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Invisible geniuses : could the knowledge frontier advance faster?
Agarwal, Ruchir; Gaulé, Patrick - 2018
The advancement of the knowledge frontier is crucial for technological innovation and human progress. Using novel data …
Persistent link: https://www.econbiz.de/10011978560
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Corruption, Public Investment, and Growth
Tanzi, Vito - 1997
Corruption, particularly political or “grand” corruption, distorts the entire decision-making process connected with public investment projects. The degree of distortions is higher with weaker auditing institutions. The evidence presented shows that higher corruption is associated with (i)...
Persistent link: https://www.econbiz.de/10014401205
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Product Variety and Economic Growth : Empirical Evidence for the Oecd Countries
Funke, Michael - 2000
This paper uses panel data for 19 OECD countries and finds support for the hypothesis that a greater degree of product variety relative to the United States helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from...
Persistent link: https://www.econbiz.de/10014399925
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The Impact of Fiscal Policy Variableson Output Growth
Gerson, Philip R. - 1998
This paper surveys the theoretical and empirical literature on the relationship between taxation and public expenditure and economic growth. Particular attention is paid to the effect of taxation and government expenditure on the supply and productivity of labor and physical capital. Studies...
Persistent link: https://www.econbiz.de/10014400103
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Tax Composition and Growth : A Broad Cross-Country Perspective
Acosta Ormaechea, Santiago - 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/10014395597
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Democracy and Foreign Education
Spilimbergo, Antonio - 2007
Do foreign-educated individuals play a role in promoting democracy in their home countries? Despite the large amount of private and public resources spent on foreign education, there is no systematic evidence that foreign-educated individuals foster democracy in their home countries. Using a...
Persistent link: https://www.econbiz.de/10014400353
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Why U.S. immigration matters for the global advancement of science
Agarwal, Ruchir; Ganguli, Ina; Gaulé, Patrick; Smith, Geoff - 2021
This paper studies the impact of U.S. immigration barriers on global knowledge production. We present four key findings. First, among Nobel Prize winners and Fields Medalists, migrants to the U.S. play a central role in the global knowledge network-representing 20-33% of the frontier knowledge...
Persistent link: https://www.econbiz.de/10012518315
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Designing fiscal redistribution : the role of universal and targeted transfers
Coady, David; Le, Nghia-Piotr - 2020
There is a growing debate on the relative merits of universal and targeted social assistance transfers in achieving income redistribution objectives. While the benefits of targeting are clear, id est, a larger poverty impact for a given transfer budget or lower fiscal cost for a given poverty...
Persistent link: https://www.econbiz.de/10012252049
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Tracing productivity growth channels in the UK
Garcia-Macia, Daniel; Korosteleva, Julia - 2021
traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation …, using registry data on the universe of firms. The dominant innovation source in the pre-GFC decade were improvements by … recovery, survey data suggests that creative destruction (i.e., innovation replacing other firms' products) is expected to gain …
Persistent link: https://www.econbiz.de/10012795165
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Corporate and household debt distress in Latvia : strengthening the incentives for a market-based approach to debt resolution
Erbenová, Michaela; Liu, Yan; Saxegaard, Magnus - 2011
Persistent link: https://www.econbiz.de/10009486289