Showing 1 - 10 of 3,912
China's growth is characterized by massive capital accumulation, made possible by high and increasing domestic savings … investigate the general equilibrium effects on capital accumulation and growth. We show that increased savings and capital …
Persistent link: https://www.econbiz.de/10009753232
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … linking economic growth and income inequality. …
Persistent link: https://www.econbiz.de/10014384038
-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources … of economic growth in 12 developing Asian economies during 1992–2007 via a two-stage analysis. In the first stage, we … estimate total factor productivity growth (TFPG) and account for the relative importance of labor, capital, and TFPG in growth …
Persistent link: https://www.econbiz.de/10008826310
. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in …
Persistent link: https://www.econbiz.de/10010511245
Combining consensus forecasts of growth of population and real incomes during 2014-35 with household income surveys for … 2013, and we project that it will decline further to 61 in 2035, largely owing to rapid economic growth in the emerging … projected GDP growth. …
Persistent link: https://www.econbiz.de/10010514442
Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …
Persistent link: https://www.econbiz.de/10010517186
This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on GDP per capita, and second, a permanent increase in migration ows has a positive effect on productivity growth …. However, the growth impact of immigration is small even in countries that have highly selective migration policies. …
Persistent link: https://www.econbiz.de/10010533072
cross-country-growth equation shows a negative effect of income inequality on economic growth, holding fixed a familiar set …
Persistent link: https://www.econbiz.de/10011282136
descriptive statistics and some key indicators to track the progress in economic growth and in trade integration that is the main …
Persistent link: https://www.econbiz.de/10011373508
The growth prospects of a nation are stymied by the burden of government debt. This study has two goals: first, it … tests whether public debt hinders growth; and, second, it explores whether economic policy ameliorates this effect. A large … panel data of countries for 1970–2010 reveal a negative and robust effect of public debt on growth. Strong institutions …
Persistent link: https://www.econbiz.de/10011303250