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productivity, Euro area productivity growth has, since the mid-1990s, fallen significantly behind. We show that this recent … divergence has accelerated since 2000, and that this is mainly due to the poor rate of Euro area TFP growth. Based on prevailing … trends, we estimate that potential output growth in the Euro area currently may be running as low as 1.5 percent per year. In …
Persistent link: https://www.econbiz.de/10005835546
the possible relation between the international trade and economic growth. Increasing of Gross Domestic Product is the … main target of almost every economy. Promoting exports of the country is one of the ways of achieving economic growth …
Persistent link: https://www.econbiz.de/10005835581
This paper investigates the direction of causation between exports growth and economic growth. This issue has been … included in the analysis. The present paper, while investigating the direction of causation between exports growth and economic … growth and using the Granger causality test, has taken into account these two shortcomings. The paper finds a stable, long …
Persistent link: https://www.econbiz.de/10005835613
This paper attempts to investigate the linkage between the excess money supply growth and inflation in Pakistan and to … analysis indicate that there is a positive association between money growth and inflation. The money supply growth at first …-round affects real GDP growth and at the second round it affects inflation in Pakistan. The important finding from the analysis is …
Persistent link: https://www.econbiz.de/10005835649
the transmission of the growth from the North to the South through international markets, both through trade and through … particular, I shall present a set of results that contradict the statement that he growth of the North is necessary or even at … all favorable to the growth of the South, which is central to much thinking about the New International Economy Order. I …
Persistent link: https://www.econbiz.de/10005835749
good for aggregate growth and for improving the distribution of income. …
Persistent link: https://www.econbiz.de/10005835864
consequently affect growth in Mexico. In order to do so, we develop a simple endogenous growth model that allows for remittances … regarding the effects of the informal sector on economic growth. Moreover, thanks to globalization, migration and remittances … potential remittances may offset this loss, thus having an overall positive effect on economic growth. …
Persistent link: https://www.econbiz.de/10005835875
Country specific time series models of the determinants of output for the small developing island countries in the Pacific region are relatively few. This paper explores the applicability of the framework underlying Solow (1956) to analyze the determinants output in Kiribati for the period...
Persistent link: https://www.econbiz.de/10005836048
available human resourcesby encouraging former residents to come back. Indiana’s population growth has been weak relative to the … rest of the country. Over the next 25 years US population growth is expected to slow (0.8 percent per year) and Indiana …’s is expected to fall back more sharply (to 0.3 percent per year). Such slow growth in population and the workforce will …
Persistent link: https://www.econbiz.de/10005836060
Recent studies and approaches to foreign aid effectiveness have concentrated on its impact on economic growth. But aid …’s main goal is poverty reduction, not economic growth. In this paper, aid’s impact on poverty, growth, and inequality are …, are used. The main finding is that economic growth reduces poverty, but also aid, although less than growth, and not under …
Persistent link: https://www.econbiz.de/10005836088