Showing 1 - 10 of 4,313
This Selected Issues paper analyzes pace of economic growth for Brazil. Moderating activity and stubbornly elevated …
Persistent link: https://www.econbiz.de/10011242465
In this paper we analyze fifty years of economic convergence for the regions of Chile, in a context of radical … political changes associated with deep economic transformations. For the analysis of convergence of GDP per capita, the sub … variable productivity. The analysis was carried out using the definitions of absolute ß convergence and s convergence, and …
Persistent link: https://www.econbiz.de/10010902334
accounting breakdown and runs Philips-Sul (2007) convergence tests over GDP per capita and its main components. These components … over the period, from the UK until WWI to the US since WWII; iv) There is an overall convergence process among advanced … countries, mainly after WWII, relying mostly on capital intensity convergence and then on TFP convergence, while evolutions in …
Persistent link: https://www.econbiz.de/10011269009
The main objective of this study is to measure the degree of convergence in European Union- 28 (EU-28) in the period …
Persistent link: https://www.econbiz.de/10010781455
This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate of the economy. Using a dynamic panel data model,...
Persistent link: https://www.econbiz.de/10005769087
Economic stagnation in Sub-Saharan Africa (SSA) has led several economists to question the region’s ability to attain sustained economic growth, some of them arguing for the need to shift away from natural resource - based exports. Yet, we find that low growth has not been common to all...
Persistent link: https://www.econbiz.de/10008876587
This Selected Issues paper analyzes Jamaica’s experience of low growth despite consistently high investment rates. It suggests that the link between public debt and productivity is part of the answer to the puzzle. The paper considers Jamaica’s debt management strategy and its...
Persistent link: https://www.econbiz.de/10011244350
This Selected Issues paper aims at discussing the impact of the oil windfall on Chad, with a focus on growth, poverty, competitiveness, and fiscal policy challenges posed by the oil revenue outlook. The paper discusses the reforms needed to remove structural factors that constraints the non-oil...
Persistent link: https://www.econbiz.de/10011245496
The loss of trade preferences in textiles in 2005, the reform to the European Union’s sugar protocol for 2006–10, and higher international oil prices have brought about a permanent deterioration in Mauritius’s terms of trade. This 2007 Article IV Consultation highlights that...
Persistent link: https://www.econbiz.de/10011245600
This article investigates how financial development helps to reduce poverty directly through the McKinnon conduit effect and indirectly through economic growth. The results obtained with data for a sample of developing countries from 1966 through 2000 suggest that the poor benefit from the...
Persistent link: https://www.econbiz.de/10005248213