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significance for the growth of the OECD countries. For this purpose we estimate a version of the growth model proposed by Benhabib … and Spiegel (1994), which includes two main modifications in order to better specify the nature of international knowledge … influence on the economic growth of the OECD countries. However, they show the predominant role of the domestic human and R …
Persistent link: https://www.econbiz.de/10014593086
knowledge in the growth process. However, we need to understand the role of the entrepreneur as a missing link between knowledge … assumptions. The authors review in broad terms what we know in the space of knowledge and growth, and what we still need to know … in the microfoundations of endogenous growth models, it uses the knowledge spillover theory of entrepreneurship to …
Persistent link: https://www.econbiz.de/10014892878
Abstract In his October 2013 report, Mr Maystadt discussed the possibility of clarifying and expanding the ‘public good’ criterion in EU Accounting Framework, namely that: Any accounting standards adopted should not jeopardise financial stability, and they must not hinder the EU’s economic...
Persistent link: https://www.econbiz.de/10014584988
Zusammenfassung In einem allianztheoretischen Modell werden zur Erklärung der Verteidigungsausgaben der Mitglieder einer Allianz alternativ zwei Verhaltenshypothesen unterstellt: Cournot-Nash und Lindahl. Die Nachfrage nach äußerer Sicherheit wird am Beispiel der NATO für beide Annahmen...
Persistent link: https://www.econbiz.de/10014608635
If security and accountability are critical public goods for development, and if the countries of the bottom billion are structurally unable to supply them internally, then some form of international supply is necessary.
Persistent link: https://www.econbiz.de/10015360063
This is the account of an evaluation to ascertain the effectiveness of community-driven reconstruction programs in Liberia.
Persistent link: https://www.econbiz.de/10015360078
Evidence-based knowledge and innovation are critical for national development in Africa if the continent is to sustain … objective. Knowledge- and experience-sharing are taking place on different scales among African countries; but there is a need …
Persistent link: https://www.econbiz.de/10015360118
This paper examines the design of social investment funds (SIFs) and explores the ways they affect agents' incentives to propose, select, and implement good projects. Compared with other forms of decentralized service provision, SIFs possess features of administratively delegated authority and...
Persistent link: https://www.econbiz.de/10015361023
It is a common assertion that, in a world with perfect markets and rational expectations, endogenous cycles could only arise under very unrealistic assumptions. This paper offers a short discussion on this claim and a review of the relevant contributions to the literature on deterministic...
Persistent link: https://www.econbiz.de/10014620793
We report evidence that the relation between the financial-sector share, private saving, and growth in the United … between financial development and growth evolves in a stepwise fashion. Theoretical models in which structural financial …
Persistent link: https://www.econbiz.de/10014620852