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Abreu, Maria; Groot, Henri L. F. de; Florax, Raymond J. … - 2004

This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial …

Persistent link: https://www.econbiz.de/10011342567

A meta-analysis of beta-convergence : the legendary two-percent

Abreu, Maria; Groot, Henri L. F. de; Florax, Raymond J. … - 2005

The topic of convergence is at the heart of a wide-ranging debate in the growth literature. Empirical studies of … convergence differ widely in their theoretical backgrounds, empirical specifications and in their treatment of cross …-sectional heterogeneity. Despite these differences, a rate of convergence of about 2% has been found under a variety of different conditions …

Persistent link: https://www.econbiz.de/10011342545

Priority roads : the political economy of Africa's interior-to-coast roads

Bonfatti, Roberto; Gu, Yuan; Poelhekke, Steven - 2019

Africa's interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...

Persistent link: https://www.econbiz.de/10011960429

Growth and risk : methodology and micro evidence

Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill H. - 2006 - Rev.

There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk using a stochastic version of the Ramsey model. We develop a simulation-based econometric methodology which allows us to estimate the model in the structural form...

Persistent link: https://www.econbiz.de/10011334326

Decoupling economic growth and energy use : an empirical cross-country analysis for 10 manufacturing sectors

Mulder, Peter; Groot, Henri L. F. de - 2004

This paper provides an empirical analysis of decoupling economic growth and energy use and its various determinants by exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970-1997. We explicitly aim to trace back aggregate...

Persistent link: https://www.econbiz.de/10011334858

Convergence, shocks and poverty

Elbers, Chris; Gunning, Jan Willem; Kinsey, Bill H. - 2002

simulation experiments(over a 20-year period) to quantify the importance of convergence, household fixed effectsand shocks. First …, we find powerful convergence. In the absence of shocks and withouthousehold fixed effects there is rapid growth over the …

Persistent link: https://www.econbiz.de/10011326975

Optimal multi-regional patterns of economic development and material resource use

Janssen, Marco A.; Bergh, Jeroen C. J. M. van den - 2000

Regional economic activities require materials that can be extracteddomestically or imported from other regions. Analysis of optimalpatterns ofcombined economic development and materials use should be discussedinrelation to trade and the environment. A model is presented thatoptimiseslong-term...

Persistent link: https://www.econbiz.de/10011303326

Risky human capital investment, income distribution, and macroeconomic dynamics

Grossmann, Volker - 2003

This paper analyzes the interaction between intergenerational wealth transmission, human capital investments under uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It demonstrates how the role of the personal income...

Persistent link: https://www.econbiz.de/10010261651

Openness and Human Capital as Sources of Productivity Growth : An Empirical Investigation from the MENA Countries

Haouas, Ilham; Yagoubi, Mahmoud - 2005

This paper investigates the impact of openness to trade and higher levels of human capital on the economies of some MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use panel data on 16 countries spanning the 1965 -2000...

Persistent link: https://www.econbiz.de/10010262187

Demographic Determinants of Savings : Estimating and Interpreting the Aggregate Association in Asia

Schultz, T. Paul - 2005

Life cycle savings is proposed as one explanation for much of the increase in savings and economic growth in Asia. The association between the age composition of a nation?s population and its savings rate, observed within 16 Asian countries from 1952 to 1992, is reestimated here to be less than...

Persistent link: https://www.econbiz.de/10010262202