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On the impact of external debt and aid on public expenditure allocation in sub-Saharan Africa after the launch of the HIPC initiative

Quattri, Maria; Fosu, Kwasi - 2012

In the wake of the current financial and economic crises, the economies of sub-Saharan Africa find themselves squeezed between likely reductions in official development assistance and the pressing challenge to eradicate poverty. Public expenditure allocation to the social sector and to public...

Persistent link: https://www.econbiz.de/10009530929

Foreign aid and mobilization of growth factors in sub-Saharan Africa

Mallaye, Douzounet; Urbain, Yogo Thierry - 2013

This study addresses the macroeconomic effect of foreign aid on the factors of growth. Specifically, we examine the effects of foreign aid on capital investment (human capital, physical capital) in sub-Saharan Africa. Our methodological approach evaluates the effect of disaggregate aid (aid for...

Persistent link: https://www.econbiz.de/10010191184

Sectoral Energy- and Labour-Productivity Convergence

Mulder, Peter; de Groot, Henri L.F. - 2004

This paper provides an empirical analysis of energy- and labour-productivity convergence at a detailed sectoral level … for 14 OECD countries, covering the period 1970-1997. A fã-convergence analysis shows that the development of cross …-country variation in productivity performance depends on the level of aggregation. Both patterns of convergence as well as divergence …

Persistent link: https://www.econbiz.de/10010325188

International Comparisons of Sectoral Energy- and Labour-Productivity Performance: Stylised Facts and Decomposition of Trends

Mulder, Peter; de Groot, Henri L.F. - 2004

This paper addresses the interplay between economic growth, energy use, change in sectoral composition and technological change, by exploring trends in energy- and labour productivity development for 14 OECD countries and four sectors over the period 1970-1997. A cross-country decomposition...

Persistent link: https://www.econbiz.de/10010325213

Decoupling Economic Growth and Energy Use. An Empirical Cross-Country Analysis for 10 Manufacturing Sectors

Mulder, Peter; de Groot, Henri L.F. - 2004

This paper provides an empirical analysis of decoupling economic growth and energy use and its various determinants by exploring trends in energy- and labour productivity across 10 manufacturing sectors and 14 OECD countries for the period 1970-1997. We explicitly aim to trace back aggregate...

Persistent link: https://www.econbiz.de/10010325244

Global Aging and Economic Convergence: A Real Option or Still a Case of Science Fiction?

van Dalen, Hendrik P. - 2007

How does global aging affect the convergence in global economic development? Both the developing and developed world …

Persistent link: https://www.econbiz.de/10010325303

Structural Change and Convergence of Energy Intensity across OECD Countries, 1970-2005

Mulder, Peter; de Groot, Henri L.F. - 2012

aggregate energy intensity dynamics. A convergence analysis reveals that only after 1995 cross-country variation in aggregate … convergence in Services. Moreover, we find evidence for the hypothesis that across sectors lagging countries are catching-up with … leading countries, with rates of convergence on average being higher in Services than in Manufacturing. Aggregate convergence …

Persistent link: https://www.econbiz.de/10010326376

Economic Growth and the Volatility of Foreign Aid

Chervin, Michal; van Wijnbergen, Sweder - 2010

Foreign aid’s effectiveness in promoting economic growth remains mired in controversy.We examine the impact of the volatility of aid on economic growth, controlling for the level of aid. A four-year panel analysis is conducted encompassing 155 countries over the period 1966-2001. We find that...

Persistent link: https://www.econbiz.de/10010325781

Aid, growth and private capital flows to Ghana

Osei, Robert Darko - 2012

This study provides an analysis of the aid-private capital flows-growth nexus for Ghana. It is premised on the argument that Ghana's new status as a middle income country plus the start of oil production is bound to result in a reduction in ODA inflows in the long term. However in the short to...

Persistent link: https://www.econbiz.de/10009501870

How aid supply responds to economic crises : a panel VAR approach

Gravier-Rymaszewska, Joanna - 2012

The strong interdependence between the developed and developing worlds surfaced with the recent economic downturn. Due to the global character of the economy, the downturn affected not only the North but also the South. In addition, the Official Development Assistance (ODA) is subject to a...

Persistent link: https://www.econbiz.de/10009505495