growth-environment-policy link. The context is a dynamic general equilibrium model of endogenous growth, in which private … observed persistent differences in growth among LDCs with similar fundamentals and endowments. …

In this paper, foreign aid transfers can distort individual incentives, and hence hurt growth, by encouraging rent … this framework, the growth impact of aid is examined jointly with the determination of rent-seeking behavior. We test the … that aid has a direct positive effect on growth, which is however significantly mitigated by the adverse indirect effects …

turn looks for engines of sustained growth. We use a micro-founded macroeconomic model calibrated to Greece. Our …

facto JI focusing on countries actually experience. Whether JI affects economic growth is tested for a cross section of 57 … countries. While de iure JI does not have an impact on real GDP growth per capita growth, de facto JI positively influences it. …

the aim of achieving regional convergence, they should have a positive effect on economic growth. However, it is equally … possible that transfers perpetuate under-development by diminishing regional incentives to implement growth-enhancing policies …. In this paper, we study empirically the effect of intergovernmental transfers on economic growth using the German …

endogenous growth and optimal fiscal policy, in which two political parties can alternate in power. We show that re …

JI has a robust and highly significant impact on economic growth. Individual components of both de jure and de facto JI … on economic growth are estimated for their impact on economic growth. Additionally, the effects of other institutional …

strongly con-firms previous results that de jure JI is not systematically related to economic growth, but de facto JI is highly … significantly and robustly correlated with growth. In addition, we show that the effect of de facto JI depends on the institutional …

and economic growth, this paper revisits the question using a Bayesian Model Averaging approach. The analysis suggests …, there is no robust link, neither positive, nor negative, between output growth and fiscal federalism (measured as sub …