Showing 1 - 10 of 56
We use US county level data (3,058 observations) from 1970 to 1998 to explore the relationship between economic growth and the extent of government employment at three levels: federal, state and local. We find that increases in federal, state and local government employments are all negatively...
Persistent link: https://www.econbiz.de/10005616935
The aim of this paper is to empirically examine the relationship between Oil revenues, government spending and GDP growth in the kingdom of Bahrain. Oil revenues are the main source of financing government expenditures and imports of products. Increasing oil prices in the recent years have...
Persistent link: https://www.econbiz.de/10011275135
Higgins et al. (2006) report several statistically significant partial correlates with U.S. per capita income growth. However, Levine and Renelt (1992) demonstrate that such correlations are hardly ever robust to changing the combination of conditioning variables included. We ask whether the...
Persistent link: https://www.econbiz.de/10005621380
This study analyses, through cross-section estimation methods, the influence of spatial effects in productivity (product per worker), at economic sectors level of the NUTs III of mainland Portugal, from 1995 to 1999 and from 2000 to 2005 (taking in count the data availability and the Portuguese...
Persistent link: https://www.econbiz.de/10009211218
This paper aims to investigate the relationship between physical infrastructure and economic development of Pakistan. A composite index of physical infrastructure has been constructed through Principal Component Analysis. This has been done by taking into account three different dimensions of...
Persistent link: https://www.econbiz.de/10011107814
Persistent link: https://www.econbiz.de/10012208673
We examine human capital's contribution to economy-wide technological progress through two channels -- imitation and innovation -- innovation being more skilled-intensive than innovation. We develop a growth model considering an endogenous ability-driven skill acquisition decision of an...
Persistent link: https://www.econbiz.de/10010538856
This paper studies absolute and conditional convergence (alfa and beta-convergence too,) in Mexico over the period 1970 …-1995. I use the neoclassical growth model and a cross-section data for empirics. I find evidence of conditional convergence … (near at traditional 2% rate) for full period but different rates for other periods. I find also a faster convergence rate …
Persistent link: https://www.econbiz.de/10005790376
economy as some point in the future. This is known as the convergence hypothesis. In this study, we test this hypothesis for … whether or not it holds. We determine how fast or slow this convergence process is by using the returns to scale concept on … hypothesis of convergence i.e. Ghana is catching up with the Western European countries. The study also shown that Ghana growth …
Persistent link: https://www.econbiz.de/10008564519
An economy can improve its technology level through two channels -- imitating from the world technology frontier and innovating on its own technology level -- innovation being more skilled-intensive than imitation. I develop a growth model based on the endogenous ability-driven skill acquisition...
Persistent link: https://www.econbiz.de/10011109879