Showing 51 - 60 of 155
The empirical analysis in ""International R&D Spillovers"" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in...
Persistent link: https://www.econbiz.de/10014400689
This paper provides empirical support for the view that enhanced economic security fosters private investment and … improved since the mid-1980s; that private investment is mostly influenced by the risk of expropriation, the degree of civil …
Persistent link: https://www.econbiz.de/10014400780
The previous literature points to a high correlation between domestic rates of investment and savings among OECD … investment on the rate of domestic savings is statistically insignificant most of the time and generally smaller than 0.3 for any …. In particular, we control for measurement error, business cycle effects, and country-specific fixed effects …
Persistent link: https://www.econbiz.de/10014400839
assumption of a one-period perturbation in the capital stock. Instead it allows a permanent investment. While this may appear a … the original EATR: despite the assumption of a one-period investment, the original measure is informative about long …
Persistent link: https://www.econbiz.de/10014401478
This paper shows that aggregate investment expenditure shares on tradable and nontradable goods are very similar across … nontradable goods in investment can be modeled using the Cobb-Douglas aggregator …
Persistent link: https://www.econbiz.de/10014401686
This paper estimates an empirical model for investment in the West African Economic and Monetary Union (WAEMU), a … region with relatively low investment shares, using annual data for the period 1970-95. Cross-country and time … transactions, and low dependency ratios are positively correlated with investment in the WAEMU region …
Persistent link: https://www.econbiz.de/10014401721
This paper studies the prospects for sustainable growth and economic development in Gabon, in the face of a severe decline in its main source of income and growth, i.e. oil. A simple Computable General Equilibrium model is used to simulate the development of the non-oil economy under various...
Persistent link: https://www.econbiz.de/10014401724
The World Bank documents an inverse relationship between GDP per capita and child labor participation rates. We construct a life-cycle model with human and physical capital in which parents make a time allocation choice for their child. The model considers two features that have shown potential...
Persistent link: https://www.econbiz.de/10014401733
Investment-to-GDP ratios across the Caribbean tend to be relatively high. In many countries, these ratios have been … trending higher since the mid-1990s, largely reflecting public investment and foreign direct investment. Private domestic … investors have been less prominent. This may be one reason why such high investment has delivered Caribbean growth rates below …
Persistent link: https://www.econbiz.de/10014402066
examines the implications of treating intangible spending as an acquisition of final (investment) goods on GDP growth for … Canada. It finds that investment in intangible capital by 2002 is almost as large as the investment in physical capital. This …
Persistent link: https://www.econbiz.de/10014402260