Germany has had an extremely low growth performance since 1995. The paper looks at the long-run reasons for this loss …

This paper discusses the goal conflict between social protection and economic growth as well as employment. Taking the … fundamentals of the economy negatively and imply low growth and high unemployment. An empirical index is constructed. In the period … 1960-2005, an increase in the social protection index goes together with a decline in the GDP growth rate by 2.6 percentage …

We reconsider the effects of long-run economic growth on relative factor prices across cones of specialization. We … model economic growth as exogenous technical change. Allowing for capital biased technical change with a sector bias and for … endogenous commodity prices, we find that economic growth may increase or decrease factor price differences across cones. For a …

) and income inequality in the United States. Using panel cointegration techniques that allow for cross …-sectional heterogeneity, cross-sectional dependence, and endogenous regressors, we find that the short-run effects of FDI on income inequality … negative effect on income inequality in the United States. This result for the United States as a whole does not imply that FDI …

effects from spreading across the Indian economy. Second, we evaluate whether the link between FDI and economic growth has …-capita income growth across Indian states. However, it is only for the richer states that FDI appears to be associated with higher … growth. FDI is thus likely to increase regional income disparity in India. …

Between 1995 and 2005, the German economy has experienced a phase of weak economic growth. We analyze whether this weak … growth performance can be attributed to the stance of monetary conditions during that period. We show that the real effective … exchange rate did have almost no dampening effects on growth. On the contrary, the introduction of the euro and the single …

This paper analyzes China's economic performance in the last 25 years and discusses its prospect for growth in the … future. China has enjoyed high annual GDP growth rates of about ten percent in the last 25 years. Exports and investment were … the two driving forces of the growth process. FDI plays an important role. However, property rights, a crucial element in …

This paper first analyzes the comparative economic growth performance of Latin America in the period 1950-2001. Then it …In diesem Beitrag wird zunächst das Wirtschaftswachstum Lateinamerikas im Zeitraum 1950-2001 im internationalen …