Showing 1 - 10 of 204
This paper investigates empirically the factors that have influenced economic growth in Cameroon during 1963-96. The … increasing returns to scale; (2) the impact of increases in private investment on growth is large, significant, and robust; (3 …) increases in government investment have a positive impact on growth; (4) human capital development plays an important role in …
Persistent link: https://www.econbiz.de/10014400292
This paper examines dynamic patterns of investment in Cameroon, Ghana, Kenya, Zambia and Zimbabwe, assessing the … importance of zero investment episodes and lumpy investment. The proportion of firms experiencing large investment spikes is … significant in explaining aggregate manufacturing investment. Taken together, evidence from descriptive statistics, average …
Persistent link: https://www.econbiz.de/10014400554
This paper uses census and household survey data on Cameroon, Ghana, and South Africa to examine immigration's impact …
Persistent link: https://www.econbiz.de/10012300611
The external debt burden of many low-income developing countries has increased significantly since the 1970s. Developments in a sample of ten countries show that the main factors behind the buildup of debt were (1) exogenous (adverse terms of trade shocks or weather), (2) a lack of sustained...
Persistent link: https://www.econbiz.de/10014400423
demand in Cameroon over 1963/64-1993/94. The cointegrated VAR analysis first describes an open-economy model of money, prices … Cameroon and France, and the stability of the short-run dynamics of the broad money demand function is confirmed …
Persistent link: https://www.econbiz.de/10014403616
This paper examines innovation, deregulation, and firm dynamics over the life cycle of the U.S. ATM and debit card industry. In doing so, we construct a dynamic equilibrium model to study how a major product innovation (introducing the new debit card function) interacted with banking...
Persistent link: https://www.econbiz.de/10011373930
Persistent link: https://www.econbiz.de/10010359923
This paper assesses the effects of structural reforms on firm-level productivity for 37 developing countries from 2006 to 2014 period. It takes advantage of the IMF Monitoring of Fund Arrangements dataset for reform indexes and the World Bank Enterprise Surveys for firm-level productivity. The...
Persistent link: https://www.econbiz.de/10011848168
This paper proposes a new index of sectoral labor distortion using employment and valueadded shares. We show that this index is highly correlated with growth both crosssectionally and over time. We also use it to compare the degree of distortion among countries and identify sectors where the...
Persistent link: https://www.econbiz.de/10011743015
This paper addresses two questions relating to the output decline in Poland since the initiation of market-oriented reforms at the beginning of 1990. First, to what extent is the decline in output a generalized phenomenon, rather than reflecting the short-term effects of resource reallocation in...
Persistent link: https://www.econbiz.de/10014397090