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Protectionism and Economic Growth : Causal Evidence from the First Era of Globalization
Potrafke, Niklas; Ruthardt, Fabian; Wuthrich, Kaspar - 2021
government revenue. However, the results do not suggest that the protectionist government stimulated the economy by increasing …
Persistent link: https://www.econbiz.de/10013227482
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The Process of Economic Development in West Sichuan : The Case of Daocheng County
Holz, Carsten A. - 2020
Economic development of a remote, mountainous region is a challenge for any country. This paper examines how this development challenge has been addressed in a high-altitude backward region of the People's Republic of China. Is this region increasingly being left behind or has it entered a...
Persistent link: https://www.econbiz.de/10012841142
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Priority Roads : The Political Economy of Africa's Interior-to-Coast Roads
Bonfatti, Roberto - 2019
Africa’s interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...
Persistent link: https://www.econbiz.de/10012892107
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Shedding Light on the Shadow Economy : A Global Database and the Interaction with the Official One
Medina, Leandro - 2019
estimating the size of the shadow economy for 157 countries over 1991 to 2017. The results suggest that the OECD countries are by … far the lowest with values below 20% of off official GDP and the shadow economy is larger in Latin America and Sub ….9%. What is really remarkable, that the average decline of the shadow economy from 1991 to 2017 is 6.8 percentage points. The …
Persistent link: https://www.econbiz.de/10012857902
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Growing apart?: a tale of two republics: Estonia and Georgia
Gylfason, Thorvaldur; Hochreiter, Eduard - 2007
We compare and contrast the economic growth performance of Estonia and Georgia since the collapse of the Soviet Union in 1991 in an attempt to understand better the extent to which the growth differential between the two countries can be traced to increased efficiency in the use of capital and...
Persistent link: https://www.econbiz.de/10010264255
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Ageing and productivity growth: are there macro-level cohort effects of human capital?
Werding, Martin - 2008
Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...
Persistent link: https://www.econbiz.de/10010264296
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[Sigma]: the long and short of it
Chirinko, Robert S. - 2008
Research on the elasticity of substitution between capital and labor - ó - has been proceeding for 75 years. While there is clearly a strong case for the importance of ó in the analysis of growth and other economic issues, much less agreement exists on the value of ó. This paper offers some...
Persistent link: https://www.econbiz.de/10010264314
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Cyclical fiscal policy, output volatility, and economic growth
Badinger, Harald - 2008
This paper provides a comprehensive empirical assessment of the relation between the cyclicality of fiscal policy, output volatility, and economic growth, using a large cross-section of 88 countries over the period 1960 to 2004. Identification of the effects of (endogenous) cyclical fiscal...
Persistent link: https://www.econbiz.de/10010264336
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Economic growth and subjective well-being: reassessing the Easterlin paradox
Stevenson, Betsey; Wolfers, Justin - 2008
The Easterlin paradox" suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...
Persistent link: https://www.econbiz.de/10010264434
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A convex hull approach to counterfactual analysis of trade openness and growth
Funke, Michael; Gronwald, Marc - 2009
In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the question what would happen if African countries were more...
Persistent link: https://www.econbiz.de/10010265984