We discuss the role of contracting impediments created by the existence of national borders on open economy growth. In … a two-good neoclassical Ramsey growth model with lack of enforcement on international trade contracts we show that … many researchers believe, international trade affects growth by increasing investment rates. The model provides a new …

growth. Limited borrowing prevents the less affluent individuals from investing the efficient amount, and the inefficiencies … work on the inequality-growth nexus should use more specific measures of inequality rather than measures of ”overall …

The present work encloses an analysis related to the channels through which income inequality affects economic growth … and another related to the sources of economic growth. In the first, we use two-stage estimation with fixed effects … finding that the fiscal effects of inequality on growth may depend on the government expenditure covariate. Secondly, we …

This paper introduces credit market imperfections and barriers to entrepreneurship into the neoclassical growth model … oligarchic structure were associated with substantially lower productivity growth rates. These findings point to political forces …

economic growth and development. In particular, this paper focuses on how such remittances have been able to spur development … and growth. As a case study, the paper focuses on the Philippines, one of the countries in the world with a long history … looks into the following areas: (a) remittance and overall growth, (b) linkages between remittances and microfinance, (c …

This paper offers an alternative way, based on the logistic population growth hypothesis, to yield transitional … stock per person and its growth rate can be non-monotonic over time. Moreover, even in the presence of negative growth, the … logistic population growth is richer than the one with exponential population growth. …

investment for the effect of FDI on economic growth. …

theoretical model of structural transformation in which the impact of financial repression on unbalanced growth is studied. The … industry sector while inhibiting growth in the domestic service sector. We then present empirical evidence of financial … transformation due to high economic growth and that also use financial repression to achieve a long-run industrial output growth. …