Showing 1 - 10 of 227
We study the effect of public debt on economic growth for annual and 5-year average growth rates, as well as the existence of non-linearity effects of debt on growth for 14 European countries from 1970 until 2012. We also consider debt-to-GDP ratio interactions with monetary, public finance,...
Persistent link: https://www.econbiz.de/10010934503
In this study, waste olive cake (OC) was utilized as the raw material for the production of biosorbents by chemical treatment and its adsorption capacity for zinc ion was evaluated. Tests were conducted with the total biomass (T) and with the fraction 2.00 mm (P), in order to determinate the...
Persistent link: https://www.econbiz.de/10008683007
This study investigated the sensitivity of a dynamic downscaling atmospheric model system coupled with a rainfall-runoff model to hindcast an example of reservoir water management in the semi-arid region of Northeast Brazil (NEB). A regional atmospheric spectral model (RSM) is driven by the...
Persistent link: https://www.econbiz.de/10010997614
We measure the success of fiscal consolidation, with alternative definitions, based on <italic>ad-hoc</italic> quantitative approaches and on a policy-action approach. The cyclically adjusted primary balance, and the duration of the consolidation contribute for its success, and the opposite applies for...
Persistent link: https://www.econbiz.de/10010970740
In a cross section of OECD countries, we replace the macroeconomic production function by a production possibility frontier, total factor productivity being the composite effect of efficiency scores and possibility frontier changes. We consider, for the periods 1970, 1980, 1990 and 2000 one...
Persistent link: https://www.econbiz.de/10010971214
We assess the fiscal composition-growth nexus, using a large country panel, accounting for the usually encountered econometric pitfalls. Our results show that revenues have no significant impact on growth whereas expenditures have negative effects. The same is true for the OECD with the addition...
Persistent link: https://www.econbiz.de/10010971358
We use a panel of developed and emerging countries for the period 1970 to 2008 to assess the cyclicality of education, health and social security government spending. We mostly find acyclical behaviour, but evidence also points to counter-cyclicality for social security spending, particularly in...
Persistent link: https://www.econbiz.de/10010976451
We use a panel of developed and emerging countries for the period 1970 to 2008 to assess how fiscal policy volatility and financial crises affect growth. We find that economic growth is lower in the presence of more volatile fiscal policy. Moreover, with a financial crisis government spending is...
Persistent link: https://www.econbiz.de/10010976463
We use a panel of 155 countries for the period 1970 to 2010 to study the (two-way) causality between government spending, revenue and growth. Our results suggest the existence of weak evidence supporting causality from expenditures or revenues to GDP per capita and provide evidence supporting...
Persistent link: https://www.econbiz.de/10010976472
We study the relevance of fiscal rules for growth in an European Union (EU) panel. Our results show that they foster growth, while stricter fiscal rules mitigate the adverse impact on growth from big governments. Moreover, more recent EU member states have gained from the implementation of...
Persistent link: https://www.econbiz.de/10010976517