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Estacionariedad, cambios estructurales y crecimiento económico en México: 1895-2008
Noriega, Antonio E.; Rodríguez-Pérez, Cid Alonso - 2011
This paper shows that the evolution of the level of Mexico real and real per capita output between 1895 and 2008 can be adequately described through a trendstationary model, affected by 4 structural breaks, which occurred at dates that seem to coincide with domestic institutional arrangements,...
Persistent link: https://www.econbiz.de/10010322550
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Structural Breaks and Finance-Driven Growth Hypothesis in ECOWAS: Further Empirical Evidence
Omisakin, Olusegun A.; Adeniyi, Oluwatosin A. - In: International Journal of Economic Sciences and Applied … 7 (2014) 3, pp. 63-80
-Hansen structural break cointegration result confirms the existence of cointegration relationships among the selected countries despite …
Persistent link: https://www.econbiz.de/10011310276
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Impact of private sector credit on economic growth in Nigeria
Olowofeso, Emmanuel O.; Adeleke, Abiola O.; Udoji, … - In: CBN Journal of Applied Statistics 06 (2015) 2, pp. 81-101
private sector credit on economic growth in Nigeria using the Gregory and Hansen (1996) cointegration test that accounted for …
Persistent link: https://www.econbiz.de/10011482619
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On Growth and the Direction of Technological Change
Lindenberger, Dietmar - 2003
Recent econometric analyses of growth in industrialized countries reveal that energy?s elasticity of production systematically exceeds its factor cost share, whereas for labor the opposite holds. The paper reviews these analyses that reflect the observed direction of technological change towards...
Persistent link: https://www.econbiz.de/10010263196
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The Evolution of the Literature on Technological Change over time: A Survey
Conte, Andrea - 2006
This paper reviews the emergence and evolution of major topics in economics of innovation. Throughout the paper, particular attention is devoted to the analysis of the cumulative aspects and complementarities between di_erent paths of research over time. Moreover, this survey highlights the...
Persistent link: https://www.econbiz.de/10010263572
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New economy in growth and development
Pohjola, Matti - 2002
The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use of information and communication technology seems to have had a substantial impact on the performance of the United States economy, the evidence for other countries is much...
Persistent link: https://www.econbiz.de/10010279209
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Testing for a break in persistence under long-range dependencies and mean shifts
Sibbertsen, Philipp; Willert, Juliane - 2009
We show that the CUSUM-squared based test for a change in persistence by Leybourne et al. (2007) is not robust against shifts in the mean. A mean shift leads to serious size distortions. Therefore, adjusted critical values are needed when it is known that the data generating process has a mean...
Persistent link: https://www.econbiz.de/10010270042
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A further step into the ELGH and TLGH for Spain and Italy
Cortés_Jiménez, Isabel; Pulina, Manuela - 2006
expansion of tourism. Cointegration techniques and the multivariate Granger causality test are applied. Results reveal that …
Persistent link: https://www.econbiz.de/10010312651
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A Dynamic Model of the Environmental Kuznets Curve : Turning Point and Public Poliy
Egli, Hannes; Steger, Thomas M. - 2005
potential explana- tion of an N-shaped pollution-income relation. Finally, it is shown that the model is compatible with most …
Persistent link: https://www.econbiz.de/10011753098
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Resurgence of Selective Industrial Policy: What Turkey Needs
Yilmaz, Gokhan - 2011
first motivation is to discuss overall industrial policy developments in Turkey since 1980s. Secondly, we aim to recommend … feasible selective industrial policies for Turkey to support structural transformation. Thirdly, we comment on new Industrial … Policy Strategy in Turkey. In that respect, our three basic research questions are, firstly, "is there still any meaningful …
Persistent link: https://www.econbiz.de/10010320449