Showing 1 - 10 of 999
Persistent link: https://www.econbiz.de/10012691103
We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries...
Persistent link: https://www.econbiz.de/10012677563
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of...
Persistent link: https://www.econbiz.de/10008839352
Over the past decade, China's growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China's supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10012677549
We investigate the nexus of public and private investment and assess the impact of both types of investment on growth …. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin …. We find that in addition to institutional and regulatory developments, public investment and private capital formation …
Persistent link: https://www.econbiz.de/10012677591
of investment, civil conflict, economic inefficiencies, state intervention in the economy, and regulatory restrictions …
Persistent link: https://www.econbiz.de/10012677702
by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The … study finds that sluggish investment has undermined growth since 1996 and that the underinvestment is in part explained by … limited saving. Thus, over the last decade, interactions between investment, saving, and production may have perpetuated slow …
Persistent link: https://www.econbiz.de/10012677704
Intro -- Contents -- I. INTRODUCTION -- II. THE PARADOX: LOW GROWTH AND HIGH INVESTMENT -- III. THE MISMEASUREMENT …
Persistent link: https://www.econbiz.de/10012691081
We investigate the nexus of public and private investment and assess the impact of both types of investment on growth …. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model investment and growth in Benin …. We find that in addition to institutional and regulatory developments, public investment and private capital formation …
Persistent link: https://www.econbiz.de/10014409029
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/10009659803