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Korea's Growth Experience and Long-Term Growth Model
Jeong, Hyeok - 2017
This paper analyzes the Republic of Korea's rapid and sustained growth experience for the past six decades from the perspective of the neoclassical growth model (the workhorse model of the World Bank's Long Term Growth Model (LTGM) project). Overall, the sources of Korea's growth were balanced...
Persistent link: https://www.econbiz.de/10012245523
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Evaluating the accuracy of homeowners' self-assessed rent in metropolitan Lima
Ceriani, Lidia; Olivieri, Sergio; Ranzani, Marco - 2019
indexes. The proposed solution is often to use homeowners' estimates of the market rent they would pay for their dwelling if … they were renting it, which is usually referred to as homeowners' self-assessed rent. Lack of alternative surveys and up … homeowners' self-assessed rent using only information from household budget surveys. Using 13 years of the Peruvian household …
Persistent link: https://www.econbiz.de/10012114010
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Sharing Oil Rents and Political Violence
Cordella, Tito - 2016
This paper investigates how the devolution of oil windfalls affects the likelihood of political violence. It shows that transferring large shares of oil wealth can prevent conflict, while transferring small shares can trigger it. Among the different transfer schemes, fiscal transfers (to...
Persistent link: https://www.econbiz.de/10012245563
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Rent-seeking activities, misallocation, and innovation in Argentina
Zaourak, Gabriel - 2020
What is the efficiency cost of rent-seeking activities in Argentina? This paper quantitatively shows that rent … those that succeed at rent-seeking. Second, such activities affect the allocation of resources within firms because rent …
Persistent link: https://www.econbiz.de/10012257045
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A New Growth Model for Building a Secure Middle Class : Kazakhstan Systematic Country Diagnostic
World Bank Group - 2018
Four mutually supportive strategic pillars and related policy priorities would help Kazakhstan continue the structural transformation that stalled during the oil booms, in order to eliminate poverty and build a large and secure middle class: 1. economic management for diversification, to...
Persistent link: https://www.econbiz.de/10012645287
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Ethiopia's Growth Acceleration and How to Sustain It-insights from a Cross-Country Regression Model
Moller, Lars Christian - 2015
Persistent link: https://www.econbiz.de/10012246116
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Understanding economic growth in Ghana in comparative perspective
Geiger, Michael; Trenczek, Jan; Wacker, Konstantin - 2019
Ghana has experienced a decade of solid and exceptionally high growth. Between 2005 and 2015, income nearly doubled. This paper analyzes the factors driving this impressive growth performance, using tools such as structural change decompositions and growth regressions. For the comparative...
Persistent link: https://www.econbiz.de/10012002718
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Morocco's growth and employment prospects : public policies to avoid the middle-income trap
Pinto Moreira, Emmanuel - 2019
This paper studies Morocco's growth and employment prospects in the context of a new growth model aimed at allowing the country, in a rapidly changing international environment marked by increased competition from low-wage economies and growing automation of low-skilled jobs, to avoid falling...
Persistent link: https://www.econbiz.de/10012008118
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Assessing the effect of public capital on growth : an extension of the World Bank long-term growth model
Devadas, Sharmila; Pennings, Steven - 2018
To analyze the effect of an increase in the quantity or quality of public investment on growth, this paper extends the World Bank's Long-Term Growth Model (LTGM), by separating the total capital stock into public and private portions, with the former adjusted for its quality. The paper presents...
Persistent link: https://www.econbiz.de/10011929642
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Serbia's New Growth Agenda : Job and Training-Ready
World Bank Group - 2020
Serbia now has an exceptional policy opportunity to promote skills development and create a productive future workforce and a prosperous economy. With its population aging and the nature of work changing in a technologically transforming and globalizing economy, a highly skilled Serbian...
Persistent link: https://www.econbiz.de/10012647009