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Federal, State, and Local Governments: Evaluating their Separate Roles in US Growth

Higgins, Matthew; Young, Andrew; Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2009

We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...

Persistent link: https://www.econbiz.de/10005616935

Dynamic relationships between oil revenues, government spending and economic growth in an oil-dependent economy

Sbia, Rashid; Hamdi, Helmi - Volkswirtschaftliche Fakultät, … - 2013

The aim of this paper is to empirically examine the relationship between Oil revenues, government spending and GDP growth in the kingdom of Bahrain. Oil revenues are the main source of financing government expenditures and imports of products. Increasing oil prices in the recent years have...

Persistent link: https://www.econbiz.de/10011275135

Robust Correlates of County-Level Growth in the U.S.

Higgins, Matthew; Young, Andrew; Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2007

Higgins et al. (2006) report several statistically significant partial correlates with U.S. per capita income growth. However, Levine and Renelt (1992) demonstrate that such correlations are hardly ever robust to changing the combination of conditioning variables included. We ask whether the...

Persistent link: https://www.econbiz.de/10005621380

Spatial autocorrelation and Verdoorn law in the Portuguese nuts III

Martinho, Vítor João Pereira Domingues - Volkswirtschaftliche Fakultät, … - 2011

This study analyses, through cross-section estimation methods, the influence of spatial effects in productivity (product per worker), at economic sectors level of the NUTs III of mainland Portugal, from 1995 to 1999 and from 2000 to 2005 (taking in count the data availability and the Portuguese...

Persistent link: https://www.econbiz.de/10009211218

Physical infrastructure and economic development in Pakistan

Jan, Sajjad Ahmad; Chani, Muhammad Irfan; Pervaiz, Zahid; … - Volkswirtschaftliche Fakultät, … - 2012

This paper aims to investigate the relationship between physical infrastructure and economic development of Pakistan. A composite index of physical infrastructure has been constructed through Principal Component Analysis. This has been done by taking into account three different dimensions of...

Persistent link: https://www.econbiz.de/10011107814

Malthus was right : explaining a millennium of stagnation

Madsen, Jakob Brøchner; Robertson, Peter E.; Ye, Longfeng - 2019

Persistent link: https://www.econbiz.de/10012208673

Intergenerational mobility, composition of human capital and distance to frontier

Basu, Suajta - Volkswirtschaftliche Fakultät, … - 2014

An economy can improve its technology level through two channels -- imitating from the world technology frontier and innovating on its own technology level -- innovation being more skilled-intensive than imitation. I develop a growth model based on the endogenous ability-driven skill acquisition...

Persistent link: https://www.econbiz.de/10011109879

Convergence Clubs determined by Economic History in Latin America

Quiroga, Barrientos; Andrea, Paola - Volkswirtschaftliche Fakultät, … - 2013

The concept of club convergence has been widely used in empirical analysis to group countries in clubs with similar … test convergence within each club. I find significant and positive convergence speed within each of the clubs, implying …

Persistent link: https://www.econbiz.de/10011110182

Endogenous human capital formation, distance to frontier and growth

Basu, Sujata; Mehra, Meeta K - Volkswirtschaftliche Fakultät, … - 2011

We examine human capital's contribution to economy-wide technological progress through two channels -- imitation and innovation -- innovation being more skilled-intensive than innovation. We develop a growth model considering an endogenous ability-driven skill acquisition decision of an...

Persistent link: https://www.econbiz.de/10011111009

Ghana's Economic Growth in perspective: A time series approach to Convergence and Growth Determinants

Baafi Antwi, Joseph - Volkswirtschaftliche Fakultät, … - 2010

economy as some point in the future. This is known as the convergence hypothesis. In this study, we test this hypothesis for … whether or not it holds. We determine how fast or slow this convergence process is by using the returns to scale concept on … hypothesis of convergence i.e. Ghana is catching up with the Western European countries. The study also shown that Ghana growth …

Persistent link: https://www.econbiz.de/10008564519