Showing 1 - 10 of 1,883
The paper discusses the issue of estimating short- and long-run exchange rate pass-through to import prices in euro area countries and reviews some problems with the measures recently proposed in the literature. Theoretical considerations suggest a cointegrating relationship (between import unit...
Persistent link: https://www.econbiz.de/10010295304
This study presents novel empirical evidence on the optimal disaggregated public debt-growth threshold in the WAMZ over … the period 1996-2022. Determining the public debt-growth threshold in a disaggregated form is crucial for macroeconomic … capita income. Furthermore, they show that domestic debt appears to have less negative dampening effects on economic growth …
Persistent link: https://www.econbiz.de/10015045364
The paper investigates the role of real exchange rate misalignment on long-run growth for a set of ninety countries …-step System GMM panel growth models indicate that the coefficients for real exchange rate misalignment are positive for different …-run growth. The estimated coefficients are higher for developing and emerging countries. …
Persistent link: https://www.econbiz.de/10010270496
The paper investigates the role of real exchange rate misalignment on long-run growth for a set of ninety countries …-step System GMM panel growth models indicate that the coefficients for real exchange rate misalignment are positive for different …-run growth. The estimated coefficients are higher for developing and emerging countries. -- long-run economic growth ; real …
Persistent link: https://www.econbiz.de/10003969632
The paper investigates the role of real exchange rate misalignment on long-run growth for a set of ninety countries …-step System GMM panel growth models indicate that the coefficients for real exchange rate misalignment are positive for different …-run growth. The estimated coefficients are higher for developing and emerging countries …
Persistent link: https://www.econbiz.de/10013142797
While the economic theory predicts that developing countries will gain the most from technology spillovers, there have been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 Western European countries between 1990 and 2006 and...
Persistent link: https://www.econbiz.de/10010264898
growth in a small open European economy. To this end we use a dataset containing all Belgian firms active in the private … productivity growth by applying the decomposition introduced by Petrin and Levinsohn (2012). The outcome of this exercise will not … only provide us with a better understanding of the slowdown of productivity growth in Europe over the past decades, but …
Persistent link: https://www.econbiz.de/10011506777
The cross-country growth literature commonly uses aggregate economy datasets such as the Penn World Table (PWT) to … importance in the analysis of growth and development, thus strengthening the recent revival of research on structural change in …
Persistent link: https://www.econbiz.de/10009419804
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries … financial development does not have a linear positive long-run impact on economic growth in this sample. When we consider a non …-linear relationship between financial development and growth, we find an inverted U-shaped relationship between finance and growth in the …
Persistent link: https://www.econbiz.de/10010340261
Structures" (GRW) on regional economic growth. The paper extends the existing literature by several aspects. First of all, using … the popular augmented Solow model by Mankiw et al. (1992) as starting point, we develop an enhanced growth model by … emanates a negative direct impact on regional economic growth, especially in sparely populated regions as well as in non …
Persistent link: https://www.econbiz.de/10011444217