Showing 1 - 10 of 1,140
supportive of renewable energy and climate change mitigation efforts tend to show greater decoupling between trend emissions and …
Persistent link: https://www.econbiz.de/10011848132
underlying policy frameworks more supportive of renewable energy and supportive of climate change tend to have greater decoupling …
Persistent link: https://www.econbiz.de/10011799677
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. Historical trends in energy efficiency have reduced energy demand, globally …, by about 1.2 percent per year and have, thus, helped bring forward a plateau in energy demand for high income countries …
Persistent link: https://www.econbiz.de/10012392616
We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions ""trumps"" everything else. Controlling for...
Persistent link: https://www.econbiz.de/10014401492
This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and level of development. Using a dataset of 158 countries over the period from 1996 to 2015, our results reveal a robust U-shaped relationship between the shadow economy size and...
Persistent link: https://www.econbiz.de/10012009455
This paper analyzes the sources of Mexico''s economic growth since the 1960s and compares various decompositions of … historical growth into its trend and cyclical components. The role of the implied output gaps in the inflationary process is then … assessed. Looking ahead, the paper presents medium-term paths for GDP based on alternative assumptions for productivity growth …
Persistent link: https://www.econbiz.de/10014400927
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
leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate … growth are tested explicitly. The possibility of endogeneity is addressed by constructing an instrument for trade by … that trade has a large and significant effect on the level of income, but the effect on income growth is small and non …
Persistent link: https://www.econbiz.de/10014404012
Would better state institutions increase tax collection, or would higher tax collection help improve state institutions? In the absence of conclusive guidance from theory, this paper searches for an empirical answer to this question, using a panel dataset covering 110 non-resource-rich countries...
Persistent link: https://www.econbiz.de/10012103602
We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different …
Persistent link: https://www.econbiz.de/10012252029