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The purpose of this paper is to test whether institutional governance and its performance is a main driving force to achieve a positive relationship between natural resources and economic growth in the long run. The main objective is to ascertain what kind of institutional governance would be...
Persistent link: https://www.econbiz.de/10013056564
I investigate the relationship between university rankings and economic growth and found that the relationship is statistically significant. The more the number of universities that a country has in international university rankings, the higher its GDP per capita. What is more surprising is...
Persistent link: https://www.econbiz.de/10013061096
The main purpose of the paper is to analyze GDP PPP per capita growth rates across countries in the period 1980-2008, as well as to identify top and bottom country performers. In addition, the author verifies the statistical relationship between GDP PPP per capita and some arbitrary selected...
Persistent link: https://www.econbiz.de/10014147300
(India), I find significant negative effects of terrorism on the level of investment in long-term agricultural technology but … effects are small and insignificant for short-term investment. The presence of a major terrorist incident in a district in a … year reduces long-term fixed investment by around 17% after controlling for district fixed-effects, time trends, district …
Persistent link: https://www.econbiz.de/10009294678
This study investigates the relationship between saving, investment and economic growth for India over the period 1950 … test show that higher saving and investment lead to higher economic growth, but the reciprocal causality is not observed …. Further, it is empirically evident that saving and investment led growth is coming from the household sector. It may be …
Persistent link: https://www.econbiz.de/10011259639
This paper aims to study the interaction between the control of corruption, investment and economic growth in the MENA … investment in the period 1984-2012 in the MENA region while using the model of simultaneous equations. …
Persistent link: https://www.econbiz.de/10011266232
The study seeks to investigate empirically the direction and shape of causality among trade openness, investment and … openness, national income growth and total investment. Furthermore, empirical results of Granger causality confirm that there … exists unidirectional causality between economic growth and investment; between trade openness and economic growth; and …
Persistent link: https://www.econbiz.de/10009401344
We propose an evolutionary equation and develop an asymptotic theory that generalize results obtained in Polterovich, Khenkin, 1988. It is shown that, as a result of interaction between innovation and imitation, the shape of the efficiency distribution curve of technologies eventually...
Persistent link: https://www.econbiz.de/10008592990
individual citizens, human rights violations; the faltering private investment, is lack of uniformity in the application of the …) relative to the world total trade. …
Persistent link: https://www.econbiz.de/10008694164
certain industry. Modeling outcome also suggests that a long-run economic growth requires direct investment of internal … savings into appropriate investment vehicles with exclusion from savings-investment chain the interest-rate-bearing bank …
Persistent link: https://www.econbiz.de/10005836790