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Can the UAE avoid the oil curse by economic diversification?

Haouas, Ilham; Heshmati, Almas - 2014

Recent research conclude that the GCC economies have failed to address the oil curse. They are far behind other countries, especially those in the G7, which possess huge reserves of oil wealth but have undertaken economic diversification to correct the ill-effects of an oil curse. This paper...

Persistent link: https://www.econbiz.de/10010252644

Human capital and the economic convergence mechanism : evidence from China

Zhang, Xiaboei; Li, Haizheng; Wang, Xiaojun; Fleisher, … - 2019

data from China. We specify alternative measures of human capital and apply them to an enhanced growth model which we …

Persistent link: https://www.econbiz.de/10011993244

Artificial intelligence, income distribution and economic growth

Gries, Thomas; Naudé, Wim - 2020

The economic impact of Articial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel features. First, the task approach from labor economics is reformulated and integrated into a growth model. Second, the standard representative household assumption is rejected, so...

Persistent link: https://www.econbiz.de/10012266990

The rise of China's global middle class in international perspective

Sicular, Terry; Yang, Xiuna; Gustafsson, Björn - 2021

global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective …. China's global middle class has grown rapidly and has been catching up with that in developed countries. By 2018 China …'s global middle class constituted 25 percent of China's population; in absolute size it was nearly double the size of the …

Persistent link: https://www.econbiz.de/10012588683

The economic burden of chronic diseases : estimates and projections for China, Japan and South Korea

Bloom, David E.; Chen, Simiao; Kuhn, Michael; McGovern, … - 2017

China, Japan, and South Korea, and estimate the economic burden of chronic conditions in five domains (cardiovascular … non-communicable diseases over the period 2010-2030 are $16 trillion for China (measured in real USD with the base year …-effectiveness analysis by identifying some intervention strategies to reduce disease prevalence in China that are cost beneficial and …

Persistent link: https://www.econbiz.de/10011704338

Income convergence and the flow out of poverty in India, 1994 - 2005

Quiroga, Paola Andrea Barrientos; Blunch, Niels-Hugo; … - 2015

This paper explores the dynamics of income and poverty of rural Indian households, 1994-2005. The estimation strategy consists of convergence analysis to test whether poor households are catching-up in terms of income, followed by transition analysis to test whether poor households are more...

Persistent link: https://www.econbiz.de/10010498489

Regional convergence in Russia : estimating a neoclassical growth model

Lehmann, Hartmut; Oščepkov, Aleksej Ju.; Silvagni, … - 2020

In this paper, we study convergence in per capita gross regional products across Russian regions in the period from 1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model, augmented with human capital and migration. To our...

Persistent link: https://www.econbiz.de/10012183996

Solow or Lucas? : testing speed of convergence on a panel of OECD countries

Arnold, Jens Matthias; Bassanini, Andrea; Scarpetta, Stefano - 2010

We test whether the growth experience of a sample of 21 OECD countries over the past three decades is more consistent with the augmented Solow model or the Uzawa-Lucas model, by exploiting the different non-linear restrictions implied by them as regards the relationship between factor shares and...

Persistent link: https://www.econbiz.de/10009154581

On the multivariate analysis of the "Lisbon process"

Tausch, Arno (contributor); Heshmati, Almas (contributor); … - 2007

Starting from Professor Kornai's assertion about the necessity to focus on the long-term perspectives of the transformation process, we analyze in this paper the Lisbon performance of the countries of the European Union from such a long-term, structural perspective. We present in a simple form...

Persistent link: https://www.econbiz.de/10003646699

Structural change and innovation as exit strategies from the middle income trap

Vivarelli, Marco - 2014

This paper is intended to provide an updated discussion on a series of issues that the relevant literature suggests to be crucial in dealing with the challenges a middle income country may encounter in its attempts to further catch-up a higher income status. In particular, the conventional...

Persistent link: https://www.econbiz.de/10010350349

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