structural change in industrial import patterns is in principleambiguous. A standard empirical growth model is augmented by … activitiesimpact differently on economic growth is tested on a sample of 45 countries (OECD members andselected Asian and Latin … estimation pointtowards a positive long-run growth effect arising from trade specialization in medium …

to allow financial openness to enhance growth. I identify three types of institutions that are most important for …

The aim of the paper is to examine the economic growth of 32 European countries from 2005 to 2015. This period was … characterized by a strong growth prior to 2009, when the Great Recession started, and lasted until 2012-2013 in the majority of … examined countries. The growth between 2005 and 2015 was studied with regard to six selected socio-economic factors: initial …

growth. However, studies which analyze the empirical relationship between these two economic categories are very rare. It is … still an open question in the literature whether economic growth can be used to predict future global competitiveness or the … other way round. This paper empirically tests the relationship between the GCI and the economic growth rate by using a panel …

We attempt to analyze the effects of the currency crises on the long-run growth by using a cross-sectional country data … set. After controlling for the post-crisis period, we find that the effects of the currency crises on the long-run growth …-run growth increase as the number of the currency crises increases …

This paper investigates the link between overall specialization and growth, analyzing the shape of the relationship …

This paper shows that tourism specialisation can help to explain the observed high growth rates of small countries. For … small poor economy, which does not have an own engine of growth and produces tradable tourism services. The poor country … hence more expensive than the capital good. Moreover, along the transition the growth rate of the tourism economy holds well …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … long-term growth via the accumulation of human capital. Our mechanism shows how a small initial difference in the level of …