Narrow search
Showing 1 - 10 of 324
Cover Image
Economic Globalisation and Africa's Quest for Greener and More Inclusive Growth : The Missing Link
Ofori, Isaac K; Freytag, Andreas; Asongu, Simplice A. - 2023
inclusive green growth (IGG) relationship in Africa. Based on macro data for 22 African countries and the Driscoll …-Kraay standard errors with fixed effects instrumental variable regression, the following findings are established. First, Africa … threshold analysis suggests that by improving Africa’s mostly unfree economic architecture to 60% (moderately free) or 80% (free …
Persistent link: https://www.econbiz.de/10014347989
Cover Image
Time-Varying Parameters in Monetary Policy Rules : A GMM Approach
Anderl, Christina; Caporale, Guglielmo Maria - 2023
This paper assesses time variation in monetary policy rules by applying a Time-Varying Parameter Generalised Methods of Moments (TVP-GMM) framework. Using monthly data until December 2022 for five inflation targeting countries (the UK, Canada, Australia, New Zealand, Sweden) and five countries...
Persistent link: https://www.econbiz.de/10014348141
Cover Image
A convex hull approach to counterfactual analysis of trade openness and growth
Funke, Michael; Gronwald, Marc - 2009
with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa. …
Persistent link: https://www.econbiz.de/10010265984
Cover Image
Population Size and the Size of Government
Krieger, Tim - 2019
We examine the effect of population size on government size for a panel of 130 countries for the period between 1970 and 2014. We show that previous analyses of the nexus between population size and government size are incorrectly specified and fail to consider the influence of cross-sectional...
Persistent link: https://www.econbiz.de/10012889229
Cover Image
On the Relationship between Trade Openness and Government Size
Farhad, Mohammad - 2019
Does trade openness systematically imply bigger governments, as proposed by Rodrik (1998)? This paper presents a novel and more refined explanation for when and why international trade may enlarge the public sector. We propose that trade openness is associated with bigger governments if (i) the...
Persistent link: https://www.econbiz.de/10012861440
Cover Image
Is Favoritism a Threat to Chinese Aid Effectiveness? A Subnational Analysis of Chinese Development Projects
Dreher, Axel; Fuchs, Andreas; Hodler, Roland; Parks, … - 2019
Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...
Persistent link: https://www.econbiz.de/10012052845
Cover Image
Energy consumption and economic growth revisited in African countries
Eggoh, Jude C.; Bangaké, Chrysost; Rault, Christophe - 2011
The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...
Persistent link: https://www.econbiz.de/10010278854
Cover Image
Small sample properties of maximum likelihood versus generalized method of moments based tests for spatially autocorrelated errors
Egger, Peter; Larch, Mario; Pfaffermayr, Michael; … - 2005
This paper undertakes a Monte Carlo study to compare MLE-based and GMM-based tests regarding the spatial autocorrelation coefficient of the error term in a Cliff and Ord type model. The main finding is that a Wald-test based on GMM estimation as derived by Kelejian and Prucha (2005a) performs...
Persistent link: https://www.econbiz.de/10010261344
Cover Image
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
Cover Image
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