Showing 1 - 10 of 46
results imply that entrepreneurs react to tax incentives along both real and avoidance margins, while the latter elasticity is …
Persistent link: https://www.econbiz.de/10010877859
conferred by time zone differences. We emphasize the role of the entrepreneurs, who decide how to produce business services (i … zone differences. We also show that in the presence of moving costs for entrepreneurs, technological improvements and the …
Persistent link: https://www.econbiz.de/10008572526
The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...
Persistent link: https://www.econbiz.de/10009320785
procyclicality Africa’s resilience against external shocks improved. This also helped to better cope with the Great Recession of 2009. …
Persistent link: https://www.econbiz.de/10010718528
Several African countries have to increase their tax revenues to finance human and economic development. General consumption taxes, such as VATs, are the preferred instrument for doing so, because they are less detrimental to growth than income taxes. To enable their use, VAT design has to be...
Persistent link: https://www.econbiz.de/10011093981
In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past …. During the first period, Africa did not catch up but lost ground, Africa’s average per capita income declined. Since the mid … growth rates for Africa and several individual countries. We use the Hodrick-Prescott filter with different values for the …
Persistent link: https://www.econbiz.de/10010641423
This paper analyzes economic-social interaction in China in connection with the country’s change of economic system. I define an economic system in terms of a multidimensional vector of broad institutional characteristics, and I emphasize that important features of the social development are...
Persistent link: https://www.econbiz.de/10005406215
This paper analyses the Balassa and Samuelson hypothesis in two groups of European countries: six New Member States (NMS) and six advanced EU-15 economies. It is found that the second stage of the hypothesis, which relates relative sector prices with the real exchange rate, does not hold...
Persistent link: https://www.econbiz.de/10005416475
While the impact of globalization on income inequality has received a lot of attention, little is known about its …
Persistent link: https://www.econbiz.de/10011257669
with globalization may be twin to each other. We provide statistical evidence of this so far neglected trade-off for a …
Persistent link: https://www.econbiz.de/10008671733