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An agent-based model for secular stagnation in the USA: theory and empirical evidence
Borsato, Andrea - 2021
The paper extends the research started with Borsato (2020). I develop an agent-based, stock-flow consistent growth model to analyze the interplay between income distribution, innovation and productivity growth. Results still show that the mounting shrinkage of the labour share impacts negatively...
Persistent link: https://www.econbiz.de/10012497056
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An agent-based model for Secular Stagnation in the USA : theory and empirical evidence
Borsato, Andrea - In: Journal of evolutionary economics 32 (2022) 4, pp. 1345-1389
Persistent link: https://www.econbiz.de/10013441908
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Testing the stability of tourism-led growth hypothesis for Ethiopia
Haile, Minyahil Alemu; Megerssa, Girma Daba - In: UTMS Journal of Economics 11 (2020) 2, pp. 121-137
Tourism-Led Growth (TLG) hypothesis demonstrates the profound contribution of tourism industry to the growth of real income. This study examines the long-term impact of international tourism on economic growth in Ethiopia, using a series of annual data spanning from 1995 to 2018. We contribute...
Persistent link: https://www.econbiz.de/10014465825
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Public investment and growth accelerations: The case of Southern Italy, 1951-1995
Papagni, Erasmo; Lepore, Amedeo; Felice, Emanuele; … - 2018
This paper analyses the contribution of public investment to growth in southern Italy in the second half of the twentieth century (1951-1995). The period saw the only convergence in modern times of the Mezzogiorno towards the Italian average (1951-1973), followed by divergence (1974-1995). Using...
Persistent link: https://www.econbiz.de/10012157208
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Testing the stability of tourism-led growth hypothesis for Ethiopia
Haile, Minyahil Alemu; Megerssa, Girma Daba - In: UTMS journal of economics / University of Tourism and … 11 (2020) 2, pp. 121-137
Tourism-Led Growth (TLG) hypothesis demonstrates the profound contribution of tourism industry to the growth of real income. This study examines the long-term impact of international tourism on economic growth in Ethiopia, using a series of annual data spanning from 1995 to 2018. We contribute...
Persistent link: https://www.econbiz.de/10012427979
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Public investment and growth accelerations : the case of Southern Italy, 1951-1995
Papagni, Erasmo; Lepore, Amedeo; Felice, Emanuele; … - 2018
This paper analyses the contribution of public investment to growth in southern Italy in the second half of the twentieth century (1951-1995). The period saw the only convergence in modern times of the Mezzogiorno towards the Italian average (1951-1973), followed by divergence (1974-1995). Using...
Persistent link: https://www.econbiz.de/10011870263
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Determinants of Long-Run Regional Productivity : The Role of R&D, Human Capital and Public Infrastructure
Bronzini, Raffaello; Piselli, Paolo - 2007
In this paper we estimate the long-run relationship between regional total factor productivity, R&D, human capital and public infrastructure between 1980 and 2001. We take advantage of recent developments panel cointegration techniques that control for endogeneity of regressors to estimate...
Persistent link: https://www.econbiz.de/10014055457
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Human capital and economic growth: Pakistan, 1960 - 2003
Abbasa, Qaisar; Foreman-Peck, James - 2007
This paper investigates the relationship between human capital and economic growth in Pakistan with time series data … attained in Pakistan. High returns to health spending compare very favourably with industrial investment. Human capital is …
Persistent link: https://www.econbiz.de/10010322752
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Determinants of public health expenditures in Pakistan
Abbas, Faisal; Hiemenz, Ulrich - 2011
from Pakistan on economic, demographic, social, and political variables. The data spans a period from 1972- 2006 and was … Economic Co-operation and Development (OECD) countries health care qualifies as a necessity in Pakistan. Urbanization and ….32 respectively, implying that it is costly to provide health care to residents of remote rural areas of Pakistan. …
Persistent link: https://www.econbiz.de/10010323662
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Exchange rate determination in Pakistan : evidence based on purchasing power parity theory
Khan, Muhammad Arshad; Qayyum, Abdul - In: Pakistan economic and social review : incorporating the … 45 (2007) 2, pp. 181-202
Persistent link: https://www.econbiz.de/10003645575