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Egyptian economic growth by extending the Dirtsakis's model (Dritsakis, 2004, p. 1834) with the addition of the labor force … following: Does export expansion cause economic growth in Egypt? Does the Export-Led-Growth (ELG) hypothesis apply in Egypt …? Does expansion of natural gas exports cause economic growth in Egypt? Does the Natural-Gas-Export-Led-Growth (NGELG …
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well as government) on economic growth in ten euro-area countries during the 1980-2015 period. To this end, we make use of … three models (a baseline, an asymmetric and a threshold model) based on the empirical growth literature augmented by debt to … assess whether a debt change has an impact on growth over and above other determinants, treating the different types of …
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Yes, partly. This paper studies the potential role of structural reforms in improving Japan's outlook using the IMF's Global Integrated Monetary and Fiscal Model (GIMF) with newly-added demographic features. Implementation of a not-fully-believed path of structural reforms can significantly...
Persistent link: https://www.econbiz.de/10011978382
warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone … more in the Eurozone periphery than in the standard counterfactual scenario. These results are not dictated by any specific … Eurozone’s specificity, which is instead to be traced back to a sharper-than-expected contraction in investment and fiscal …
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affected growth of European Union countries. A growth equation augmented with fiscal variables and controlling for the period …. Empirical results show that growth of real GDP per capita in the EU was not negatively affected in the period after Maastricht … performance of other developed countries. Results even show that growth is slightly higher in the period in which the fulfilment …
Persistent link: https://www.econbiz.de/10014051512
agents. Therefore, high levels of indebtedness may hinder economic growth especially for those economies with a large debt … burden and may also amplify the volatility of GDP growth rates. This can be particularly true when we consider a currency … purpose of this paper is to investigate the relationship between economic growth and debt for the EMU countries during the …
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