of GDP growth. Compared to the previous literature on Hungary, contributions include the quantification of human capital … contributed to Hungarian growth, while the role of human capital, and employment in particular was only important at the end of …

of GDP growth. Compared to the previous literature on Hungary, contributions include the quantification of human capital … contributed to Hungarian growth, while the role of human capital, and employment in particular was only important at the end of …

growth, which is in line with the idea that economic development is driven by political development. Furthermore, only when …

, exports, and, a fortiori, GDP growth. Obviously, unemployment would increase, and. less obviously, inflation would pick up … to higher export growth, GDP and consumption) appear slowly, but after the second year their size would be apprehensible … effective VAT rate) would ameliorate the situation as higher export growth would still be the decisive factor for GDP. On the …

, exports, and, a fortiori, GDP growth. Obviously, unemployment would increase, and. less obviously, inflation would pick up … to higher export growth, GDP and consumption) appear slowly, but after the second year their size would be apprehensible … effective VAT rate) would ameliorate the situation as higher export growth would still be the decisive factor for GDP. On the …

reached in sample, beyond which (initial) debt ends up lowering (subsequent)growth. On average, significantly negative … percent of GDP or 140 percent of exports. Second, we depart from reduced form growth regressions and perform direct tests of …

In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006 …