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Published in <A href="http://onlinelibrary.wiley.com/doi/10.1111/j.1467-9442.2010.01613.x/abstract">The Scandinavian Journal of Economics"</A>, 112(3), 618-39.<P>The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic...</p></a>
Persistent link: https://www.econbiz.de/10011256269
A flat tax rate on income has gained popularity in European countries. This paper assesses the attractiveness of such a flat tax in achieving redistributive objectives with the least cost to labour market performance. We do so by using a detailed applied general equilibrium model for the...
Persistent link: https://www.econbiz.de/10011257205
Foreign aid’s effectiveness in promoting economic growth remains mired in controversy.We examine the impact of the … volatility of aid on economic growth, controlling for the level of aid. A four-year panel analysis is conducted encompassing 155 … economic growth. Correspondingly, volatility of aid flows is found to be negatively related to growth. We found no significant …
Persistent link: https://www.econbiz.de/10011255582
misspecifications resulting from the omission of spatial linkages in standard empirical models of economic growth. Our dataset consists … of TFP estimates for 73 countries over the period 1960-2000, and we find that TFP growth rates and levels are positively … the Nelson and Phelps (1966) model shows that the impact of being located close to a country with high TFP growth rates is …
Persistent link: https://www.econbiz.de/10011256081
use and ecosystem management; growth and environmental resources; economic and evolutionary progress; and individual …
Persistent link: https://www.econbiz.de/10011256552
In this note we show that the standard, loglinear growth regression specificationis consistent with one and only one …
Persistent link: https://www.econbiz.de/10011256632
See also the article 'Tourism and Long-run Economic Growth in Aruba' in the <I>International Journal of Tourism … accelerated growth. The purpose of this study is to determine the role of tourism in the economy of Aruba. More specifically, this … development (TD) and economic growth in Aruba?; and (2) if so, what is the causality direction between TD and economic growth …
Persistent link: https://www.econbiz.de/10011256765
argue that the lowest possible growth rate of consumption per capita in the distant future is zero (assuming that humans do …
Persistent link: https://www.econbiz.de/10011257007
This paper addresses heterogeneity in determinants of economic growth in a data-driven way. Instead of defining groups … of countries with different growth characteristics a priori, based on, for example, geographical location, we use a … growth determinants. Applying this approach to an annual unbalanced panel of 59 countries in Asia, Latin and Middle America …
Persistent link: https://www.econbiz.de/10011257397
We analyze the distribution of economic activity across space for different types of activity and different levels of … aggregation. Not only is this distribution highly uneven (independently of the type of activity and level of aggregation), it is … also remarkably regular regarding its size distribution (rank-size rule or Zipf’s Law) and regarding its interaction …
Persistent link: https://www.econbiz.de/10011255956