to openness and foreign shocks. This paper provides an empirical evaluation of external exposure using panel data methods for a worldwide sample of countries. Controlling for domestic conditions,...
Persistent link: https://www.econbiz.de/10010522467
"Loayza and Rancire study the apparent contradiction between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of financial depth as measured by, for instance, private domestic...
Persistent link: https://www.econbiz.de/10010522903
"Chen and Dahlman assess the effects of knowledge on economic growth. By using an array of indicators, each of which represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period 1960 to 2000, they show that knowledge is a...
Persistent link: https://www.econbiz.de/10010522968
Persistent link: https://www.econbiz.de/10010523049
Persistent link: https://www.econbiz.de/10010523118
After years of poor economic performance, many Latin American countries undertook ambitious programs of macroeconomic stabilization andstructural reform in recent years. This change in policy created high expectations for the region, and some observers have questioned whether actual growth...
Persistent link: https://www.econbiz.de/10005129321
the possibilities and limits of a saving-based growth agenda in the context of the Egyptian economy. This is done through … a simple theoretical model, calibrated to fit the Egyptian economy, and simulated to explore different potential … scenarios. The main conclusion is that if the Egyptian economy does not experience progress in productivity -- stemming from …
Persistent link: https://www.econbiz.de/10008800593
The authors evaluate whether the level of development in the banking sector exerts a causal impact on economic growth and its sources-total factor productivity growth, physical capital accumulation, and private saving. They use (1) a pure cross-country instrumental variable estimator to extract...
Persistent link: https://www.econbiz.de/10005116009
neoclassical growth model with endogenous private saving, calibrates it to fit the Sri Lankan economy, and simulates the behavior …
Persistent link: https://www.econbiz.de/10010829428