This paper reviews the critical theoretical and policy issues relating to growth, economic development and structural … which give rise to their economic sub-optimality. The theoretical and empirical relationship between size and growth is … discussion derives several insights from endogenous growth theory and highlights the critical role of available endogenous policy …

This paper analyses the extent and impact of structural changes on aggregate economic growth that occurred in European … evaluate the impact of broader sectoral shifts on GDP growth, focusing on the period 1995-2011. A decomposition of aggregate … GDP/GVA growth using the shift and share analysis shows a distinct North-South pattern of growth and restructuring while …

explain growth and convergence (or divergence respectively) are of different importance for the sectors concerned. While … models of the New Growth Theory seemed to be useful to explain growth mechanisms within Manufacturing and Communication …

structural change in industrial import patterns is in principleambiguous. A standard empirical growth model is augmented by … activitiesimpact differently on economic growth is tested on a sample of 45 countries (OECD members andselected Asian and Latin … estimation pointtowards a positive long-run growth effect arising from trade specialization in medium …

cross-sectional regressions of manufacturing industries' growth rates covering 17 years. Net portfolio debt inflows are … negatively associated with growth during the mid 1990s. The magnitudes of the negative effect of surges in portfolio debt inflows … on growth are substantial in the late 1990s for a number of countries. The effect of debt inflows on growth in the 2000s …

Foreign direct investments (FDI) are an important determinant of economic growth. Coun-tries try to attract mobile …

We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between … contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …

option? To answer this question, we have compared the relative growth performance of 14 "tourism countries" within a sample … other words, the positive performance of the tourism countries is not significantly accounted for by the traditional growth …Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good …

effects of its own investment, while treating other countries' investments as given. Average world growth is endogenous, as is …