variables, included some related to the supply-side and demographics, so to verify the single contributions to income growth and …Average hourly productivity has often been used to draw conclusions on long run per capita GDP growth, based on the … trend among the two variables in the period 1980-2005. Furthermore, we apply a simple decomposition of GDP growth into five …

This paper constructs a model of growth based on Adam Smith's notions of specialization and extent of the market. We … the economy has grown. 2) Services as a percent of GDP have risen at the same time. In this paper growth depends on … model of sustained, but not infinite, growth. Indeed, the main point of the paper is that it is possible to build growth …

tasks performed by labor and capital; raises the prospect of examining growth as the speeding up of machines; and identifies … greater use of energy as an important source of growth. In addition, we use these results to explain the near stagnation in … living standards in agrarian economies in the millennia before 1800, and the dramatic acceleration in growth since that date. …

claim that finance promotes real economy via managing risk and decreasing transaction costs. Furthermore, the pro-growth e …

costs. Furthermore, the pro-growth effect of finance seems to come from financial intermediaries like banks rather than from …

This paper explores the non-linear relationship between financial development and economic growth. It mainly relies on … to endogenously assess the impact of financial development on growth. Using a sample of 43 advanced and developing … economies over the period 1975–2009, the paper highlights that financial development supports economic growth in low-income and …

economic growth has come under increasing scrutiny. One strand of literature posits a positive relationship between financial … liberalisation and economic growth and development. However, others emphasise that the link between financial liberalisation is … intrinsically associated with financial instability which may be harmful to economic growth and development. In this study, we offer …

to find their possible economic meaning and interpretation. The economic growth reflected in the system potential rise …

Higgins et al. (2006) report several statistically significant partial correlates with U.S. per capita income growth … U.S. growth. …