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Kaufmann, Daniel; Kraay, Aart - 2004

It is well known that there is a strong positive correlation between per capita incomes and the quality of governance across countries. Kaufmann and Kraay propose an empirical strategy that allows separation of this correlation into (1) a strong positive causal effect running from better...

Persistent link: https://www.econbiz.de/10014114375

Terms-of-Trade Changes, Real GDP, and Real Value Added in the Open Economy : Reassessing Hong Kong's Growth Performance

Kohli, Ulrich R. - 2007

Real GDP tends to underestimate the increase in real domestic value added, real GDI, and welfare when the terms of trade improve. An improvement in the terms of trade is similar to a technological progress. The national accounts treat the two phenomena very unevenly, however, with a change in...

Persistent link: https://www.econbiz.de/10012729381

Economic growth's catalyzing effect on war

Boehmer, Charles R.; Sacko, David - In: Defence and peace economics 34 (2023) 7, pp. 931-962

Persistent link: https://www.econbiz.de/10014390190

Democracy and economic growth : optimal level and transmission channels

Mo, Pak Hung - In: Frontiers of economics in China : selected publications … 10 (2015) 1, pp. 85-112

Persistent link: https://www.econbiz.de/10010518676

The relationship between economic growth and democracy : alternative representations of technological change

Heshmati, Almas; Kim, Nam-Seok - 2017

This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980-2014 show that democracy had a robust positive impact on economic …

Persistent link: https://www.econbiz.de/10011704213

The human development index as isoelastic GDP : evidence from China and Pakistan

Bechtel, Gordon G. - In: Economies : open access journal 6 (2018) 2, pp. 1-9

Gross domestic product (GDP) is shown to possess three new desiderata. First, GDP is almost perfectly correlated over time with the first principal component of its three classical indicators. Second, this principal component is in a class of weighted indexes ancillary to GDP. Each ancillary...

Persistent link: https://www.econbiz.de/10011854775