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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 …
Persistent link: https://www.econbiz.de/10012954323
The paper introduces a Bayesian cross-entropy forecast (BCEF) procedure to assess the variance and skewness in density forecasting. The methodology decomposes the variance and skewness of the predictive distribution accounting for the shares of selected risk factors. The method assigns...
Persistent link: https://www.econbiz.de/10012901276
labeled as "jobless growth." For the first time for Morocco, this paper uses quarterly panel data to investigate the question …
Persistent link: https://www.econbiz.de/10012973446
In the past 30 years, China has achieved phenomenal economic growth, an unprecedented development "miracle" in human … history. How did China achieve this rapid growth? What have been its key drivers? And, most important, what can be learned … from China's success? Policy makers, business people, and scholars all over the world continue to debate these topics, but …
Persistent link: https://www.econbiz.de/10012976139
, instrumenting for pollution with its upstream counterpart. The estimation reveals a significant external health burden of river …
Persistent link: https://www.econbiz.de/10012935575
The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...
Persistent link: https://www.econbiz.de/10012973243
The influence of climate on economic growth is a topic of growing interest. Few studies have investigated the potential role that climate hazards and their cumulative effects have on the growth prospects for a country. Due to the relatively stationary spatial patterns of global climate, some...
Persistent link: https://www.econbiz.de/10012976459
-level panel dataset obtained from China. The results show that economic structure, development strategy and environmental …
Persistent link: https://www.econbiz.de/10012975841
panel setting, subsamples of the data, and fully endogenous institutions …
Persistent link: https://www.econbiz.de/10012973447
This paper proposes a parametric approach to estimating a dynamic binary response panel data model that allows for … on the likelihood that households in rural China fall below the poverty line. In this application, it is shown that …
Persistent link: https://www.econbiz.de/10012976406