This study examines whether knowledge causes economic growth in Africa's two leading economies: Nigeria and South … for Nigeria. In the short run, it is observed that knowledge unidirectionally Granger causes growth for Nigeria, whereas … bidirectional causality is observed for South Africa. The higher correlation between knowledge and growth in South Africa reflects …

The paper extends Breggren et al. (2008, EE) on "trust and growth: a shaky relationship" by incorporating recent … developments in the trust-growth literature and using a robust methodological underpinning that accounts for the presence of … documented positive trust-growth nexus is broadly confirmed. Second, when initial levels of growth come into play in determining …

This study articulates the interaction between institutional governance, education and economic growth. Given the … analyze the main mechanisms by which the macroeconomic impact of education on growth (and economic development) occurs. Our … growth. The first channel highlights direct positive effect of educational quality on the incentive to accumulate human …

terrorism on economic growth, using a panel of 78 developing nations with data for the period 1984-2008. The empirical evidence … growth, its interaction with foreign aid decreases (increases) economic growth. (ii) Comparing thresholds of the modifying … (bilateral) aid are needed to reverse the negative effect of total (unclear) terrorism on growth, than the quantity needed to …

(Mexico, Indonesia, Nigeria & Turkey) countries, by assessing growth determinants throughout the conditional distributions of … the growth rate and real GDP output for the period 2001-2011. An instrumenal variable (IV) quantile regression approach is … complemented with Two-Stage-Least Squares and IV Least Absolute Deviations. We find that the highest rates of growth of real GDP …