effects of the consumption externality on the propensity to consume, capital level and individual consumption growth rates are …

productivity, Euro area productivity growth has, since the mid-1990s, fallen significantly behind. We show that this recent … divergence has accelerated since 2000, and that this is mainly due to the poor rate of Euro area TFP growth. Based on prevailing … trends, we estimate that potential output growth in the Euro area currently may be running as low as 1.5 percent per year. In …

more specifically the impact of human capital on per capita economic growth in transition economies in the Russian … economic growth. We estimate a system of linear and log-linear equations accounting for different time lags in the possible … impact of human capital on economic growth. …

economic growth process halted. This paper traces the extent of Liberia’s collapse, and examines the patterns of post … faced by Liberia in strengthening rapid, inclusive, and sustained economic growth and how these challenges were converted … pace for sustainable economic growth in Liberia. Because of these steps, the economic growth, which was very low before …

This paper examined the role of export in the economic growth process in Nigeria. Time series data ranging from 1970 to … economic growth and export are integrated of order one, i.e. 1(1). The cointegration test confirmed for model 1 and model 2 … (where total exports and oil exports are used respectively as proxy for Nigeria exports) that economic growth and export are …

The aim of this paper is to investigate the causal relationship between electricity consumption and GDP growth for the … consumption and GDP growth in the long-run while results of the short-run reveal unidirectional causality relationship between the …

Undervaluation of the currency is generally believed to affect growth through two main transmission channels: the … “capital accumulation channel” and the “total factor productivity (TFP) growth channel”. This paper carries out the first … empirical investigation on the TFP growth channel. More specifically, we provide answers to the three following questions: Does …

evaluating the impact of development aid on economic growth. …