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This paper seeks to contribute to our understanding of the relationship between economic policy and economic growth. With the use of a standard growth model, it assesses the influence of public investment and public transfers on the rate of economic growth. It does this by using data from the 20...
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European integration leads to convergence as well as divergence between the countries included in the integration … process. For example, increased technological spillovers lead to convergence of the production processes used in the EU … European member states, and also it’s attempting to analyze the empirical patterns of convergence and divergence. Our aim is to …
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