Showing 1 - 10 of 14,852
GDP and by the change in GDP per capita that can be explained mainly for the data panel considered in the analysis, by …
Persistent link: https://www.econbiz.de/10011979926
This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP … suggests a role for geography in the observed dynamics. Our results are robust to the use of different estimation procedures …
Persistent link: https://www.econbiz.de/10012581708
In Lisbon the European Council proclaimed a European growth strategy. It considers an average economic "growth rate of around 3 percent as a realistic prospect for the coming years" and assigns public finances an important role in the process of achieving this goal. This paper addresses the...
Persistent link: https://www.econbiz.de/10013319727
impact of deviations from the long-run sustainable real exchange rate equilibrium on real economic growth rate applying panel …
Persistent link: https://www.econbiz.de/10013252580
within a dynamic spatial panel framework on the level of the 402 German small scale regions before. We use a detailed dataset …
Persistent link: https://www.econbiz.de/10011444217
European countries. We do so by estimating country-panel equations for mean life satisfaction that include trend and cyclical …
Persistent link: https://www.econbiz.de/10011951423
We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence between the nowadays industrialized countries of the OECD. We show that the dispersion of incomes increased after the Industrial Revolution, peaked during the Second World War,...
Persistent link: https://www.econbiz.de/10011671956
behavioral reactivity of the financial disruptions mentioned above. The model was estimated through the panel estimated … consists in the examination of the financial risks in the European Union and in the estimation of their impact on economic …
Persistent link: https://www.econbiz.de/10012124345
-country panel VAR models. Most theoretical models state that these variables interact with one another and generate feedback … relationship among finance, growth, and inequality. We use the panel VAR models to reflect these interactive feedback dynamics. Our … estimation results suggest that the real GDP per capita decreases in response to financial deepening shock in private credit or …
Persistent link: https://www.econbiz.de/10012917898
We revisit Western Europe's record with labor-productivity convergence and tentatively extrapolate its implications for … higher rates of physical capital accumulation and greater total factor productivity (TFP) gains. These (relatively) high … with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long time. On …
Persistent link: https://www.econbiz.de/10014067497