The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and … important source of economic growth. …

We assess the bias and the efficiency of state-of-the-art dynamic panel data estimators by means of model-based Monte … Carlo simulations. The underlying data-generating process consists of a standard theoretical growth model of income … data, the results obtained with the different panel data estimators range from 0.03% to 17%. This implies a range of the …

Rainfall is related to economic growth and generally has beneficial impacts on dry and poor areas that are mostly … and the Gulf of Thailand to the east. The present study explored the effect of rainfall on the growth of the gross … provincial product (GPP) by economic sector and subsector using provincial-level panel data from 1995 to 2015. The feasible …

depends on the underlying econometric techniques. Based on a theoretical growth model as the data generating process, we find …