real per output growth, excess credit, foreign direct investment (FDI) and the current account balance, in the Central and … rate volatility is associated with higher growth, higher stocks of FDI, higher current account deficits, and higher excess …

Our work contributes to the literature relating output structure and economic development by showing that growth gains … capabilities available to domestic _rms operating in ordinary trade is an important driver of economic growth. However, no direct … technology adoption to be growth enhancing. …

This paper investigates the effect of FDI on economic growth conditional on the institutional quality of host countries … develop several arguments to show that institutional quality modulates the intensity of FDI impact on growth. Using a … threshold of institutional quality that influence the FDI growth effect. These results have significant implications for policy …

Suicide attack is the most virulent and horrifying form of terrorism in the world today. The mere rumor of an impending … majority of all terrorism-related casualties, and the rate of attacks is rising rapidly across the globe. During 2000 … carried out by Islamist groups claiming religious motivation, also known as jihadis. Rand Corp. vice president and terrorism …

standard property insurance and for catastrophe coverage (here, terrorism). We find that larger companies are more likely to … insurance for non-catastrophe risks. This result differs from the findings on individual demand for insurance. The terrorism … price elasticity of the demand for terrorism insurance is half in this area relative to the rest of the country. …

growth over the period 1981-2005. The econometric relationships derived in this paper suggest that future reductions in CO2 …

We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen … African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa …. However, African countries are heterogeneous and there is no "one way" recommendation about energy-growth relationship that …

We analyze the interplay between longevity, pollution and growth. We develop an OLG model where longevity, pollution … and growth are endogenous. The authorities may provide two types of public services, public health and environmental … maintenance, that participate to increase agents' life expectancy and to sustain growth in the long term. We show that global …

uncertainty on capital inflows in such an economy generates long-term (expected) growth while the deterministic counterpart does … not. In this framework, long-term growth is entirely driven by precautionary savings. In particular, we show that the … asymptotic growth rate of the expected capital stock is an increasing function of both the risk parameter and the Arrow …