Narrow search
Showing 1 - 10 of 74
Cover Image
Relating the Knowledge Production Function to total Factor Productivity; An Endogenous Growth Puzzle
Joutz, Frederick L.; Abdih, Yasser - International Monetary Fund (IMF) - 2005
The knowledge production function is central to R&D-based growth models. This paper empirically investigates the … knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests … there are two long-run cointegrating relationships. The first captures a long-run knowledge production function; the second …
Persistent link: https://www.econbiz.de/10005605296
Cover Image
Differential Effects of Oil Demand and Supply Shocks on the Global Economy.
Cashin, Paul - 2012
Reserves, Production and Exports of Major Oil Exporters, averages over 2008-2010 -- 4. Variables Specification of the Country … Production -- 7. Number of Rejections of the Null of Parameter Constancy per Variable Across the Country-specific Models at the 5 …
Persistent link: https://www.econbiz.de/10012690166
Cover Image
Oil and Growth in the Republic of Congo.
Bhattacharya, Rina - 2006
Intro -- Contents -- I. INTRODUCTION -- II. POLITICAL AND SECURITY SITUATION -- III. ECONOMIC PERFORMANCE SINCE 1970 -- IV. THE ROLE OF OIL IN CONGO -- V. NATURAL RESOURCES AND GROWTH -- VI. EMPIRICAL ANALYSIS OF THE DETERMINANTS OF ECONOMIC GROWTH -- VII. REAL EFFECTIVE EXCHANGE RATE...
Persistent link: https://www.econbiz.de/10012691161
Cover Image
Natural-Resource Depletion, Habit Formation, and Sustainable Fiscal Policy : Lessons from Gabon
Leigh, Daniel - 2006
Intro -- Contents -- I. INTRODUCTION -- II. BACKGROUND -- III. THEORETICAL FRAMEWORK -- IV. RESULTS AND SENSITIVITY TESTS -- V. EXTENSIONS -- VI. CONCLUDING REMARKS AND FUTURE RESEARCH AGENDA -- References.
Persistent link: https://www.econbiz.de/10012691163
Cover Image
Crude Oil Prices
Krichene, Noureddine - 2008
Following record low interest rates and fast depreciating U.S. dollar, crude oil prices became under rising pressure and seemed boundless. Oil price process parameters changed drastically in 2003M5-2007M10 toward consistently rising prices. Short-term forecasting would imply persistence of...
Persistent link: https://www.econbiz.de/10012677453
Cover Image
The Impact of Oil-Related Income on the Equilibrium Real Exchange Rate in Syria
Dridi, Jemma - 2008
This paper examines the impact of oil-related income, among other fundamentals, on the equilibrium real effective exchange rate (ERER) in Syria. After reviewing the evolution of the Syrian multiple exchange rate regime since 1960 and assessing alternative measures for the exchange rate, the...
Persistent link: https://www.econbiz.de/10012677644
Cover Image
Trade Elasticities in the Middle East and Central Asia : What is the Role of Oil?
Billmeier, Andreas - 2008
The analysis in this paper suggests that import and export volume elasticities are markedly lower in oil-exporting Middle East and Central Asian countries than in non-oil countries in the region. A key implication of this finding is that a real appreciation of the exchange rate in oil-exporting...
Persistent link: https://www.econbiz.de/10014409065
Cover Image
Investing Volatile Oil Revenues in Capital-Scarce Economies : An Application to Angola
Richmond, Christine - 2013
Natural resource revenues are an increasingly important financing source for public investment in many developing economies. Investing volatile resource revenues, however, may subject an economy to macroeconomic instability. This paper applies to Angola the fiscal framework developed in Berg and...
Persistent link: https://www.econbiz.de/10014409430
Cover Image
Japan’s Quest for Growth; Exploring the Role of Capital and innovation
Syed, Murtaza H.; Lee, Jinsook - International Monetary Fund (IMF) - 2010
As labor input in Japan shrinks with population aging, capital accumulation and productivity gains will drive growth over the medium-term. At the same time, a changing global landscape calls for a shift in export-oriented investment toward new markets and a new generation of products, as well as...
Persistent link: https://www.econbiz.de/10008777031
Cover Image
The Great Contractions in Russia, the Baltics and the Other Countries of the Former Soviet Union; A View From the Supply Side
International Monetary Fund (IMF); International … - 2000
The output contractions during the initial transition stages in the Baltics and in Russia and the other CIS countries are examined across several dimensions, and the reliability of the available official statistics evaluated. The depth, length and breadth of the contractions are studied and set...
Persistent link: https://www.econbiz.de/10005263697