gains from trade have been directed towards investment in education and growth in income per capita, whereas a significant … portion of these gains in less developed economies have been channeled towards population growth. Cross-country regressions …

theory suggests that, during the agricultural stage of development, resource surpluses beyond the maintenance of subsistence … consumption were channeled primarily into population growth. In particular, societies naturally blessed by higher land … productivity would have supported larger populations, given the level of socioeconomic development. Moreover, given land …

We estimate the impact of FDI on growth using sectoral data for FDI inflows to China and Vietnam. Previous empirical … studies, using either cross-country growth regressions or firm-level micro-econometric analysis, fail to reach a consensus …. Our paper is the first to use sectoral FDI inflow data to evaluate the sector-specific impact of FDI on growth. Our …

capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process … effective tax rate. We show how persistent differences in growth rates across countries could stem from differential public … welfare and the growth rate. With outstanding public debt, the optimal fiscal policy should keep the debt-to-GDP ratio …

This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate … to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while … last resort, the Chinese growth path would be challenged by its own success. …

This paper studies the effects of an (exogenous) increase of nominal wages on profits, output, and growth. Inspired by …

We forecast average annual GDP growth for 147 countries for 2010-30. We use a cross-country regression model where the …

Research on economic growth suggests that the era of colonization has had an impact on the levels of economic … development of countries around the globe. However, why some countries were colonized early, some late, and others not at all, and …-1500 development, (b) proximity to the colonizing powers, (c) disease environment, and (d) latitude. In the second part, we …

This paper examines the link between structural change and growth in India. It constructs indices of structural change …, and performs a time series analysis of the data. It finds that 1988 marks a break in the time series of growth and … structural change. There is one-way causality from structural change to growth in the period 1988-2007, whereas there is no …