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This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long (since 1890) and medium (since 1980) runs. During the past century, the United States has overtaken the United Kingdom and become the leading world economy....
Persistent link: https://www.econbiz.de/10013142701
This paper examines the relation between financial development, energy consumption and economic growth in the United States (U.S) for the period 1966-2011. We use a vector error correction model (VECM) to investigate the effect of financial development and energy consumption on economic growth...
Persistent link: https://www.econbiz.de/10013048841
The relationship between venture capital and growth is examined using an endogenous growth model incorporating dynamic contracts between entrepreneurs and venture capitalists. At each stage of financing, venture capitalists evaluate the viability of startups. If viable, venture capitalists...
Persistent link: https://www.econbiz.de/10011782639
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estimation of these linkages is also shown to matter for gauging the sensitivity of remittances to economic conditions in the … home country, and hence the extent to which remittances might buffer domestic shocks as well as transmitting external ones …. -- Remittances ; Business Cycles ; Central America ; Mexico ; United States …
Persistent link: https://www.econbiz.de/10003806256
article documents the recent slowdown in workers' remittances, the money that international immigrants send to their countries … out by reporting an almost 0% growth rate of remittances for 2008. Among Latin American countries, Mexico (the largest … recipient of remittances in the region in terms of volume) seems to be the most affected with a decrease of more than US$900 …
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the volume of remittances to the Latin American region. This paper studies how a generalized amnesty - a provision in the … country of origin, we estimate substantial post-legalization drops in remittances sent home by Mexican-born migrants who … legalized through IRCA. Given the potential positive impact of remittances on investment levels, entrepreneurship rates and the …
Persistent link: https://www.econbiz.de/10013070915