Showing 1 - 10 of 1,609
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. -- 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
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
This article presents an econometric analysis for the effects of fixed broadband penetration on the growth rate of GDP … broadband penetration on economic growth. Our methodology consists of two models, the first one is a fixed effects panel data … variable on economic growth. The possibility of an endogeneity issue due to reverse causality is addressed by considering a two …
Persistent link: https://www.econbiz.de/10011526178
step involves identifying the number and composition of clubs using a space-time panel data model for annual income growth … assess how changes in the initial endowments of variables (that explain growth) impact regional income levels over time … thresholds for example), and using cross-sectional growth regressions for estimation and interpretation purposes. …
Persistent link: https://www.econbiz.de/10011518150
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/10003656226
In the present paper it will be shown that trade unions have a positive impact on economic growth. This finding is in …
Persistent link: https://www.econbiz.de/10013136300