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Applicability of Wagner's hypothesis to six East Asian countries is studied for a period of nearly a half-century during which their economic growth has often been termed as a "miracle". Despite the high rates of growth in most cases, there is little indication to support the hypothesis except...
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The purpose of this research is to provide empirical evidence about what institutions are most likely to favor development in its different stages. Firstly, we identify the three development stages that prevailed in the world between 1996 and 2011 according to the income classification of the...
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This study investigates the relationship between natural resource rents, human development and economic growth in Sudan … role in determining a difference in whether a country is cured or blessed by resource abundance. In the case of Sudan, no … Sudan. Empirical evidence from the estimated VECM shows that economic growth is positively affected by resource rents and …
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