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Not anytime soon. Using a novel dataset covering 127 countries and spanning two centuries, we find evidence for an energy Kuznets curve, with an initial decline of energy demand at low levels of per capita income followed by stages of acceleration and then saturation at high-income levels....
Persistent link: https://www.econbiz.de/10012392616
An error-correction model identifies determinants of growth consistent with results from panel regressions based on a standard Cobb-Douglas production function for El Salvador for 1970-1995, with structural factors affecting the technology variable and macroeconomics and expectations explaining...
Persistent link: https://www.econbiz.de/10014403408
relative importance of total factor productivity growth and factor accumulation, using a cointegration method and a growth …
Persistent link: https://www.econbiz.de/10014404167
Domestic savings and investment are positively correlated across countries and through time, as Feldstein-Horioka (FH) unveiled 40 years ago. We argue that an interpretation of this correlation based on market failures is more consistent with data patterns than alternative hypotheses. Moreover,...
Persistent link: https://www.econbiz.de/10012299319
. The bi-directional causality results suggest that developing tax capacity and building state institutions need to go hand …
Persistent link: https://www.econbiz.de/10012103602
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Past studies on the relationship between electricity consumption and temperature have primarily focused on individual countries. Many regions are understudied as a result of data constraint. This paper studies the relationship on a global scale, overcoming the data constraint by using grid-level...
Persistent link: https://www.econbiz.de/10012517931