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The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and empirical literature, there is no consensus regarding the contribution of financial liberalization and financial development to growth. Focusing on the direct channels of growth, the...
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This paper presents a methodology to estimate the biomass energy potential and its associated uncertainty at a country level when quality and availability of data are limited. The current biomass energy potential in Colombia is assessed following the proposed methodology and results are compared...
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endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial … endogeneity is really present, whether it matters and whether the selected instruments make sense. Using Bayesian methods, we find … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …
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Estimating the impact of HIV/AIDS epidemic on economic growth is challenging because of endogeneity concerns. In this …
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