Showing 1 - 10 of 25
of causality between migration in Greece and two macroeconomic variables: GDP and unemployment. We use annual data for … Fund Database (IMF). Our results provide empirical evidence that the growth rates of GDP and unemployment cause migration …
Persistent link: https://www.econbiz.de/10011260398
This paper develops a very simple model to explain the phenomenon of persistent unemployment even in an economy … experiencing high output growth. Unemployment will also grow at a rate identical with other factors and sectors. The result is … growth in different sectors to mitigate or reduce unemployment history becomes crucial. …
Persistent link: https://www.econbiz.de/10011111440
In this paper, we examine the relationship between employment and economic growth in the most populated island in Indonesia, Java, specifically in West Java. When Indonesia suffered a dreadful economic crisis during 1997/1998, none of the regions or sectors survived its impact, especially farm...
Persistent link: https://www.econbiz.de/10005616921
Given the decline in growth momentum in the manufacturing sector in many OECD countries, the role of knowledge-based capital has emerged as a key driver for sustained growth. While empirical studies on estimating knowledge spillovers have usually been undertaken at the country level, the...
Persistent link: https://www.econbiz.de/10011251881
trend in unemployment, which appears to be related to the slowdown of economic growth. However, the relation between … unemployment and a slowing growth pattern stems from an external variable: a rapid increase in the cost of labor. There are many …, therefore creating unemployment. Second, because the cost of labor rises, firms will begin replacing labor with capital until …
Persistent link: https://www.econbiz.de/10005029688
Human capital is generally considered as a positive contributor in the economic growth. In this study, we estimate this relationship using time series data of Pakistan for the period 1978 to 2007. A health adjusted education indicator for human capital is used in the standard Cobb-Douglas...
Persistent link: https://www.econbiz.de/10009019728
created unemployment, is under pressure and wage on different grounds. In this study, Turkey's economy by applying the method …. In addition, due to high unemployment, low minimum wage, the markets pulled down to the level of the current wage and the …
Persistent link: https://www.econbiz.de/10011113772
Emerging consensuses among growth economists view good institutions as the key determinant of improving economic growth …. This study examines weather institutions measures, such as more transparent, accountable government, rule of law, sound …. The findings of this study indicate long run relationships between institutions and economic growth. However, on the …
Persistent link: https://www.econbiz.de/10011259344
The objective of this study is to analyze the impact of institutions on the economic growth and examine whether the … institutions indeed are important in determining the long-run economic growth. However, the impact of the institutions on economic … institutions are more effective in developed region as compared to developing region. More specially, control over corruption, rule …
Persistent link: https://www.econbiz.de/10009651394
foreign technologies and establish institutions favorable to economic growth. I explore the threshold between the seemingly … reaching a certain threshold, however, the primary driver of economic growth appears to shift from geography to institutions. …
Persistent link: https://www.econbiz.de/10009322660