This study empirically investigates the impacts of central government budget deficits and economic freedom on per capita real economic growth in OECD nations over the period 2003–2008. Economic growth is measured by the percentage growth rate of purchasing-power-parity adjusted real per capita...

The present paper examines the impact that budget deficits exercise on economic growth in the United States. Using a simple growth model that includes a variety of public policy variables, we provide Instrumental Variables (IV) estimates that indicate growth in the United States over time. The...

Energy and especially electricity consumption is a variable that can be also considered as the indication of the social development as far as economic growth is concerned. Energy, as the input of the industry and other production branches, is an indication for the production increase; and also...

This study empirically investigates three hypotheses. The first is that higher levels of economic freedom in an economy promote a higher growth rate of economic activity and hence yield a higher growth rate of per capita real GDP in that economy. The second hypothesis is that higher quality...

This study investigates factors that influenced interstate differentials in bank closing rates in the U.S. over the 1982-1992 time period. The estimation reveals that the bank failure rate is a decreasing function of the average mortgage portfolio yield, the capital requirement, the real price...

This exploratory study examines the impact of various forms of economic freedom and various dimensions of governance, as well as a number of economic factors, on economic growth among OECD nations. Empirical estimation finds that the natural log of per capita purchasing-power-parity adjusted...

This article remark that the activities of the international capital flows and the foreign direct investment increase on the growth process of countries. The economies attach more importance to these two factors in each passing day. On the other hand, the exposure degrees of host countries...

In the present study, labor markets were analyzed, in particular, the reasons of low labor force rate to make sense based on the data of Turkish economy. While in the advanced economies, the labor force rate is quite high and has small fluctuations around a certain extent over a long-term. In...