growth of African countries primarily due to the high prevalence of agriculture in these countries. But with avenues of … countries in the East African Community (EAC). Recently, the growth rate of the service sector has been impressive in the … sales growth, innovation and turnovers of service firms. The results show the factors that have contributed to the …

policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …

effectiveness of growth in reducing poverty; whereas an adverse direct effect of initial poverty on growth - which is recognized as …

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

aggregate labor supply and savings. Next, we turn to economic growth, and describe how accounting for families is central for …

lower GDP growth per year on average. These estimated costs increase for candidates with serious accusations, multiple …

- together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue … that religion can enhance or impinge upon economic growth through all four elements because it shapes individual …

The neoclassical growth model assumes fixed labor supply and competitive labor markets. Is it harmless to ignore … monopsonistic power in the neoclassical growth model? The paper argues that it is not, especially if a growth model needs to be … consistent with the long-run dynamics of the labor share. This paper solves a minimalist growth model with monopsonistic power at …