Showing 1 - 7 of 7
In this paper, we analyze the role played by capital goods imports in the long-run growth of developing countries. We … determinants of the long-run growth rate of per capita GDP over the analyzed period. Furthermore, our results are also consistent … with the hypothesis that the link between trade openness and long-run growth operates mainly through imports. This finding …
Persistent link: https://www.econbiz.de/10010703096
economic growth in four Latin American countries between 1980 and 2007. The results, based on panel time-series data and … activities, and therefore to promote economic growth. Furthermore, given the characteristics of the sample of countries chosen … sustained growth and prosperity in the region. …
Persistent link: https://www.econbiz.de/10010573832
Asian model of economic growth will underscore the importance of globalization and will shift the balance of the theory of … economic growth from innovation to investment in human and nonhuman capital. The transformation of official statistical systems …
Persistent link: https://www.econbiz.de/10010679051
Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010785251
Over the last few decades several countries have turned to inflation targeting as a policy choice for instilling stability into their economies. Prior studies have shown that inflation targeting has reduced inflation in those countries without significantly impacting GDP. This study seeks to...
Persistent link: https://www.econbiz.de/10010906733
This paper examines the long-run relationship between top income shares and economic growth for a panel of nine high … share reduces growth, and that long-run causality also runs in the opposite direction—from economic growth to top income …
Persistent link: https://www.econbiz.de/10011051522
– as related but distinct groups within entrepreneurship, this work analyzes the roles of different factors in … entrepreneurship survival in Europe from a new perspective: contrasting the determinants of own-account workers’ survival with those … affecting employers’ survival in the EU-15. Our results confirm the presence of persistence in entrepreneurship. However, we …
Persistent link: https://www.econbiz.de/10011051484