Showing 1 - 10 of 512
This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 … high- and middle-income countries from 1978 to 2012. Using a panel vector autoregression approach, the study finds evidence … of a long-run Granger causality from economic growth to lower energy intensity for all countries. The study also finds …
Persistent link: https://www.econbiz.de/10012246038
infeasible or yield unstable estimates. To identify parameters that could be used in such cases, a cointegrating panel approach … calibration or Bayesian estimation, because the functional forms imposed in the panel are consistent with those used in the macro …
Persistent link: https://www.econbiz.de/10012059243
This book examines the effects of trade on growth and poverty. It addresses the following questions:1) Which are the channels through which trade openness may affect the economic activities of a given country? ; 2) What are the effects of trade openness on growth? ; and 3) What are the effects...
Persistent link: https://www.econbiz.de/10012248456
African Monetary Union and 4.3-4.5 percent in the West African Monetary Union. Homogeneous cointegration panel data analyses … threshold above which additional inflationary pressures adversely affect economic expansion. It uses cointegration methods that …
Persistent link: https://www.econbiz.de/10012388649
In this speech by A. W. Clausen, President of the World Bank and International Finance Corporation, he reconfirms the Bank's commitment to do all that it can to help the middle-income member countries with severe debt problems to regain sustained, noninflationary economic growth with social...
Persistent link: https://www.econbiz.de/10012248591
This paper discusses the evolution of the Egyptian banking sector and the main trends in financial development in the Arab Republic of Egypt. The paper examines empirically the relationship between the development of the financial sector and economic growth in Egypt between 1980 and 2016. It...
Persistent link: https://www.econbiz.de/10012114416
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical
Persistent link: https://www.econbiz.de/10012246538
The Russian Federation offers the unique example of a leading centrally planned economy swiftly transforming itself into a market-oriented economy. This paper offers a comprehensive study of inequality and mobility patterns for Russia, using multiple rounds of the Russian Longitudinal Monitoring...
Persistent link: https://www.econbiz.de/10012002184
This paper estimates a panel model in which the relationship between inequality and gross domestic product per capita …
Persistent link: https://www.econbiz.de/10011875155
A recovery in the oil sector boosted recent economic performance. While the recovery in global oil prices would have a welcoming effect for Kazakhstan in terms of enhancing the economy's buffers and supporting growth, it may also reduce the perceived urgency for transitioning to the new growth...
Persistent link: https://www.econbiz.de/10012645341