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How many years will the average transition economy need to reach the income level of the average OECD country? The favored methodology in use to answer such questions is referred to as the BLR approach, because it uses specifications from Barro, and Levine and Renelt. The literature has so far...
Persistent link: https://www.econbiz.de/10010301209
trade within Asia while reducing trade outside. Adopting them would shift employment from energy and mining to manufacturing …
Persistent link: https://www.econbiz.de/10011432702
equitable society that provides opportunities for all. Developing Asia has trailed other parts of the world in equity …
Persistent link: https://www.econbiz.de/10011432711
in der Region und die Absorptionsfähigkeit von FDI das regionale Wirtschaftswachstum beeinflussen. Die empirische Analyse … Wechsel der Regierungspartei in der Ukraine eine negative Auswirkung auf das Wirtschaftswachstum hat, in Polen hingegen eine … positive. Es gibt eine schwache Evidenz, dass FDI einen Einfluss auf das Wirtschaftswachstum in der Ukraine haben. Der Effekt …
Persistent link: https://www.econbiz.de/10011688281
Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. helps to explain relative per capita GDP levels.The empirical work relies upon some direct measures of product variety calculated from...
Persistent link: https://www.econbiz.de/10012148453
We show that a simple and intuitive three-parameter equation fits remarkably well the evolution of the gross domestic product (GDP) in current and constant dollars of many countries during the times of recession and recovery. We then argue that it can be used to detect shocks and discuss its...
Persistent link: https://www.econbiz.de/10010298587
Asia has run since the 1997–1998 Asian crisis. A country's current account surplus is, by definition, equal to its net …
Persistent link: https://www.econbiz.de/10010507271
We compare and contrast the economic growth performance of Estonia and Georgia since the collapse of the Soviet Union in 1991 in an attempt to understand better the extent to which the growth differential between the two countries can be traced to increased efficiency in the use of capital and...
Persistent link: https://www.econbiz.de/10010264255
This paper reviews the main features of the banking and financial sector in ten new EU members, and then examines the relationship between financial development and economic growth in these countries by estimating a dynamic panel model over the period 1994-2007. The evidence suggests that the...
Persistent link: https://www.econbiz.de/10010271094
We compare and contrast the economic growth performance of Croatia and Latvia since the collapse of communism in 1991 in an attempt to understand better the extent to which the growth differential between the two countries can be traced to increased efficiency in the use of capital and other...
Persistent link: https://www.econbiz.de/10010274848