member states and most euro countries. Since 1999, the euro countries have on average achieved more economic growth than … Germany and this increase in competitiveness can be largely attributed to wage moderation rather than productivity growth. The … to invest in order to reduce the deficit accumulated in recent years and also to ensure growth and prosperity in the long …

The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced … countries. -- savings ; economic growth ; co-integration …

health) and output in a co-integration framework, taking growth of primary gross enrolment rate and a dummy for structural … years) and openness is found to have a significant effect on growth of per capita GNP. The Generalized Impulse Response … Function confirms that the innovation in per capita GNP growth can only explain the movements of the growth of per capita GNP …

This study examines the relationship between economic growth as measured by GDP per capita and foreign direct … is a unidirectional Granger causation from foreign direct investment to economic growth. -- Granger causality ; vector … auto regression ; economic growth …

Despite having accumulated physical and human capital at significant rates, Latin America's growth has been generally … disappointing. Successful growth episodes have been accompanied by surges in TFP, sound and stable macroeconomic policies, and fewer … growth performance of countries in Latin America. We find that, once controlled for external shocks and a measure of …

; economic growth …