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Immigration, Unemployment and Growth in the Host Country : Bootstrap Panel Granger Causality Analysis on OECD Countries
Boubtane, Ekrame; Coulibaly, Dramane; Rault, Christophe - 2021
This paper examines the causality relationship between immigration, unemployment and economic growth of the host country. We employ the panel Granger causality testing approach of Konya (2006) that is based on SUR systems and Wald tests with country specific bootstrap critical values. This...
Persistent link: https://www.econbiz.de/10013315792
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Unemployment, Growth and Speed of Transition in China
Fidrmuc, Jan - 2013
We investigate the relationship between unemployment and growth in China. We find considerable differences in the nature of this relationship across Chinese regions. We argue that this may reflect the different progress in transition across regions, in line with the Aghion-Blanchard model of...
Persistent link: https://www.econbiz.de/10013075132
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Autocratic Transitions and Growth
Nannicini, Tommaso - 2010
In this paper we use a transparent statistical methodology – synthetic control methods – to implement data-driven comparative studies about the impact of autocratic transition on real per capita GDP. The applied methodology compares the growth of countries that experienced a transition to...
Persistent link: https://www.econbiz.de/10013147271
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Shadow Economies and Corruption All Over the World : What Do We Really Know?
Schneider, Friedrich - 2021
Estimations of the size and development of the shadow economy for 145 countries, including developing, transition and … highly developed OECD economies over the period 1999 to 2003 are presented. The average size of the shadow economy (as a … with labor market regulation, are the driving forces of the shadow economy. Furthermore, the results show that the shadow …
Persistent link: https://www.econbiz.de/10013317397
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How I Learned to Stop Worrying and Love the Crisis
Fidrmuc, Jan - 2012
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10013111368
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Corruption in Russia - Historic Legacy and Systemic Nature
Schulze, Gunther G.; Zakharov, Nikita - 2021
This paper argues that corruption in Russia is systemic in nature. Low wage levels of public officials provide strong incentives to engage in corruption. As corruption is illegal, corrupt officials can be exposed any time, which enforces loyalty towards the powers that be; thus corruption is a...
Persistent link: https://www.econbiz.de/10013315436
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The Great Divergence : A Network Approach
Lindner, Ines - 2016
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period...
Persistent link: https://www.econbiz.de/10013001168
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Institutions and Economic Growth in Historical Perspective : Part 2
Ogilvie, Sheilagh - 2014
This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...
Persistent link: https://www.econbiz.de/10013051272
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Institutions and Economic Growth in Historical Perspective : Part 1
Ogilvie, Sheilagh - 2014
This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...
Persistent link: https://www.econbiz.de/10013051273
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Transportation Costs and the Great Divergence
Azarnert, Leonid V. - 2014
This work shows the asymmetric effect of the reduction in transportation costs across different sectors in the process of the Great Divergence. Specifically, the analysis indicates that reductions in transportation costs of industrial goods enhance convergence of the growth rates of trading...
Persistent link: https://www.econbiz.de/10013054015