energy consumption and economic growth. -- Energy consumption ; panel unit roots ; panel cointegration ; vector error …

FDI depends on the country specific absorptive capacity. We first interact FDI individually with different growth … determinants and we find that the contribution of FDI to economic growth is positive and significant depending on the level of … substitute a set of other growth determinants. Then we test the robustness of the linear interaction terms relative to each other …

Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output … growth, giving support to Phillips' Golden Triangle theory. -- Employment Growth ; Inflation ; Output Growth ; Golden …

This paper analyses the impact of violent conflict on economic growth using micro-level data from Indonesia. We compile … detrimental impact evident in manufacturing industries and the service sectors. Further, the short-run impacts on growth appear to …. -- Violent Conflict ; Economic Growth ; Indonesia …

We provide an overview of China's economic rise through time. Over the past decade, China has maintained 10% growth in …

This paper provides new evidence on the contribution of local banking to local economic growth (i.e. at county level …

We show that previous results suggesting that government ownership of banks is associated with lower long run growth … rates are not robust to adding more 'fundamental' determinants of economic growth. We also present new cross … long run growth rates. While acknowledging that cross-country results need not imply causality, we nevertheless provide a …

investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified … results show that the impact on output growth in the advanced economies can be quite substantial, especially for the Asian …

This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export … volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with … growth effect of exports and the capacity of a country to absorb new knowledge. -- Export-led growth ; Developing countries …