Arora, Vivek; Vamvakidis, Athanasios - In: Journal of Economic Integration 21 (2006), pp. 21-39
This paper attempts to quantify the extent to which U.S. growth is an “engine” of the world economy. Results based on fixed-effects estimation using panel data suggest a significant positive impact of U.S. growth on growth in the rest of the world, especially developing countries, in recent...
