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Migration, trade, capital and development : substitutes, complements and policies
Ranis, Gustav - 2007
element of globalization. -- Migration ; trade ; globalization …
Persistent link: https://www.econbiz.de/10003810495
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Equilibrium Growth in a Small Economy Facing an Imperfect World Capital Market
Turnovsky, Stephen J. - 1999
A growth model of a developing economy facing an upward sloping supply curve of debt is analyzed. Equilibrium is characterized by transitional dynamics in which consumption, capital, and debt converge to a common growth rate. The adjustment is through the debt-capital ratio, which drives the...
Persistent link: https://www.econbiz.de/10014073183
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Economic growth, financial development, and income inequality
Park, Donghyun; Shin, Kwanho - 2015
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011305273
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The real exchange rate and development : theory, evidence, issues, and challenges
Demir, Fırat; Razmi, Arslan - 2020
This paper surveys the theoretical and empirical literature on the effects of the real exchange rate (RER) on international trade, economic development and growth. We summarize the main conceptual issues, discuss the relevance of the RER as an instrument of development policy, provide an...
Persistent link: https://www.econbiz.de/10012249638
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Is the Relationship Between Aid and Economic Growth Nonlinear?
Kourtellos, Andros; Tan, Chih Ming; Zhang, Xiaobo - 2012
In this paper, we investigate the relationship between foreign aid and growth using recently developed sample splitting methods that allow us to uncover evidence for the existence of heterogeneity and nonlinearity simultaneously. We also implement a new methodology that allows us to deal with...
Persistent link: https://www.econbiz.de/10014055543
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Aids, Human Capital and Growth
Corrigan, Paul; Glomm, Gerhard; Mendez, Fabio - 2011
We use an overlapping generations model of human capital accumulation to study the impact of the AIDS crises on growth. In our model, the AIDS crisis lowers life expectancy and thus the incentive to save and accumulate physical capital. Moreover, the AIDS crisis lowers the returns to human...
Persistent link: https://www.econbiz.de/10014063348
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Knowledge and Development : A Cross-Section Approach
Chen, Derek H.C; Dahlman, Carl J. - 2005
authors find that the stock of human capital, the level of domestic innovation and technological adaptation, and the level of ….15 percentage point. In terms of innovation, the authors find that a 20 percent increase in the annual number of USPTO patents … to increase by 0.11 percentage point. This paper - a product of the Global Knowledge and Learning Division, World Bank …
Persistent link: https://www.econbiz.de/10014068658
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Foreign aid, poor data, and the fragility of macroeconomic inference
Roger, Lionel - 2015
the Penn World Table and the World Development Indicators, I investigate the robustness of Juselius, Møller and Tarp (2014 …
Persistent link: https://www.econbiz.de/10011375893
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Aid and growth : asymmetric effects?
Dörr, Leo - 2024 - Version: March 2024
This paper provides new empirical findings on the aid-growth relation. We find evidence for considerable asymmetry in the aid-growth relation; i.e., aid cuts have a large negative impact on economic activity, while increasing aid may be ineffective in promoting growth. Development aid thus...
Persistent link: https://www.econbiz.de/10014502327
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Aid and income : another time-series perspective
Lof, Matthijs; Mekasha, Tseday Jemaneh; Tarp, Finn - 2013
In a recent article, Nowak-Lehmann, Dreher, Herzer, Klasen, and Martínez-Zarzoso (2012) (henceforth NDHKM) conclude that foreign aid has not had a significant effect on income, based on evidence from panel data potentially covering 131 countries over the period 1960-2006. The present study...
Persistent link: https://www.econbiz.de/10009765443