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African development : beyond income convergence
Asongu, Simplice A. - 2012
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …
Persistent link: https://www.econbiz.de/10011410273
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Relevance of Wagner's hypothesis in achieving sustainable development agenda in Nigeria
Oseni, Isiaq O.; Adekunle, Ibrahim A. - 2020
Policy ambiguity in the form of non-directional and non-purposeful use of state resources has made sustainable growth outcomes a mirage in Nigeria. Recent economic crisis prompted the debate on how increased government spending induces sustainable economic growth in Nigeria. This paper examines...
Persistent link: https://www.econbiz.de/10012165290
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Financial development and human capital thresholds for the infrastructure development-industrialization nexus in Africa
Nkemgha, Guivis Zeufack; Nchofoung, Tii Njivukuh; … - 2022
Examining the value-added link between infrastructure and industrialization is fundamental to achieving Sustainable Development Goal (SDG) 9, which consists of building resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation. The objectives of...
Persistent link: https://www.econbiz.de/10013461773
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Real convergence in Central and Eastern European EU Member States: which role for exchange rate volatility?
Arratibel, Olga; Furceri, Davide; Martin, Reiner - 2008
This paper analyzes the relation between exchange rate volatility and several macroeconomic variables, namely real per capita output growth, the credit cycle, the stock of inward foreign direct investment (FDI) and the current account balance, in the Central and Eastern European EU Member...
Persistent link: https://www.econbiz.de/10011604975
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Trajectories of knowledge economy in SSA and MENA countries
Asongu, Simplice; Andrés, Antonio R. - 2019
In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-based economy dimensions. The paper employs all the four components of the World Bank's...
Persistent link: https://www.econbiz.de/10011997637
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Has knowledge improved economic growth? : evidence from Nigeria and South Africa
Shobande, Olatunji Abdul; Asongu, Simplice - 2021
variables. The speed of convergence of the variables to their long-term mean values is relatively higher for South Africa than …
Persistent link: https://www.econbiz.de/10012621390
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Trajectories in knowledge economy : empirics from SSA and MENA countries
Asongu, Simplice; Andrés, Antonio R. - 2015
In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-base-economy dimensions. The paper employs all the four components of the World Bank's...
Persistent link: https://www.econbiz.de/10011596861
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Technological diversification
Koren, Miklós; Tenreyro, Silvana - 2005
Why is GDP so much more volatile in poor countries than in rich ones? To answer this question, we propose a theory of technological diversification. Production makes use of different input varieties, which are subject to imperfectly correlated shocks. As in endogenous growth models,...
Persistent link: https://www.econbiz.de/10011604597
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Human capital, the structure of production, and growth
Ciccone, Antonio; Papaioannou, Elias - 2006
Do high levels of human capital foster economic growth by facilitating technology adoption? If so, countries with more human capital should have adopted more rapidly the skilled-labor augmenting technologies becoming available since the 1970’s. High human capital levels should therefore have...
Persistent link: https://www.econbiz.de/10011604669
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Potential output growth in several industrialised countries: a comparison
Cahn, Christophe; Saint-Guilhem, Arthur - 2007
In this paper, we present international comparisons of potential output growth among several economies —Canada, the euro area, France, Germany, Italy, Japan, the Netherlands, the United Kingdom, and the United States— for the period 1991-2004. The main estimates rely on a structural approach...
Persistent link: https://www.econbiz.de/10011604874