Showing 1 - 5 of 5
This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with non-export GDP as the dependent variable, we find...
Persistent link: https://www.econbiz.de/10010306294
In this paper, we show, using a panel of developed countries, that there is a long-run negative association between church attendance and total factor productivity (TFP) with predictive causality running from declining church attendance to increasing factor productivity. According to our...
Persistent link: https://www.econbiz.de/10011491541
In this paper we examine the long-run relationship between religiosity and income using retrospective data on church attendance rates for a panel of countries from 1925 to 1990. We employ panel cointegration and causality techniques to control for omitted variable and endogeneity bias and test...
Persistent link: https://www.econbiz.de/10010318408
We examine the long-run relationship between fertility, mortality, and incomeusing panel cointegration techniques and the available data for the last century.Our main result is that mortality changes and growth of income per capita account for amajor part of the fertility change characterizing...
Persistent link: https://www.econbiz.de/10009302605
This paper extends the cross sectionally augmented panel unit root test proposed byPesaran (2007) to the case of a multifactor error structure. The basic idea is to exploitinformation regarding the unobserved factors that are shared by other time series in additionto the variable under...
Persistent link: https://www.econbiz.de/10005860582