In endogenous growth theory models have either increasing or constant ranges of product variety. Developments in modem … growth model allowing for all of these three cases in one model. Quality weights that are exponential in the index of goods …

We provide a growth model with imported resources and foreign debt accumulation providing the basis for two questions … and regression equations. 1) Under what conditions do growth rates of per capita income remain positive if imported inputs … following results. Oil price growth rates have only a marginal impact on those of GDP per capita as long as they exceed …

The sign of worker remittances in growth regressions is heavily disputed in the literature. Comparing two growth …

Remittances may have an impact on economic growth through channels to physical and human capital. We estimate two … per capita when compared to the counterfactual of having no remittances. Their ratio of the steady-state growth rates with …

We derive the central differential equation of the neoclassical growth model for the case of a CES (constant elasticity …-run deviations from this long-run path, which are characterized by non-sustainable explosive debt growth. These phases are …/3 without), a growth rate of labour-augmenting technical change of 1.65% (1.5%) and a corresponding initial level of labour …

We show empirically that aid given to poor developing countries enhances growth and reduces emigration once several … flows as a share of the labour force and GDP per capita growth and also for all their regressors including remittances and … immigration, savings, public expenditure on education and growth, but reduce tax revenues, all as a share of GDP. Net immigration …

The impact of migration and worker remittances on literacy, accumulation of capital and growth is analyzed for a panel … force growth, development aid and GDP per capita growth, using dynamic panel data methods. The estimated equations are then … that emigration lowers savings and labour force growth. The total effect of net migration on GDP per capita is to increase …

countries reduce taxation and public expenditure on education as a share of GDP. This may slow down growth of human capital, one … of the major growth factors. In poor countries they raise more tax revenues and spend more money on education, which is … likely to support growth. Strong non-linearities, which differ by country group, make the effects of shocks dependent on the …

We are interested in the relation between Gini coefficients of education, educational variables, and growth. We specify … a system of 14 difference equations with lagged dependent variables in education variables, as well as a growth … regression, auxiliary equations for savings and investment ratios, and the growth of the labour force and estimate all of them …

The credit crisis of OECD countries has a negative impact on the growth of the world economy according to a simple … error correction model. This causes negative growth effects in poor developing countries. The reduced growth has a direct or … indirect impact on the convergence issue, aid, remittances, labour force growth, investment and savings, net foreign debt …