China and Brazil are two countries with continental dimensions, with differences in availability of natural resources, population sizes, and which have adopted different strategies of economic growth in the past. China has been following consistently a strategy of Export Led Growth (ELG), while...

This paper examines the nature and direction of the relationship between education expenditure as a proxy for human capital and economic growth in the six GCC economies using time-series data for the period 1977-2004. The analysis employs a Granger-causality test within an error-correction...

En este trabajo se calculan los efectos que las inversiones previstas de Red Eléctrica de España en la red de transporte de la electricidad ejercerán en la producción y el empleo españoles. Para el corto plazo se estima el convencional modelo de demanda de Leontief a partir de la última...

Whereas the knowledge spillover theory of entrepreneurship focuses on the diffusion of innovative output and knowledge filter among new firms and industries (Acts, et al., 2005; Audrescht, 2007), it has not been studied the phenomenon of entrepreneurship dissemination or entrepreneurship spillover...

The Entrepreneurship Spillover evaluates the systemic effect of creating enterprises in different sectors and industries from a new firm created in a given sector. One way to estimate these Entrepreneurship Spillovers is doing an adaptation of the methodology applied by Dietzenbacher, (2002);...

This article argues that a developed productive structure is characterized by its complexity in inter - industrial relationships, which can be measured by the size of connections between sectors as well as by the economic distance that separates them. To evaluate this, the notion of "average...

This paper investigates the relationship between external indebtedness and economic growth, with a particular attention to LICs, for which the theoretical arguments of debt overhang and liquidity constraint have to be reconsidered. The estimation of a growth model, with a panel of 121 developing...

This paper investigates the relationship between external indebtedness and economic growth, with a particular attention to LICs, for which the theoretical arguments of debt overhang and liquidity constraint have to be reconsidered. The estimation of a growth model, with a panel of 121 developing...

Acknowledging the fact that the growth experience of countries is seldom well described by the average growth rate, this paper aims at identifying countries that are similar in terms of their growth process, thus emphasizing the dynamics of growth rates. To that end, the growth experience of...

Nach dem Zusammenbruch der sozialistischen Systeme vollzogen die betroffenen Ländern Mittel- und Osteuropas in unterschiedlichem Tempo und sequencing den Weg zu Demokratie und einer marktwirtschaftlichen Wirtschaftsordnung. Die polit-ökonomischen Probleme bei der Durchsetzung der umfassenden...