market if it is profitable to do so. The economy evolves to a balanced growth path in which income, welfare, and the share of … restrictions will slow-down economic growth, while a decrease may give rise to a rapid catch-up process. The static costs of trade …

constraints, economic reforms and growth. A dynamic panel analysis suggests public support for reform is negatively associated … progress in economic reform, which in turn influences economic growth. The findings highlight that while economic reforms are … needed to foster growth, they must be designed so that they do not undermine political support for reform. …

economic growth triggered by the oil shocks and general world economic recession of the mid and late 1970’s. These structural … allocate resources more productively. Since the theory of Structural Adjustment Programmes (SAPs) has industrial growth …, manufacturing in particular, at the centre of its argument for reviving economic growth, this paper primarily aims at establishing …

). Solow`s neoclassical growth model (Solow,R. 1956) is used to analyze and evaluate each one of the six alternative solutions … suggested. The model can easily accommodate supply side effects including total factor productivity growth which play a key rôle …

steer it with skilful judgement towards health and growth, by making decisions to change their base interest rate, with …

This empirical note uses publicly available Goskomstat data to investigate income growth and convergence across Russian … be converging among themselves, while growth experiences among other regions have been highly heterogeneous. …

agrarian stages. We explain this rise-and- fall pattern of slavery in a growth model with land and labor as inputs in … agents own their labor. In this process, the role of population growth switches from being a force driving the transition …

In this paper, we study some of the properties of a discrete-time version of the two-class model of growth and …

This paper studies whether and how capital investment and economic freedom jointly endogenize economic growth. The … the crucial role of both domestic and foreign capital investment and economic freedom for rapid growth. Countries that … improve economic freedom and that bolster capital investment tend to experience faster growth. The domestic investment rate …

This paper studies the co-movements of unemployment and labor productivity growth for the U.S. economy. Measures of co …