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African development : beyond income convergence
Asongu, Simplice A. - 2012
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …
Persistent link: https://www.econbiz.de/10011410273
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Reflections
Ranis, Gustav - 1997
This paper examines the causes of Taiwan's exceptional economic performance, focusing on the influence of organizational and policy choices and how Taiwan's example differs from those of more typical less-developed countries. After briefly citing cultural factors as proposed by his late...
Persistent link: https://www.econbiz.de/10011608763
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New technologies and enterprise development in Africa
Tiffin, Scott - 1992
Persistent link: https://www.econbiz.de/10014271332
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Aid, Policies and Growth: A Non-Canonical Alternative for solving This Puzzle.
Fuentes, Raúl - 2005
This paper presents a two-sector small semi-open economy Ramsey growth model involving foreign aid as an input in the production function. An activist government allocates this input endogenously across sectors and optimizes policies in a non-standard way. Once calibrated, mainly on countries...
Persistent link: https://www.econbiz.de/10010295967
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The Interrelationship between Money Supply, Prices and Government Expenditures and Economic Growth: A Causality Analysis for the Case of Cyprus
Georgantopoulos, Andreas G.; Tsamis, Anastasios D. - In: International Journal of Economic Sciences and Applied … 5 (2012) 3, pp. 115-128
This paper investigates the short run as well the long run relationships between money supply, inflation, government expenditure and economic growth by employing the Error Correction Mechanism (ECM) and Johansen co-integration test respectively for the case of Cyprus using annual data from 1980...
Persistent link: https://www.econbiz.de/10011310235
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Persistence, signal-noise pattern and heterogeneity in panel data: With an application to the impact of foreign direct investment on GDP
Biørn, Erik; Han, Xuehui - 2015
GMM estimation of autoregressive panel data equations in error-ridden variables when the noise has memory, is considered. The impact of variation in the memory length in signal and noise spread and in the degree of individual heterogeneity are discussed with respect to finite sample bias, using...
Persistent link: https://www.econbiz.de/10011335588
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The effects of adult and non-adult mortality on long-run economic development: Evidence from a heterogeneous dynamic and cross-sectionally dependent panel of countries between 1800...
Herzer, Dierk; Nagel, Korbinian; Dewenter, Ralf - 2017
This study examines the effects of adult and non-adult mortality on the long-run level of income in a heterogeneous dynamic and cross-sectionally dependent panel. Employing data for 20 countries between 1800 and 2010, it is found that (i) while non-adult mortality has no long-run effect on GDP...
Persistent link: https://www.econbiz.de/10011929836
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Development and sector labor income shares
Schäfer, Daniel - 2024
The development accounting literature assumes that sector labor income shares and output per person across countries are not correlated. In this paper, I show that the data reject this assumption for a large set of countries. The labor shares in the manufacturing and the market-services sectors...
Persistent link: https://www.econbiz.de/10014540009
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The real exchange rate and development: Theory, evidence, issues, and challenges
Demir, Firat; Razmi, Arslan - 2020
This paper surveys the theoretical and empirical literature on the effects of the real exchange rate (RER) on international trade, economic development and growth. We summarize the main conceptual issues, discuss the relevance of the RER as an instrument of development policy, provide an...
Persistent link: https://www.econbiz.de/10012388918