Showing 1 - 10 of 16
Purpose – This paper seeks to explore the factors behind the slow growth of economies with abundant oil and gas resources, despite the opportunities these resources potentially represent. Design/methodology/approach – The building blocks of standard economic growth models and the implication...
Persistent link: https://www.econbiz.de/10005081170
Persistent link: https://www.econbiz.de/10004998729
This 2009 Article IV Consultation highlights that reforms initiated earlier this decade in Nigeria have averted the boom–bust pattern that characterized previous oil price cycles and better prepared the economy to deal with the global financial crisis. Non-oil growth averaged 9 percent...
Persistent link: https://www.econbiz.de/10011243651
Purpose – The demand for oil in agricultural production increases continuously with the world oil price soaring, reflecting a rigid growth characteristic, but there are no clear reasons for this. The purpose of this paper is to assess the essential reasons of this issue in theoretical and...
Persistent link: https://www.econbiz.de/10004995242
Recent studies of European countries indicate that the contribution of the ICT sectors to the regional economy is weakening and slowing economic growth. The present study investigates the contribution of the ICT sectors to economic performance in the European economies using Input–Output (IO)...
Persistent link: https://www.econbiz.de/10010943070
educational improvements are expected to play as a driver of future income convergence in Europe. We concentrate on income … convergence dynamics between emerging economies in Central and Eastern Europe and Western European countries during the next 50 … exercise shows that the returns to investing in education in terms of income convergence in Europe could be sizeable, although …
Persistent link: https://www.econbiz.de/10010556955
Purpose – The aim of this paper is to investigate the impact of exogenous shocks of remittances on consumption, investment, imports and output in five Mediterranean countries. Design/methodology/approach – This paper builds a Keynesian type econometric model with a dynamic perspective and a...
Persistent link: https://www.econbiz.de/10004964078
This paper investigates the potential impact of increased business R&D efforts in Europe on the total factor … productivity gap between European and U.S. industry. The paper addresses Europe’s ambition, expressed at the 2000 Lisbon Summit to … become “the most competitive and dynamic knowledge-based economy in the world”, and the 3% R&D intensity target for Europe …
Persistent link: https://www.econbiz.de/10005839251
The paper discusses different attempts to measure economic growth in Europe before the Industrial Revolution. It is …
Persistent link: https://www.econbiz.de/10008543337
age”. GDP growth was quite rapid (2.15% per annum) and diffused all over Europe. Even discounting the high rates of …. Within Europe, convergence was limited, and it only was in motion after 1900. What happened was more the end of the era of …
Persistent link: https://www.econbiz.de/10008527350