Showing 21 - 30 of 115
We explore the question of how political institutions and particularly democracy affect economic growth. Although empirical evidence of a positive effect of democracy on economic performance in the aggregate is weak, we provide evidence that democracy influences productivity growth in different...
Persistent link: https://www.econbiz.de/10003486864
Persistent link: https://www.econbiz.de/10003414788
Persistent link: https://www.econbiz.de/10003419024
Persistent link: https://www.econbiz.de/10003382962
This paper identifies factors associated with takeoff -- a sustained period of high growth following a period of stagnation. We examine a panel of 241 "stagnation episodes" from 146 countries, 54 % of these episodes are followed by takeoffs. Countries that experience takeoffs average 2.3% annual...
Persistent link: https://www.econbiz.de/10003464305
Persistent link: https://www.econbiz.de/10003827632
Persistent link: https://www.econbiz.de/10003851618
Persistent link: https://www.econbiz.de/10003859460
Persistent link: https://www.econbiz.de/10003886371
This note investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier, education and rigidities are significantly related to TFP...
Persistent link: https://www.econbiz.de/10003586568