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Is Poland the Next Spain?
Caselli, Francesco - 2012
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10013101075
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Trade, Investment, and Growth : Nexus, Analysis, and Prognosis
Krishna, Kala; Swanson, Norman R.; Ozyildirim, Ataman - 2021
This paper looks at the patterns of causation between income, export, import, and investment growth for 25 developing …
Persistent link: https://www.econbiz.de/10013235872
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Trade Liberalization and Growth : New Evidence
Wacziarg, Romain T.; Horn Welch, Karen - 2021
growth to the 1990s, discussing recent criticisms of their measurement and estimation framework. Our results suggest that the …. Third, and most importantly, we present new evidence on the time paths of economic growth, physical capital investment and … liberalization has, on average, robust positive effects on growth, openness and investment rates within countries. We illustrate …
Persistent link: https://www.econbiz.de/10013236719
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Natural Experiments in Macroeconomics
Fuchs-Schündeln, Nicola - 2015
A growing literature relies on natural experiments to establish causal effects in macroeconomics. In diverse applications, natural experiments have been used to verify underlying assumptions of conventional models, quantify specific model parameters, and identify mechanisms that have major...
Persistent link: https://www.econbiz.de/10013021490
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Social Capital, Government Expenditures and Growth
Ponzetto, Giacomo A. M. - 2018
This paper shows that social capital increases economic growth by raising government investment in human capital. We …
Persistent link: https://www.econbiz.de/10012920892
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Civic Capital as the Missing Link
Guiso, Luigi - 2010
This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...
Persistent link: https://www.econbiz.de/10013145406
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Do Borders Matter for Social Capital? Economic Growth and Civic Culture in U.S. States and Canadian Provinces
Helliwell, John F. - 2022
The paper first assesses regional and ethnic group differences in social trust and memberships in both Canada and the United States. The ethnic categories people choose to describe themselves are as important as regional differences, but much less important than education, in explaining...
Persistent link: https://www.econbiz.de/10013309215
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Economic Growth and Social Capital in Asia
Helliwell, John F. - 2021
The paper reviews the growth performance of different groups of Asian economies, confirms the role of openness as a key factor explaining the growth differences among the Asian economies, and undertakes a preliminary investigation of the role of social capital and institutions. The role of...
Persistent link: https://www.econbiz.de/10013311635
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How's the Job? Well-Being and Social Capital in the Workplace
Helliwell, John F. - 2010
This paper takes a different tack in addressing one of the fundamental questions in economics: what are the factors that determine the distribution of jobs and wages? In Adam Smith%u2019s classic formulation, and in much of the subsequent literature, wage levels have been used to estimate the...
Persistent link: https://www.econbiz.de/10012761907
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The Role of Social Capital in Financial Development
Guiso, Luigi - 2010
To identify the effect of social capital on financial development, we exploit the well-known differences in social capital and trust (Banfield (1958), Putnam (1993)) across different parts of Italy, using microeconomic data on households and firms. In areas of the country with high levels of...
Persistent link: https://www.econbiz.de/10012763754