This paper investigates the relationship between structural reforms and economic growth in Turkey during the 1990-2019 period. Employing a novel database (the MONA database), it constructs structural reform indexes for the fiscal, financial, real, and trade sectors with two different approaches...

Die europäische Integration, die in den 1950er Jahren einsetzte, zielt auch darauf ab, die Wirtschaftskraft der teilnehmenden Volkswirtschaften anzugleichen. In den vergangenen sechs Dekaden zeigte sich insgesamt eine absolute und relative Erhöhung der Pro-Kopf-Einkommen der zuvor ärmeren...

Mit dem Beitritt zur Europäischen Union im Jahr 2004 wurden zehn neue Mitgliedstaaten in den europäischen Binnenmarkt integriert. Der Warenaustausch intensivierte sich bereits vor dem Beitritt deutlich, da die meisten Zölle und nicht-tarifären Handelshemmnisse schon in den 1990er Jahren...

The accumulation of the human capital stock plays a key role to explain the economic performance across regions. However, empirical evidence for this claim has been not very convincing, probably due to low quality of the data. This paper provides a robustness analysis of alternative human...

We investigate country heterogeneity in cross-country growth regressions. In contrast to the previous literature that focuses on low-income countries, this study also highlights growth determinants in high-income (OECD) countries. We introduce Iterative Bayesian Model Averaging (IBMA) to address...

We analyze four interrelated aspects of economic convergence and their linkages over the period 1999-2013, drawing on the experiences of 26 member states of the European Union, with special focus on the ten Central and East-European new members (the EU10). These aspects are (1) real economic,...

The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...

The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...