Showing 1 - 10 of 193
This paper examines whether growth regressions should incorporate dualism and structural change. If there is a … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than … labour can explain a significant fraction of the international variation in TFP growth. …
Persistent link: https://www.econbiz.de/10005181232
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using … is evidence of bidirectional causality between CO2 emissions and economic growth. Economic growth and trade openness are … financial development to economic growth and from trade openness to CO2 emissions is identified. Our empirical results also …
Persistent link: https://www.econbiz.de/10011165503
We evaluate the proposal for official dollarization in Costa Rica by applying a new approach to measure the business cycle comovements with the United States. While the literature often focuses on the correlation of shocks, we point out that the response of each country to the shocks is also an...
Persistent link: https://www.econbiz.de/10008583698
Financial constraints are an important impediment to the growth of small businesses. We study theoretically and … decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … waiting time, and slows their growth by around 10 percent, leading to a 10 percent reduction in franchised chain employment. …
Persistent link: https://www.econbiz.de/10010877784
We investigate the relationship between unemployment and growth in China. We find considerable differences in the …
Persistent link: https://www.econbiz.de/10010877790
This paper examines empirically the interaction between immigration and host country economic conditions. We employ panel VAR techniques to use a large annual dataset on 22 OECD countries over the period 1987-2009. The VAR approach allows to addresses the endogeneity problem by allowing the...
Persistent link: https://www.econbiz.de/10010877796
A central issue in the study of sustainable development is the interplay of growth and sacrifice in a dynamic economy … provides the limit to growth. Maximin value is interpreted as a dynamic environmental-economic carrying capacity and current …
Persistent link: https://www.econbiz.de/10010877894
We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen … African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa …. However, African countries are heterogeneous and there is no “one way” recommendation about energy-growth relationship that …
Persistent link: https://www.econbiz.de/10010877974
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the … microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to …
Persistent link: https://www.econbiz.de/10011277182
economic reform, economic growth and, with a delay, on investment and institutional change. Episode of high inflation, moreover …
Persistent link: https://www.econbiz.de/10009645638