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consistent with the human-capital augmented Solow model of exogenous growth, or with an endogenous growth model à la Uzawa …In this paper, we test whether the growth experience of a sample of OECD countries over the past three decades is more … implied by these two models to discriminate between them. Using pooled crosscountry time-series data, we specify our growth …
Persistent link: https://www.econbiz.de/10005045653
growth model assumptions with the needs of panel data regressions. Unlike several previous studies, our results point to a … capital augmented version of the Solow model, but rather they support an endogenous growth model à la Uzawa-Lucas, with …This paper presents empirical estimates of human-capital augmented growth equations for a panel of 21 OECD countries …
Persistent link: https://www.econbiz.de/10005045945
This paper presents a simulation model of the main budget aggregates of federal, provincial and territorial governments …
Persistent link: https://www.econbiz.de/10008548955
based on the OECD ENV-Linkages General Equilibrium model and shows that removing fossil fuel subsidies in a number of non …
Persistent link: https://www.econbiz.de/10009249780
and financial policies to incorporate fully the implications of the rapid pro-cyclical growth in financial leverage and …
Persistent link: https://www.econbiz.de/10009003058
semi–formal and informal economy had a significant contribution to the expansion of the private sector. Productivity growth … was strong, but labour utilisation remained very low. Looking forward, higher employment and productivity growth will not …
Persistent link: https://www.econbiz.de/10008752419
In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income … disparities. To shed some lights on the potential sources of trade-offs between growth and equity, this paper investigates the … long-run impact of structural reforms on GDP per capita and household income distribution. Pro-growth reforms can be …
Persistent link: https://www.econbiz.de/10011098129
legislation could also raise productivity growth for a while in many OECD and non-OECD G20 countries, although the effects are …
Persistent link: https://www.econbiz.de/10008799707
equilibrium model. Though this involves some risks of double counting the effects of certain reforms and omits interactions across … in these areas might also have contributed to as much as half of GDP per capita growth in OECD countries in the decade …
Persistent link: https://www.econbiz.de/10008799710
In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis … investment. Stepping up structural reforms will also be necessary if double-digit growth rates are to be achievable over the … strengthen social welfare systems and access to health and education to ensure widespread benefits from continued high growth …
Persistent link: https://www.econbiz.de/10009191040