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Following Solow's (2001) recent advice, this paper takes productivity as the left-hand-side variable and offers a cross-country analysis of its determinants. The analysis follows the two-stage methodology, the first of which is devoted to obtaining productivity estimates, and the second stage is...
Persistent link: https://www.econbiz.de/10011212991
This paper reviews new growth theories (NGT) from the perspective of developing countries. It shows that despite some views to the contrary, NGT and the growth debate that it spawned have some useful lessons for developing countries. Some of these lessons and ideas were indeed available from...
Persistent link: https://www.econbiz.de/10011213048
The paper distinguishes between 'immediate measures of the quality of civil administration' (IM-QCA), such as corruption, and the 'final measure of the quality of civil administration' (FM-QCA), which is the growth performance of an economy. The paper argues that, instead of being monotonic and...
Persistent link: https://www.econbiz.de/10011096464