Showing 1 - 10 of 14
Given its significant policy implications, the nexus between public expenditures and economic growth has been the subject of an extensive and often emotive theoretical and empirical debate. The nexus between two types of public expenditures and economic growth is examined in this paper using...
Persistent link: https://www.econbiz.de/10010608277
This paper analyzes the time stability of the GDP beta convergence in two subsamples: EU27 countries during 1993 … compared with the widely cited 2% rate of convergence. (2) The pure mechanism of conditional convergence of the countries under … study was rather constant over time: there were periods of more rapid or slower convergence but the differences were not as …
Persistent link: https://www.econbiz.de/10011048966
and convergence levels. A partial equilibrium model (POLES) of the world's energy system is used to provide detailed … global growth. Convergence in living standards on the other hand places greater pressures in terms of the required reduction …
Persistent link: https://www.econbiz.de/10010899107
the regional output per worker and raises the speed of convergence. By contrast, the pure geographical metrics is … underperforming, while underestimating the convergence dynamics. …
Persistent link: https://www.econbiz.de/10008495352
The paper investigate the effects of knowledge on economic growth at the regional level Methodology approach: We elaborate a view on knowledge as the result of a combinatorial search activity and implement indicators synthesizing the network architecture of knowledge structure Findings:...
Persistent link: https://www.econbiz.de/10010898708
This paper elaborates a view on knowledge as a result of a combinatorial search activity, so as to investigate its effects on economic growth at the regional level. Empirical estimations corroborate the hypothesis that knowledge coherence and variety, besides the traditional measure of knowledge...
Persistent link: https://www.econbiz.de/10010569153
Achieving sustained high rates of economic growth in Pacific countries has proved incredibly challenging. Despite many being rich in natural resources, receiving high levels of foreign aid and being open to external trade, the economic growth rates of Pacific Island countries are the lowest and...
Persistent link: https://www.econbiz.de/10010744003
This paper analyses how the quality of governance, the size of public spending, and economic development affect the relationship between bureaucratic corruption and economic growth. The analysis shows that the interaction between corruption and governance shapes the efficiency of public...
Persistent link: https://www.econbiz.de/10010744009
To assist with progress towards the United Nations Millennium Development Goals (MDGs) in developing countries, the international community is scaling-up foreign aid to record levels. Concurrently, there are concerns that additional aid will not be used effectively due to a problem of absorptive...
Persistent link: https://www.econbiz.de/10010573277
This study is an attempt to test the long run relationship between international tourism and economic growth of Pakistan by using Autoregressive Distributed Lag (ARDL) models over the period of 1972 to 2011. The initial results show that the causality runs from tourism to economic growth....
Persistent link: https://www.econbiz.de/10010719369