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Does conflict disrupt growth? : evidence of the relationship between political instability and national economic performance
Polachek, Solomon W.; Sevastianova, Daria - 2010
variables. This study draws on conflict variables from the Correlates of War (COW) project to ask a critical question: How do … different types of conflict affect country growth rates? It finds that wars slow the economy. Estimates indicate that civil war …-democracies, low income countries, and countries in Africa. -- Economic growth ; war ; conflict …
Persistent link: https://www.econbiz.de/10003940441
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Does Conflict Disrupt Growth? Evidence of the Relationship between Political Instability and National Economic Performance
Polachek, Solomon W. - 2010
variables. This study draws on conflict variables from the Correlates of War (COW) project to ask a critical question: How do … different types of conflict affect country growth rates? It finds that wars slow the economy. Estimates indicate that civil war … reduces annual growth by .01 to .13 percentage points, and high-intensity interstate conflict reduces annual growth by .18 to …
Persistent link: https://www.econbiz.de/10013147555
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Comovement and catch-up in productivity across sectors : evidence from the OECD
Cornwell, Christopher Mark; Wächter, Jens-Uwe - 1999
A method for analyzing productivity convergence based on frontier production functions is proposed. It is examined whether departures from the frontier - country-level inefficiencies - exhibit long-run relationships and convergence. The method is applied to 1-digit industries of 14 OECD...
Persistent link: https://www.econbiz.de/10010466017
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Trajectories to high income : comparing the growth dynamics in China, Korea, and Japan with cointegrated VAR models
Murach, Michael; Wagner, Helmut; Kim, Jungsuk; Park, … - 2020
We analyze and compare the patterns of economic growth and development in China, Korea, and Japan in the post-war …
Persistent link: https://www.econbiz.de/10012206280
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Productivity convergence and economic growth : a frontier production function approach
Cornwell, Christopher Mark; Wächter, Jens-Uwe - 1999
The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address this imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We examine whether departures from the frontier are...
Persistent link: https://www.econbiz.de/10010466016
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The economic welfare cost of conflict : an empirical assessment
Hess, Gregory D. - 2003
War, whether external or internal, large or small, is a costly endeavor. Loss of life, loss of close friends or family …, and the destruction of material possessions all play a part in the costs of war. The purpose of this paper is to capture … only the material, economic welfare costs of conflict stemming from the altered path of consumption resulting from conflict …
Persistent link: https://www.econbiz.de/10011514153
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Trade openness and economic growth in the GCC countries : a panel data analysis approach
Altaee, Hatem Hatef Abdulkadim; Jafari, Mohamed Khaled Al - In: International journal of business and economic sciences … 11 (2018) 3, pp. 57-64
Purpose: The purpose of this study is to re-examine the relationship between trade openness and economic growth in the Gulf Cooperation Council countries (GCC), with emphasis on both the role of exports and imports in economic growth in a multivariate framework including gross fixed capital...
Persistent link: https://www.econbiz.de/10012023558
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An Empirical Test of a New Theory of Economic Growth - the Relationship between External Debt and Economic Development
Currie, Carolyn V. - 2005
Analyses of the nature of debt relying on the theory of rational expectations conclude that the burden of public debt need not fall on future generations if the present generation anticipates the higher taxes needed in the future for debt servicing. However, there have been many instances where...
Persistent link: https://www.econbiz.de/10014061673
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Chapter 8 Growth Econometrics
Durlauf, Steven N.; Johnson, Paul A.; Temple, Jonathan R.W. - 2005
This paper provides a survey and synthesis of econometric tools that have been employed to study economic growth. While these tools range across a variety of statistical methods, they are united in the common goals of first, identifying interesting contemporaneous patterns in growth data and...
Persistent link: https://www.econbiz.de/10014023779
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Growth and structural changes in transition countries : the chicken or the egg?
Olczyk, Magdalena; Kordalska, Aleksandra - 2018
The theoretical analysis of structural changes in the context of economic growth has a long tradition. However, studies which analyze the empirical relationship between these two economic categories are still very rare. In the literature, whether growth causes structural changes or the other way...
Persistent link: https://www.econbiz.de/10011844751