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A model of economic growth with saturating demand
Kunimune, Kozo - Institute of Developing Economies, Japan External Trade … - 2011
This study presents a model of economic growth based on saturating demand, where the demand for a good has a certain maximum amount. In this model, the economy grows not only by the improvement in production efficiency in each sector, but also by the migration of production factors (labor in...
Persistent link: https://www.econbiz.de/10009351443
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Aid to Africa : the changing context
Addison, Tony; Singhal, Saurabh; Tarp, Finn - 2013
To continue its economic growth and create new and better livelihoods, Africa must transform the productive side of its economy. Ongoing globalization - in trade, finance, and technology - opens up new possibilities for structural transformation, but also new risks as Africa's integration with...
Persistent link: https://www.econbiz.de/10010225330
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Long-term effects of equal sharing: evidence from inheritance rules for land
Bartels, Charlotte; Jäger, Simon; Obergruber, Natalie - 2020
What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical inheritance rules for land in Germany. In some German areas, inherited land was to be shared or divided equally among children, while in others land was ruled to be indivisible....
Persistent link: https://www.econbiz.de/10012288516
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Economic growth versus economic development
Dragoi, Doina - In: Atlantic review of economics : AROE 4 (2020) 1, pp. 1-11
The objective of this article is to approach the concepts of growth and economic development in order to highlight the essential aspects that differentiate them. These are fundamental concepts that define the economy of a nation and contribute for a better life for it. Economic growth does not...
Persistent link: https://www.econbiz.de/10012297373
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Chapter 15 National Policies and Economic Growth: A Reappraisal
Easterly, William - 2005
The new growth literature, using both endogenous growth and neoclassical models, has generated strong claims for the effect of national policies on economic growth. Empirical work on policies and growth has tended to confirm these claims. This paper casts doubt on this claim for strong effects...
Persistent link: https://www.econbiz.de/10014023772
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Institutions and FDI: Evidence from developed and developing countries
Sabir, Samina; Rafique, Anum; Abbas, Kamran - In: Financial Innovation 5 (2019) 1, pp. 1-20
This study investigates the impact of institutional quality on Foreign Direct Investment (FDI) inflows using panel data … Generalized Method of Moments (GMM). The empirical results confirm that institutional quality has a positive impact on FDI in all … stability, regulatory quality, rule of law, and voice and accountability for FDI inflows are greater in developed countries than …
Persistent link: https://www.econbiz.de/10012602805
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Institutions and FDI : evidence from developed and developing countries
Sabir, Samina; Rafique, Anum; Abbas, Kamran - In: Financial innovation : FIN 5 (2019) 8, pp. 1-20
This study investigates the impact of institutional quality on Foreign Direct Investment (FDI) inflows using panel data … Generalized Method of Moments (GMM). The empirical results confirm that institutional quality has a positive impact on FDI in all … stability, regulatory quality, rule of law, and voice and accountability for FDI inflows are greater in developed countries than …
Persistent link: https://www.econbiz.de/10011972651
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The primacy of institutions reconsidered : the effects of malaria prevalence in the empirics of development
Carstensen, Kai; Gundlach, Erich - 2005 - Revised, August 2005
Some recent empirical studies deny any direct performance effects of measures of geography and conclude that institutions trump all other potential determinants of development. For given effects of institutional quality, our empirical results indicate quantitatively important direct negative...
Persistent link: https://www.econbiz.de/10011415290
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Significance of development stage theory for explaining industrial growth pattern between Asian NICs and selected advanced economies
Nam, Chang-woon - 2002
determined by the industrial development triggered by changes in domestic demand, increases in FDI, intensive innovation efforts …
Persistent link: https://www.econbiz.de/10011409015
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"Disarticulation" as a constraint to "wage-led growth" in dual economies
Aboobaker, Adam - 2019
Much of the recent interest in the relationship between growth and distribution has focused on advanced economies and neglected issues of development and structural transformation. The purpose of this paper is to make a contribution to this gap by arguing that, even in the short-run, some of the...
Persistent link: https://www.econbiz.de/10012024613