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Foreign aid, poor data, and the fragility of macroeconomic inference
Roger, Lionel - 2015
The link between foreign aid and economic growth remains a controversial issue in the literature, and a large share of the disagreement could be explained by differences in the data employed. Using GDP data from three different versions of the Penn World Table and the World Development...
Persistent link: https://www.econbiz.de/10011375893
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Technological Change in Developing Countries, Efficiency, Productivity and the Economic Theory
Mohamed, Issam A.W. - 2012
The current paper reviews the impacts and effects of technical transfer and change on the economic patterns of developing countries. It has been postulated that production factors, labor and capital have the greatest effects on economic and development patterns. However, technical change emerges...
Persistent link: https://www.econbiz.de/10013110272
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Explaining Economic Growth in Developed Economies after 1980
Ballesteros, Carlos - 2016
We use the Aguion and Howitt (2009) theoretical model of endogenous economic growth to explain the declining economic growth in developed economies in the period 1981-2009. Aguion and Howitt theoretical framework combines Solownian and Schumpeterian elements in a single scenario, so that...
Persistent link: https://www.econbiz.de/10012984814
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The Importance of Education Quality for Growth and Development
Gerba, Eddie - 2015
In this paper we present a model of optimizing behavior in a two-sector, centrally planned, economy that faces a given interest rate and that is capable of generating sustainable growth. By allowing the model economy to benefit from innovations at the technology frontier through a simple process...
Persistent link: https://www.econbiz.de/10013033448
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The impact of a People's Republic of China slowdown on commodity prices and detecting the asymmetric responses of economic activity in Asian countries to commodity price shocks
Ghoshray, Atanu; Pundit, Madhavi - 2016
The recent slowdown of the People's Republic of China (PRC) has led to question to what extent the PRC demand of commodities can have an impact on commodity prices. We take into account the fact that commodity prices are characterized by structural breaks, and to this end we make use of novel...
Persistent link: https://www.econbiz.de/10011579549
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The relationship between aid and economic growth of developing countries : does institutional quality and economic freedom matter?
Abate, Chala Amante - In: Cogent economics & finance 10 (2022) 1, pp. 1-20
Foreign aid is an important means of finance for governments of developing countries. The current study investigates whether too much inflow of aid to developing countries is beneficial or harmful to their economy and whether institutional quality and economic freedom matters in aid–growth...
Persistent link: https://www.econbiz.de/10013460262
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The slow convergence of per capita income between the developing countries : "growth resistanceʺ and sometimes "growth tragedyʺ
Dufrénot, Gilles (contributor);  … - 2009
This paper provides empirical evidence that there is no absolute convergence between the GDP per capita of the … over time and non-stationary, thereby yielding a variety of potential growth steady states (conditional convergence). Our … income diverge from the richest ones), growth resistance (with many countries experiencing a low speed of growth convergence …
Persistent link: https://www.econbiz.de/10003867820
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Testing the balanced growth hypothesis in the presence of structural breaks : evidence from developed and developing countries
Arjun; Mishra, Bibhuti Ranjan - In: Prague economic papers : a bimonthly journal of … 33 (2024) 1, pp. 1-35
The balanced growth theory and the neoclassical growth model predict that certain macroeconomic variables such as output, consumption, and investment grow at a constant rate. Analytically, it indicates that the consumption-output ratio and the investment-output ratio (termed "great ratios") must...
Persistent link: https://www.econbiz.de/10014516266
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Does convergence of incomes still exist among developed economies? : time series evidence in G7 countries
Solarin Sakiru Adebola - In: Theoretical and applied economics : GAER review 20 (2013) 12, pp. 57-66
Persistent link: https://www.econbiz.de/10010233248
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Developments of the economies, macroeconomic indicators and challenges in south-east European countries
Gradev, Grigor; Salimović, Enisa; Sergi, Bruno S. - In: SEER : journal for labour and social affairs in Eastern … 16 (2013) 3, pp. 251-277
Persistent link: https://www.econbiz.de/10010248404