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"This paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the evidence is rather mixed, as no robust relationship between FDI and income growth has been established. The authors argue that countries need a sound business environment in the...
Persistent link: https://www.econbiz.de/10010522178
"Are natural resources a blessing or a curse? Bravo-Ortega and De Gregorio present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth...
Persistent link: https://www.econbiz.de/10010522714
"Although Tanzania experienced relatively rapid growth in per capita GDP in the 1995-2001 period, household budget survey (HBS) data show only a modest and statistically insignificant decline in poverty between 1992 and 2001. To assess the likely trajectory of poverty rates over the course of...
Persistent link: https://www.econbiz.de/10010522902
Persistent link: https://www.econbiz.de/10010523400
and total factor productivity growth in small and large states in the South. There are three main findings. First …, productivity growth increases with North-South trade-related technology diffusion and education and the interaction between the two … their interaction on productivity growth in small states is more than three times that for large countries, with the …
Persistent link: https://www.econbiz.de/10011394122
"This paper surveys the recent literature which examines the impact of business climate variables on productivity and … drives growth by encouraging investment and higher productivity. Various infrastructure, finance, security, competition and …
Persistent link: https://www.econbiz.de/10010520967
"Empirical explorations of the growth and productivity impacts of infrastructure have been characterized by ambiguous … indirect) channels of influence between infrastructure and productivity improvements. The authors explore these possibilities … alternative measures of productivity, the prevalence of ambiguous (countervailing signs) results, with little systematic pattern …
Persistent link: https://www.econbiz.de/10010522073
with formal institutions. Second, the impact of labor market institutions on productivity growth has probably been …
Persistent link: https://www.econbiz.de/10010522401
gains in productivity and competitiveness necessary to propel economic growth to a much higher trajectory. This cannot … the rate of productivity growth of Serbia s enterprises so that better export performance and sustained growth could be …
Persistent link: https://www.econbiz.de/10012550619
gains in productivity and competitiveness necessary to propel economic growth to a much higher trajectory. This cannot … the rate of productivity growth of Serbia s enterprises so that better export performance and sustained growth could be …
Persistent link: https://www.econbiz.de/10012550620