This paper investigates the determinants of the growth elasticity of poverty by using the internationally designed …, that growth is important to poverty reduction and secondly, that the coefficient "growth elasticity of poverty reduction … significantly. The tentative policy conclusion for a developing country trying to reduce poverty is, first to focus on growth but …

economic growth in OECD countries. Using new dynamic panel regression techniques, these appraisals indicate that within the … provide evidence that anticipative price effects (i. e., expectations of future growth, reflected in current stock prices) may … be driving the empirical relationship between stock market activities and economic growth in high income countries to a …

unsatisfactory growth in Europe. This paper uses the OECD data on regulation of the product and labour market to confirm the … of growth and macroeconomic policy. We first show that European policy differed from that of the US in all three areas … investment into future growth. Then we exploit performance differences between European countries to assess the relative …

, output growth, and the solvency of the social security system. By disaggregating the population into six age cohorts and … with higher productivity growth. …

Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of … productivity growth, dynamic panel estimations are applied to a standard growth model modified to include specific structural … results give empirical substance to the evolutionary emphasis on Schumpeterian development as opposed to mere aggregate growth. …

Inflexible labour markets combined with high welfare costs are often thought to be the main cause of low growth in … run growth, such as research, education and the diffusion of technology. The main result is that while economic … with productivity and tax revenues. Finally, boosting investment into future growth by encouraging research, education and …

growth of a country's per-capita income. Theoretically, the rationale for the finance-growth nexus appears to be … as a very important catalyst of economic growth. However, little insight has so far been provided by empirical research … as to which of these financial services is most critical for economic growth. Using a panel data set covering 20 OECD …