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An Empirical Growth Model for Major Oil Exporters
Esfahani, Hadi Salehi - 2012
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focuses on...
Persistent link: https://www.econbiz.de/10013107701
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An Empirical Study of the Relationships Between CO2 Emissions, Economic Growth and Openness
Choi, Eunho - 2014
This paper investigates the existence of the environmental Kuznets curve (EKC) for carbon dioxide (CO2) emissions and its causal relationships with economic growth and openness by using time series data (1971-2006) from China (an emerging market), Korea (a newly industrialized country), and...
Persistent link: https://www.econbiz.de/10013069032
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Oil Exports and the Iranian Economy
Esfahani, Hadi Salehi - 2009
This paper develops a long run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focus on short...
Persistent link: https://www.econbiz.de/10013154980
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Human Capital as Engine of Growth the Role of Knowledge Transfers in Promoting Balanced Growth within and across Countries
Ehrlich, Isaac - 2020
Unlike physical capital, human capital has both embodied and disembodied dimensions. It can be perceived of as skill and acquired knowledge, but also as knowledge spillover effects between overlapping generations and across different skill groups within and across countries. We illustrate the...
Persistent link: https://www.econbiz.de/10012837320
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Trade and Economic Growth : Theories and Evidence from the Southern African Development Community
Farahane, Matias - 2020
This paper empirically tests the hypothesis that trade can act as an engine of growth using panel data for the Southern … covered by this study (2005-2017), export expansion stimulated growth, more openness to trade reduced it, and that the … instruments for achieving its central objective. These results lead to three conclusions. Firstly, trade through export expansion …
Persistent link: https://www.econbiz.de/10012823307
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Economic Growth and Political Integration : Estimating the Benefits from Membership in the European Union Using the Synthetic Counterfactuals Method
Campos, Nauro F. - 2014
This paper presents new estimates of the economic benefits from economic and political integration. Using the synthetic counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the European Union (EU) in the 1973, 1980s, 1995...
Persistent link: https://www.econbiz.de/10013054567
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Birthplace Diversity and Economic Prosperity
Alesina, Alberto F. - 2013
ethno-linguistic and genetic fractionalization, geography, trade, education, institutions, and origin-effects capturing …
Persistent link: https://www.econbiz.de/10013076803
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Capital Account Policies, IMF Programs and Growth in Developing Regions
Bicaba, Zorobabel - 2015
This paper develops an adaptive learning model under uncertainty that examines evolution of capital account polices over time and across developing regions. In the framework, countries' past experiences and IMF programs influence policymakers' beliefs about the impact of capital account...
Persistent link: https://www.econbiz.de/10013029623
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Does Openness to International Financial Flows Contribute to Productivity Growth?
Kose, M. Ayhan; Prasad, Eswar S.; Terrones, Marco E. - 2021
Economic theory has identified a number of channels through which openness to international financial flows could raise productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output growth, far less attention has been paid to its...
Persistent link: https://www.econbiz.de/10013325040
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International Trade and its Effects on Economic Growth in China
Sun, Peng - 2010
International trade, as a major factor of openness, has made an increasingly significant contribution to economic … growth. Chinese international trade has experienced rapid expansion together with its dramatic economic growth which has made … the country to target the world as its market. This research discusses the role of international trade in China's economic …
Persistent link: https://www.econbiz.de/10013138732