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 …

estimation of a panel-data vector autoregressive model over 1975-2011. Growth fluctuations, initially associated with demand … but relatively more important in the core. Changes in competitiveness are positively associated with changes in growth …

a panel of countries from 1996 to 2010 indicates that a high degree of resource dependence, measured as the share of …

stability, and conflict risk; and third, to assess how prospective political transitions have implications for the World Bank …

weak exogeneity in panel cointegration models. The test has a limiting Gumbel distribution that is obtained by first … letting the time dimension of the panel go to infinity and then letting its cross-sectional dimension go to infinity.The paper …

This paper investigates the interaction between corruption and governance at the sector level. A simple model … illustrates how both an increase in regulatory autonomy and privatization may influence the effect of corruption. The interaction … is analyzed empirically using a fixed-effects estimator on a panel of 153 electricity distribution firms across 18 …

Using growth regressions with panel data, this study identifies the determinants of economic growth, highlighting in … drivers of growth in Nigeria, and to predict growth rates of gross domestic product per capita for the country under different … scenarios. This study finds that a growth-enhancing effect of natural resources is tied to a sound institutional environment and …

Ghana's economic growth picked up in the early 2000s and has been exceptionally strong over the past few years, with … paper examines recent econometric evidence on Ghana's long-term growth and evaluates its sustainability. The empirical … evidence surveyed finds that Ghana's main growth drivers were investment, oil, and mineral rents, while government consumption …

This paper employs a simple cross-country panel framework to assess the determinants of growth in Ghana's gross … domestic product over the past four decades. A set of standard covariates is used to explain growth rates. Natural resource … Ghana. Using the preferred specification, Ghana's growth potential is predicted for the upcoming decades under different …