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Growth effects of fiscal policies : a comparative analysis in a multi-country context
Brons, Martijn; Groot, Henri L. F. de; Nijkamp, Peter - 1999
The potential interactions among fiscal policies, investments and economicgrowth are complex and manifold.In this paper, we will perform a systematic comparative analysis of the variouseconomic insights that arecurrently available on these complex relationships, both theoretically (by aselective...
Persistent link: https://www.econbiz.de/10011301152
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Explaining High Economic Growth in Small Tourism Countries with a Dynamic General Equilibrium Model
Álvarez-Albelo, Carmen D. - 2011
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 … exports tourism services to and imports capital goods from the rich economy. In one model tourism is a luxury good, while in …
Persistent link: https://www.econbiz.de/10013124748
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Economic Growth and Cycles : Cross-Country Models of Education, Industry and Fertility and International Comparisons
Guisan, Maria-Carmen - 2008
The aim of this article is to point out the importance of education on a sustained economic development strategy, having into account inter-sector relations and the influence of education in the growth of production per head. Three cross-country models are presented to analyze the evolution of...
Persistent link: https://www.econbiz.de/10012770814
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The Role of Education in Economic Growth
Cooray, Arusha V. - 2009
This study examines the effect of the quantity and quality of education on economic growth. Using a number of proxy variables for the quantity and quality of education in a cross section of low and medium income countries, this study finds that education quantity when measured by enrollment...
Persistent link: https://www.econbiz.de/10014200086
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Technological Diversification
Koren, Miklós; Tenreyro, Silvana - 2021
Why is GDP so much more volatile in poor countries than in rich ones? To answer this question, we propose a theory of technological diversification. Production makes use of different input varieties, which are subject to imperfectly correlated shocks. As in endogenous growth models,...
Persistent link: https://www.econbiz.de/10013318779
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Directed Technological Change & Cross-Country Income Differences : A Quantitative Analysis
Jerzmanowski, Michal - 2019
estimates also imply that after 1950 the world technology frontier expanded much faster for college-educated workers than for …
Persistent link: https://www.econbiz.de/10012869262
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Space and growth
Abreu, Maria; Groot, Henri L. F. de; Florax, Raymond J. … - 2004
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10011342567
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Transitional Dynamics Towards Sustainability : Reconsidering the Ekc Hypothesis
Bella, Giovanni - 2007
The Environmental Kuznets Curve (EKC) hypothesis is one of the most debated economic issues. Although its fashinating appeal for any policy maker, neither theoretical nor certain empirical evidence has been found to clean up all doubt. The aim of this paper is to present an economy where...
Persistent link: https://www.econbiz.de/10012731843
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Indeterminacy and the Distribution of Growth Rates
Greiner, Alfred; Krüger, Jens J. - 2012
research on the evolution of the world income distribution is expanded by an analysis of the evolution of the distribution of …
Persistent link: https://www.econbiz.de/10014122878
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The Relative Richness of the Poor? Natural Resources, Human Capital, and Economic Growth
Bravo-Ortega, Claudio; de Gregorio, Jose - 2005
Are natural resources a blessing or a curse? Bravo-Ortega and De Gregorio present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth...
Persistent link: https://www.econbiz.de/10014067584