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Catching Up : Developing Countries in Pursuit of Growth
Popov, Vladimir - 2015
same level of development, but from the 1500s Western countries started to grow faster than the rest of the world and PPP … GDP per capita by 1950 in the US, the richest Western nation, was nearly 5 times higher than the world average. Since 1950 …. After nearly half of millennium of growing economic divergence, the world seems to have entered the era of convergence. The …
Persistent link: https://www.econbiz.de/10014134071
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The relationship between aid and economic growth of developing countries : does institutional quality and economic freedom matter?
Abate, Chala Amante - In: Cogent economics & finance 10 (2022) 1, pp. 1-20
collected from 44 developing countries of the world. System generalized method of moment was employed to examine the nature of …
Persistent link: https://www.econbiz.de/10013460262
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To what extent is the institutional environment responsible for worldwide differences in economic development
Próchniak, Mariusz - In: Contemporary economics 7 (2013) 3, pp. 17-38
differences in economic development among the countries of the world. According to the institutions-augmented Solow model, the …
Persistent link: https://www.econbiz.de/10010228513
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The nexus between economic freedom and economic growth in the LDCs : an empirical analysis for the period 2000-2021
Afonso, António; Blanco-Arana, M. Carmen - 2023
Economic freedom and economic growth can be connected in most countries, but it is often necessary to specify those aspects of economic freedom that can foster economic growth. This paper examines the nexus between economic freedom and economic growth in the Least Developed Countries (LDCs)...
Persistent link: https://www.econbiz.de/10014427512
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Culture, diffusion, and economic development
Harutyunyan, Ani; Özak, Ömer - 2016
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...
Persistent link: https://www.econbiz.de/10011528503
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Natural Disasters, Foreign Aid, and Economic Growth
Jackson, Osborne - 2014
This paper explores the impact of foreign aid on economic growth using variation in aid inflows from natural disasters. Because using a country's own disaster exposure as an instrument for aid inflows violates exogeneity assumptions, I instead use the disaster exposure of a country's "aid...
Persistent link: https://www.econbiz.de/10014153490
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Is the Relationship Between Aid and Economic Growth Nonlinear?
Kourtellos, Andros; Tan, Chih Ming; Zhang, Xiaobo - 2012
In this paper, we investigate the relationship between foreign aid and growth using recently developed sample splitting methods that allow us to uncover evidence for the existence of heterogeneity and nonlinearity simultaneously. We also implement a new methodology that allows us to deal with...
Persistent link: https://www.econbiz.de/10014055543
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Aid and growth accelerations : vulnerability matters
Guillaumont, Patrick; Wagner, Laurent - 2012
This working paper has been prepared within the UNU-WIDER project 'Foreign Aid': Research and This paper confronts three conundrums. First, does the relationship between aid and growth fade over time when aid is successful? Second, why are aid inflows neglected in the literature on growth...
Persistent link: https://www.econbiz.de/10009516705
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Specialization and Market Development as Engines of Growth
Phillips, Kerk - 2012
This paper constructs a model of growth based on Adam Smith's notions of specialization and extent of the market. We seek to explain the following stylized facts. 1) The share of household production in total output has fallen over time as the economy has grown. 2) Services as a percent of GDP...
Persistent link: https://www.econbiz.de/10013110580
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Inequality, Poverty, and Growth : Cross-Country Evidence
Iradian, Garbis - 2021
This paper examines the empirical relationship between inequality and growth, and analyzes the impacts of growth, inequality, and government spending on poverty reduction. A new panel dataset has been assembled on inequality and poverty that reduces measurement error and ensures comparability...
Persistent link: https://www.econbiz.de/10013318088