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Climatic roots of loss aversion
Galor, Oded; Savitskiy, Viacheslav - 2018
This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of...
Persistent link: https://www.econbiz.de/10011912825
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Climatic roots of loss aversion
Galor, Oded; Savitskiy, Viacheslav - 2018
This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of...
Persistent link: https://www.econbiz.de/10011800629
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Capital Accumulation and Growth : A New Look at the Empirical Evidence
Schiantarelli, Fabio; Leblebicioglu, Asli; Bond, Steve - 2004
We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … growth rates is consistent with the main implication of certain endogenous growth models, such as the AK model. …
Persistent link: https://www.econbiz.de/10010261921
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Discretionary government consumption, private domestic demand, and crisis episodes
Agnello, Luca; Furceri, Davide; Sousa, Ricardo M. - In: Open economies review 24 (2013) 1, pp. 79-100
Persistent link: https://www.econbiz.de/10009737963
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The causal relationship between information and communication technology and foreign direct investment
Gholami, Roghieh; Lee, San-Yong Tom; Heshmati, Almas - 2003
technology (ICT) and foreign direct investment (FDI), with reference to its implications on economic growth. For the empirical … investment leads to increased inflow of FDI. ICT contributes to economic growth indirectly by attracting more foreign direct …
Persistent link: https://www.econbiz.de/10010279236
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Investment and tourism : insights from the literature
Nawaz, Muhammad A.; Hassan, Sallahuddin - In: International journal of economic perspectives : IJEP 10 (2016) 4, pp. 581-590
Persistent link: https://www.econbiz.de/10011762306
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Imposing parsimony in cross-country growth regressions
Jarociński, Marek - 2010
The number of variables related to long-run economic growth is large compared with the number of countries. Bayesian … model averaging is often used to impose parsimony in the cross-country growth regression. The underlying prior is that many …. The positive relationship between measures of trade openness and growth is much stronger than found in the literature. …
Persistent link: https://www.econbiz.de/10011605280
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Imposing parsimony in cross-country growth regressions
Jarociński, Marek - 2010
The number of variables related to long-run economic growth is large compared with the number of countries. Bayesian … model averaging is often used to impose parsimony in the cross-country growth regression. The underlying prior is that many …. The positive relationship between measures of trade openness and growth is much stronger than found in the literature …
Persistent link: https://www.econbiz.de/10008657134
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Evidence on the Contribution of Trade Reform Towards International Income Equalization
Ben-David, Dan; Bohara, Alok K. - 2001
This paper provides some historical evidence on the impact of trade reform on income disparities between the liberalizing countries. The convergence test developed here involves joint estimation of augmented Dickey-Fuller type equations using seemingly unrelated regression (SUR) techniques....
Persistent link: https://www.econbiz.de/10014085107
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Fiscal Policy and Crowding Out in Developing Asia
Hur, Seok-Kyun; Mallick, Sushanta; Park, Donghyun - 2010
Fiscal stimulus programs have contributed substantially to developing Asia’s faster and stronger than expected recovery from the global financial crisis. This may lead to political pressures for greater use of countercyclical fiscal policy in the postcrisis period. However, the countercyclical...
Persistent link: https://www.econbiz.de/10011432688