Showing 1 - 10 of 97
This paper explores the long-run relationship between institutions and wage outcomes in Europe and its periphery. I find that cities that exercised stronger institutional protection of private property experienced : (i) higher levels of both skilled and unskilled real wages, as well as (ii)...
Persistent link: https://www.econbiz.de/10009363722
of GDP per capita of recipient countries than that of other donors. The growth acceleration effects of short-impact aid …
Persistent link: https://www.econbiz.de/10009651627
This paper seeks to explore the relationship between economic growth and governance performance in Asian developing economies. This exploration yields some interesting conclusions. First, notwithstanding its tremendous economic achievements, the state of governance in Asia is not stellar by...
Persistent link: https://www.econbiz.de/10009363600
This paper establishes a simple model of long run economic and political development, which is driven by the inherent technical features of dierent production factors and the political con.icts among factor owners on how to divide the outputs. The main production factor in economy evolves from...
Persistent link: https://www.econbiz.de/10009365197
This paper establishes a simple model of long run economic and political development, which is driven by the inherent technical features of dierent production factors, and political conicts among factor owners on how to divide the outputs. The main capital form in economy evolves from land to...
Persistent link: https://www.econbiz.de/10009365249
Globalization and pressure from increased competition have led to splintering of in-house services from formerly integrated manufacturing firms in developed economies and, at the same time, to an increase in outsourcing of these same services. These two trends have caused a stronger linkage in...
Persistent link: https://www.econbiz.de/10009365336
historical experience, it would be necessary to achieve an annual real GDP growth rate of 7.1 percent in order to keep the … unemployment rate unchanged. Moreover, a one-percentage point shortfall of the real GDP growth rate below 7.1 percent in any given … economy is able to generate at most 5 percent real GDP annual growth rate (the high end of the range of official medium …
Persistent link: https://www.econbiz.de/10009363351
Using timeseries and panel data from 1981 to 2005, this paper examines the Granger causality relations between GDP … addition to China. We first show the difference between the first and second generation ANIEs in terms of real GDP per capita … causality between real exports and GDP for the four second generation ANIEs. However, when all seven ANIEs are grouped for panel …
Persistent link: https://www.econbiz.de/10009363413
High ratios of external debt to GDP in selected Asian countries have contributed to the initiation, propagation, and … GDP, as functions of real world interest rates, risk spreads and their responsiveness to external debt burdens and market …
Persistent link: https://www.econbiz.de/10009364005
The study investigates the impact of changes in terms of trade in Pakistan on its income and consumption potentials, by employing two measures of terms of trade, namely, barter terms of trade and income terms of trade. The study examines Pakistans terms of trade behaviour using time series data...
Persistent link: https://www.econbiz.de/10009365119