economies. Our approach is to estimate, using dynamic panel data methods, a growth equation over 23 countries for the period … 1990-2001. Among our results, we find that mass privatisation has significant positive effect on growth across a wide … development of the capital market, which is significantly correlated with economic growth. …

The standard neoclassical growth model with Cobb-Douglas production predicts a monotonically declining saving rate … data. We introduce two non-standard features of preferences into a neoclassical growth model with CES production …

The standard neoclassical growth model with Cobb-Douglas production predicts a monotonically declining saving rate …, implies transitional dynamics of the saving rate that accords well with empirical evidence. This holds true even in a growth …

particular, endogenous growth theory suggests that economic growth is linked with: (1) sectors with high intensity in R&D and … problem. In general and contrary to previous works, we conclude that tourism, on its own, cannot explain the higher growth …

We consider the relationship between tourism and economic growth for Latin American countries since 1985 until 1998 … estimates of the relationship between economic growth and growth in tourists per capita conditional on main macroeconomic … variables. We show that the tourism sector is adequate for the economic growth of medium or low-income countries, though not …

that climate change will modify their probability distributions and their consequences. The long-term growth models used in … averaging short-term processes like extreme events over the five- or ten-year time step of a classical long-term growth model …