as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …

results from the requirement that non-traded inputs are used in the investment process. In the short-run, though, the effects …

This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …

that these appreciations reflect underlying productivity gains in the tradable sector. Using panel data over the period … 1993-98, the results show clear evidence of productivity-driven exchange rate movements in the central and eastern European … expect to experience further productivity-driven real exchange rate appreciations. Evidence from a large cross-section of non …

of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the … differences in saving and investment propensities …

Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have … long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment … differences across the region-investment has on average been somewhat weaker than in peer countries and less effective at …

This paper examines the behavior of business fixed investment in the United States in the 1980s. A background … discussion of the long-term behavior of the components of business fixed investment is provided, setting the context for the … empirical analysis. A standard neoclassical model of business fixed investment is specified and estimated, with output and the …