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productivity in Pakistan. The analysis finds that a 10 percent increase in the duration of outages on average leads to a 0 …
Persistent link: https://www.econbiz.de/10012951508
This paper investigates the adverse effects of oil price volatility on economic activity and the extent to which countries can hedge against such effects by using renewable energy. By considering the Realized Volatility of oil prices, rather than following the standard approach of considering...
Persistent link: https://www.econbiz.de/10012973994
surveys on expectations and implied statistics of predictive models. The BCEF procedure is applied to produce world GDP growth …
Persistent link: https://www.econbiz.de/10012901276
. It uses a two-equation system in which the Gini index and GDP per capita are the dependent variables and the stock of … capita GDP and the Gini index; in other words, resource dependence is associated with lower income levels, but also with a … statistically significant correlation with GDP per capita. Among the lower-income group, greater dependence on nonrenewable natural …
Persistent link: https://www.econbiz.de/10012967897
distribution of economic resources. The ubiquitous measure of GDP per capita reflects a utilitarian conception of justice, where …
Persistent link: https://www.econbiz.de/10012974166
In many cases, the relationship between environmental pollution and economic development can be generally depicted by an inverted U-shaped curve, or an environmental Kuznets curve, where pollution increases with income at the beginning and decreases after a certain level of income. However, what...
Persistent link: https://www.econbiz.de/10012975841
Can increasing sophistication in service exports lead to economic growth? Although services were historically produced primarily for domestic consumption, they are gradually becoming more productive, tradable and unbundled. The authors construct an index of "service exports sophistication" to...
Persistent link: https://www.econbiz.de/10012976086
period from 1980 to 2008. The estimations establish a threshold of 77 percent public debt-to-GDP ratio. If debt is above this … pronounced in emerging markets where the threshold is 64 percent debt-to-GDP ratio. In these countries, the loss in annual real … GDP could be substantial. Importantly, the estimations control for other variables that might impact growth, such as the …
Persistent link: https://www.econbiz.de/10012976419
business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis …
Persistent link: https://www.econbiz.de/10012951517
stock is roughly constant as a share of gross domestic product (GDP) across income groups, which implies that the returns to …. Quantitatively, a permanent 1ppt GDP increase in public investment boosts growth by around 0.1-0.2ppts over the following few years …
Persistent link: https://www.econbiz.de/10012909745