paper provides estimates of investment in intangible assets and uses the growth accounting framework to analyze the Swedish …After a severe crisis in the early 1990s, the Swedish economy experienced a boom in productivity growth. According to … economists there have been primarily three explanations for the fast productivity growth in 1995-2004: Market reforms, recovery …

We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … coefficients. They are robust to model specifications and estimation methods. The evidence that investment has a long-run effect on … growth rates is consistent with the main implication of certain endogenous growth models, such as the AK model. …

appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … as intermediate consumption. Thus they do not count as either GDP or investment. We ask how treating such spending as … investment affects some key macro variables, namely, market sector gross value added (MGVA), business investment, capital and …

stagnation of investment, especially private fixed investment, was the primary culprit. I then investigate the causes of the …

role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for … the same growth performance without any increase in the rate of aggregate investment. This has important implications for …

This paper proposes a growth-oriented dual-income tax by combining an allowance for corporate equity with a broadly … demonstrates the neutrality properties of the reform with respect to investment, firm financial decisions and organizational choice …. Tax rates are chosen to prevent income shifting from labor to capital income. The reform decisively strengthens investment …

more favourable loan package; that it is associated with over-investment even when investment does not create collateral … higher growth. Our analysis accommodates costly signalling for gaining credibility and also assigns a novel role to spending …

Output growth, investment and the real interest rate in long run evidence tend to be negatively affected by inflation …. Inflation then decreases the investment rate, and still decreases both output growth and real interest up to some moderately …. Theoretically, inflation acts as a human capital tax that decreases output growth and the real interest rate, but increases the …

I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and … problem requires pioneering investment. Since this generates externalities it will be undersupplied. Donors have both the … finance and the long-term relationships that could offset the externalities and political risks that impede pioneers. However …

This paper analyses the growth effects of capital formation, exports and FDI as major drivers of economic development … different growth effects in various Eastern European countries. Generally, strong reliance on exports goes along with higher GDP …, and FDI bears substantial potential for fostering economic growth. It is shown that the recent worldwide recession clearly …