1980 to 2004, calculated and published by the Groningen Growth and Development Centre, are used in the empirical analysis …

In this study, we suggest an explanation for the alarmingly low growth rates of real housing prices in Canada and … determined by real disposable per capita income, real long-term interest rate, population growth, and urbanization. The … these two countries. Canada and Germany are characterized by relatively low average growth rates of real disposable income …

This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export … volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with … growth effect of exports and the capacity of a country to absorb new knowledge. …

Despite high economic growth during the last decades, China is still vulnerable to shocks arising from industrial … states. The advanced economies determine Chinese export performance, with subsequent effects on output growth. Using a … production function approach, this paper examines to which extent regional GDP growth in China is export driven. In a panel of 28 …

We analyse the relationship between the debt to GDP ratio and real per capita GDP growth for the euro area members by … framework. If the interest rate exceeds nominal output growth, primary budget surpluses are required to achieve a sustainable …