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Skilled Immigrants' Contribution to Productive Efficiency
Nahm, Daehoon - 2014
This paper studies whether skilled migrants contribute to the host country's 'productive efficiency' (Farrell, 1957 … find that skilled migrants contribute positively to a country's productive efficiency with the exception of the finance …
Persistent link: https://www.econbiz.de/10013050617
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When, Where and How to Perform Efficiency Estimation
Badunenko, Oleg - 2011
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the … examples. We find that the reliability of efficiency scores critically hinges upon the ratio of the variation in efficiency to …
Persistent link: https://www.econbiz.de/10013120128
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Should Easier Access to International Credit Replace Foreign Aid?
Bandyopadhyay, Subhayu - 2011
We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...
Persistent link: https://www.econbiz.de/10013119295
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Happy Voters
Liberini, Federica - 2014
Motivated by recent interest and initiatives taken by several governments and international organizations to come up with indicators of well-being to inform policy makers, we test if subjective well-being measures (SWB) can be employed to study voting behaviour. Controlling for financial and...
Persistent link: https://www.econbiz.de/10013046234
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Corporate Efficiency, Credit Status and Investment
Quader, Manzur - 2014
switching regression models (SRM) incorporating a predicted corporate efficiency index are estimated in this paper in an effort …'s constrained credit status changes with the improvement of its efficiency. The results further reveal that financially constrained … related with corporate efficiency. These results point to the fact that high investment sensitivity to cash flow may not be …
Persistent link: https://www.econbiz.de/10013051438
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The Relationship between Economic Growth and Democracy : Alternative Representations of Technological Change
Heshmati, Almas - 2017
This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980–2014 show that democracy had a robust positive impact on economic …
Persistent link: https://www.econbiz.de/10012950922
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Policies to Promote Growth and Economic Efficiency in Mexico
Arias, Javier - 2010
This paper discusses the problems facing the Mexican economy. It operates under a heavy burden of monopoly and regulation. We focus on two issues that should receive more attention in discussions of Mexican policy. (1) The family is under stress in Mexico and this retards the growth of skills of...
Persistent link: https://www.econbiz.de/10013148068
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Human Capital and Growth : Specification Matters
Sunde, Uwe - 2011
This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...
Persistent link: https://www.econbiz.de/10013120134
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The New Stylized Facts About Income and Subjective Well-Being
Sacks, Daniel W. - 2013
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10013088664
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Volatility and Growth : Governments are Key
Jetter, Michael - 2013
increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …
Persistent link: https://www.econbiz.de/10013071293