Showing 1 - 10 of 9,448
and tariffs on factor markets, we find an efficiency gain, which is unevenly distributed. Existing generations benefit …
Persistent link: https://www.econbiz.de/10003981994
The empirical relationship between trade protection and economic growth is surprisinglyfragile, as shown in a number of … between trade barriers and growth is contingent on measures ofcomparative advantage. The findings suggest that these … nonlinearities do in fact exist— in particular, the correlation between tariffs and growth is strongest and positive forcapital …
Persistent link: https://www.econbiz.de/10009302530
In medieval times, most people identified with religious values and aggregate income and productivity grew at glacier speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and unprecedented rates. The present paper develops a simple...
Persistent link: https://www.econbiz.de/10010357676
This study aims to assess to what extent the institutional environment is responsible for worldwide differences in economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The analysis covers 153 countries and the period 1994-2009....
Persistent link: https://www.econbiz.de/10010228513
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...
Persistent link: https://www.econbiz.de/10011528503
This paper offers a concise survey on the literature of growth empirics applying to DCs. It is argued that there is a number of important stylised facts of economic growth relevant to DCs which are not included in the corresponding lists of Kaldor and Romer. In contrary to the usual procedure,...
Persistent link: https://www.econbiz.de/10010485436
Developing countries, of which Ghana is no exception have actively engaged in trade openness after independence, yet … examines the impact of trade openness on economic growth of Ghana for the period 1984-2018 taken into consideration the role … quality of institutions play. The results from the autoregressive distributed lag model (ARDL) reveal that, both trade …
Persistent link: https://www.econbiz.de/10013179542
This study complements the extant literature by assessing how the rule of law and political stability modulate tourism development dynamics (i.e. tourism receipts and tourism expenditure) to affect economic development in terms of gross domestic product (GDP) per capita. The study focuses on 47...
Persistent link: https://www.econbiz.de/10013259344
This paper studies the interplay between left-handedness and economic development. To explain the decline and subsequent recovery of left-handedness observed over the last few centuries in the Western world, we propose a theory in which economic development influences the prevalence of...
Persistent link: https://www.econbiz.de/10012493880
This study examines the dynamic impact of tourism development on economic growth in subSaharan Africa (SSA) using the Generalised Method of Moments and data covering the period from 2002 to 2018. The increasingly important role of tourism and the limelight the tourism sector has been enjoying of...
Persistent link: https://www.econbiz.de/10012242066