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It's Not What You Make, It's How You Use it : Measuring the Welfare Benefits of the it Revolution Across Countries
Bayoumi, Tamim; Haacker, Markus - 2021
This paper analyzes the welfare benefits from falling relative prices of IT (information technology) goods across a … users of IT, not their producers, because of falling relative prices. This is important, as IT production and use are highly … differentiated across countries, and implies that earlier work on how IT production affects real GDP, while useful in calibrating the …
Persistent link: https://www.econbiz.de/10013317887
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Bridging the Mobile Digital Divide in Sub-Saharan Africa : Costing under Demographic Change and Urbanization
Alper, C. Emre - 2020
Digital connectivity, including through the modern cellular network technologies, is expected to play a key role for the Future of Work in sub-Saharan Africa (SSA). We estimate the cost of introducing a full-scale 4G network by 2025 in SSA and an operable 5G network by 2040. We adapt the costing...
Persistent link: https://www.econbiz.de/10012843526
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China's Digital Economy : Opportunities and Risks
Zhang, Longmei - 2019
China's digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech, and costal regions. Such transformation has...
Persistent link: https://www.econbiz.de/10012892899
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Harnessing Digital Technologies to Promote SMEs in the MENAP Region
Lukonga, Inutu - 2021
Policy makers in the MENAP region have been formulating policies and designing programs to develop small and medium sized enterprises (SMEs) with a view to create jobs and achieve inclusive growth. But while the programs have helped increase the number of enterprises, growth of SMEs continues to...
Persistent link: https://www.econbiz.de/10013315136
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Canada's Potential Growth : Another Victim of the Crisis
Estevão, Marcello M. - 2011
This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple accounting framework to decompose trend GDP growth into changes in capital, labor services and total factor productivity, we find a sizeable drop in Canadian potential growth in...
Persistent link: https://www.econbiz.de/10013134722
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The East African Community : Prospects for Sustained Growth
McAuliffe, Catherine - 2012
The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade-the ambition of most...
Persistent link: https://www.econbiz.de/10013096275
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Investment-Led Growth in China : Global Spillovers
Ahuja, Ashvin - 2012
from an investment slowdown in China. It finds that a one percentage point slowdown in investment in China is associated …
Persistent link: https://www.econbiz.de/10013096278
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Tax Composition and Growth : A Broad Cross-Country Perspective
Acosta Ormaechea, Santiago LE - 2012
We investigate the relation between changes in tax composition and long-run economic growth using a new dataset covering a broad cross-section of countries with different income levels. We specifically consider 69 countries with at least 20 years of observations on total tax revenue during the...
Persistent link: https://www.econbiz.de/10013097287
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Social Spending in Korea : Can it Foster Sustainable and Inclusive Growth?
Elekdag, Selim Ali - 2012
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea....
Persistent link: https://www.econbiz.de/10013098277
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Public Debt Dynamics : The Effects of Austerity, Inflation, and Growth Shocks
Cherif, Reda - 2012
We study how macroeconomic shocks affect U.S. public debt dynamics using a VAR with debt feedback. Following a fiscal austerity shock, the debt ratio initially declines and then returns to its pre-shock path. Yet, the effect is not statistically significant. In a weak economic environment, the...
Persistent link: https://www.econbiz.de/10013098577