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An important question in development studies is how abundance of natural resources affects long-term economic growth. No consensus answer, however, has yet emerged, with approximately 40% of empirical papers finding a negative effect, 40% finding no effect, and 20% finding a positive effect....
Persistent link: https://www.econbiz.de/10011432122
We analyze 1334 estimates from 67 studies that examine the effect of financial development on economic growth. Taken together, the studies imply a positive and statistically significant effect, but individual estimates vary a lot. We find that both research design and heterogeneity in the...
Persistent link: https://www.econbiz.de/10009769236
A key parameter in structural models is the Frisch elasticity of labor supply at the extensive margin, but empirical estimates vary greatly. We provide a quantitative synthesis of the literature. To this end, we collect 723 estimates from 36 studies along with 22 explanatory variables reflecting...
Persistent link: https://www.econbiz.de/10012289655
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Expatriate workers' remittances represent an important source of financing for low- and middle-income countries. No consensus, however, has yet emerged regarding the effect of remittances on economic growth. In a quantitative survey of 538 estimates reported in 95 studies, we find that...
Persistent link: https://www.econbiz.de/10012133616
Persistent link: https://www.econbiz.de/10012499849
An important question in development studies is how abundance of natural resources affects long-term economic growth. No consensus answer, however, has yet emerged, with approximately 40% of empirical papers finding a negative effect, 40% finding no effect, and 20% finding a positive effect....
Persistent link: https://www.econbiz.de/10011375693
Persistent link: https://www.econbiz.de/10009715116
Persistent link: https://www.econbiz.de/10009407541
Persistent link: https://www.econbiz.de/10010200867