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We introduce imperfect creditor protection in a multi-country version of Schumpeterian growth theory with technology … transfer. The theory predicts that the growth rate of any country with more than some critical level of financial development … will converge to the growth rate of the world technology frontier, and that all other countries will have a strictly lower …
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international differences in post-crisis GDP growth. …
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legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …
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international differences in post-crisis GDP growth. …
Persistent link: https://www.econbiz.de/10011641565
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