The paper investigates the local dynamics of a simple growth model with a public health factor. A notable feature of … contributes to labor productivity growth. From a three-dimensional dynamic system that includes physical capital, public health … undiversified growth pattern when converging on high- and low-growth equilibria. Our striking result has important implications in …

China's fast growth is perceived as a major determinant of its savings glut that contributes to global imbalances, but … find that China's growth is positively affected by saving but has a limited effect on saving, that inequality mainly has a … negative impact on growth but has a positive impact on saving, and that inequality is a stronger factor than growth in …

An extensive literature stresses that currency misalignments are costly in terms of growth performance. However, these …

This paper examines the impact of external debt on economic growth in Pakistan over the period 1970–2009. The empirical … exploration of the impact of external debt on growth is analyzed allowing external debt to interact with macroeconomic policy … index and considering the ratio of multilateral external debt to total external debt as an additional factor in the growth …

economic growth in the Kingdom of Bahrain. Oil revenues are the main source of financing government expenditures and imports of … infrastructure. In this paper, we investigate whether the huge government spending has enhanced the pace of economic growth or not … results suggest that oil revenues remain the principal source for growth and the main channel which finance the government …

The present study reinvestigates the impact of corruption on economic growth by incorporating financial development and … trade openness in growth model in case of Pakistan. We have used time series data over the period of 1987–2009. We have …

We evaluate the growth and welfare effects of budget-neutral reforms in the US tax system. Large gains in welfare and … growth could result from adopting a consumption-based tax system. In contrast, significant welfare and growth losses would …-negligible welfare and growth gains. …

The empirical evidence on the relationship between income inequality and economic growth is widely recognized and, now … economic growth and income inequality in the case of Mexico. To this end, a time series of data for the Gini coefficients from … in cross-country growth regressions. We first investigate (and confirm) that the two series of per capita GDP and Gini …

Growth models with endogenous mortality assume generally that life expectancy is increasing with output per capita and …

In this paper, we investigate the robustness of the relationship between trade openness and long-run economic growth … a systematic manner. We find no evidence that trade openness is directly and robustly correlated with economic growth in … different trade openness proxies and none of the proxies is robustly associated with economic growth. The data evidence also …