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The relationship between housing investment and economic growth in China: A panel analysis using quarterly provincial data
Chen, Jie; Zhu, Aiyong - 2008
China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric … techniques for panel unit root testing and heterogeneous panel cointegration analysis are employed. The empirical results provide …. The variations across regions are detected and reasons for this fact are discussed. Based on the panel ECM, we show that …
Persistent link: https://www.econbiz.de/10010321479
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Macroeconomic determinants of exit from aid-dependence
Hailu, Degol; Shiferaw, Admasu - 2012
maintaining moderate inflation, the rate of investment; aggressive effort at domestic resource mobilisation; and structural change …
Persistent link: https://www.econbiz.de/10010293266
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India's Macroeconomic Performance and Policies since 2000
Acharya, Shankar - 2008
macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and …
Persistent link: https://www.econbiz.de/10011807631
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Does Free Trade Really Reduce Growth? Further Testing Using the Economic Freedom Index
Berggren, Niclas; Jordahl, Henrik - 2003
While studies of the relationship between economic freedom and economic growth have shown it to be positive, significant and robust, it has rightly been argued that different areas of economic freedom may have quite different effects on growth. Along that line, Carlsson and Lundström (2002)...
Persistent link: https://www.econbiz.de/10010321548
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Inter-ethnic redistribution and human investments
Azarnert, Leonid V. - 2009
This article analyzes income redistribution in the inter-ethnic context. The model shows that redistribution in favor of less prosperous ethnic minorities raises fertility among the unskilled minority recipients, lowers fertility among the contributing local skilled, slows human capital...
Persistent link: https://www.econbiz.de/10010336073
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Are crises good for long-term growth? The role of political institutions
Cavallo, Alberto F.; Cavallo, Eduardo A. - 2008
This paper provides empirical evidence for the importance of institutions in determining the outcome of crises on long-term growth. Once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions affect growth through their interaction with...
Persistent link: https://www.econbiz.de/10010278293
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Words, deeds, and outcomes: A survey on the growth effects of exchange rate regimes
Harms, Philipp; Kretschmann, Marco - 2007
Recent studies on the growth effects of exchange rate regimes offer a wide range of different, sometimes contradictory results. In this paper, we systematically compare three prominent contributions in this field. Using a common data set, a common specification, and common estimation methods, we...
Persistent link: https://www.econbiz.de/10011430062
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Early starts, reversals and catchup in the process of economic development
Chanda, Areendam; Putterman, Louis - 2004
Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...
Persistent link: https://www.econbiz.de/10010318983
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The resource curse and its potential reversal
Boschini, Anne; Pettersson, Jan; Roine, Jesper - 2012
Several recent papers suggest that the negative association between natural resource intensity and economic growth can be reversed if institutional quality is high enough. We try to understand this result in more detail by decomposing the resource measure, using alternative measures of both...
Persistent link: https://www.econbiz.de/10010321368
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Post-1500 population flows and the long run determinants of economic growth and inequality
Putterman, Louis; Weil, David N. - 2008
GDP per capita and within-country income inequality in the world today. Indicators of early development such as early …
Persistent link: https://www.econbiz.de/10010284078