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The aim of this paper is to study the nature of the relationship between energy consumption and economic growth in Cameroon through a three-step approach: (i) study the stationarity of the chronic, (ii) test of causality between variables, and (iii) estimate the appropriate model. The study...
Persistent link: https://www.econbiz.de/10010723180
Our paper examines the long run relationship between economic growth and the current account balance equilibrium by relying on the BoP constrained growth model. We find that Vietnam grew less than the rate predicted when the period 1985 to 2010 as a whole is considered, but with different...
Persistent link: https://www.econbiz.de/10010706920
Persistent link: https://www.econbiz.de/10010707159
-minded area of the world. (A2) It is associated with the institutions of the country such as legal quality. (A3) It is related to …
Persistent link: https://www.econbiz.de/10011124131
We study the connection between economic performance and the quality of government institutions for the sample of 103 … past historical institutions on the current public administration efficiency and show that the latter makes a difference to … the economic performance of regions. Overall, our analysis confirms that informal institutions matter for development, and …
Persistent link: https://www.econbiz.de/10011123989
This paper investigates the impact of complementarity reforms on growth and how it depends on GDP per capita. Based on reform data for six policy areas compiled from various sources during the period 1994-2006 for over 100 countries, we compute composite indicators of reform level and...
Persistent link: https://www.econbiz.de/10011099447
This paper demonstrates that the role of the personal income distribution for an economy's process of development through risky human capital accumulation critically depends on the shape of the saving function. Empirical evidence for the U.S. strongly suggests that the marginal propensity to...
Persistent link: https://www.econbiz.de/10005481990
degrees) present for all components but that its possible reversal is mainly driven by the interaction between institutions … variability in the importance of resources over time. Finally, we address the issue of institutions being determined by our …
Persistent link: https://www.econbiz.de/10011123969
minerals are cursed only if they have low quality institutions, while the curse is reversed if institutions are sufficiently …
Persistent link: https://www.econbiz.de/10005650476
structure amongst income, human development, demographic transition, technology and infrastructure, institutions and trade. In … which we define as the developed lifestyle. We also find that technology and infrastructure, institutions and economic …
Persistent link: https://www.econbiz.de/10011124120