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Escaping the Middle-Income Trap : A Cross-Country Analysis on the Patterns of Industrial Upgrading
Wang, Lili - 2018
With rapid industrial upgrading along the global value chain of manufactured goods, China has transformed, within one generation, from an impoverished agrarian society to a middle-income nation as well as the largest manufacturing powerhouse in the world. This article identifies the pattern of...
Persistent link: https://www.econbiz.de/10013210499
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Analyzing the tourism-energy-growth nexus for the top 10 most-visited countries
Işik, Cem; Doğan, Eyüp; Ongan, Serdar - In: Economies : open access journal 5 (2017) 4, pp. 1-13
By using the Emirmahmutoglu–Kose bootstrap Granger non-causality method, this study explores the directions of causality among tourist arrivals, tourism receipts, energy consumption and economic growth for the top 10 most-visited countries (France, the USA, Spain, China, Italy, Turkey,...
Persistent link: https://www.econbiz.de/10011772435
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2008 Lawrence R. Klein lecture : comparative economic development ; insights from unified growth theory
Galor, Oded - 2009
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10003897830
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The Role of Financial Development in the Relationship Between Income Inequality and Economic Growth : An Empirical Approach Using Cross-Country Panel Data
Juuti, Toni - 2020
The study complements the existing literature on the role of credit constraints in the interplay between income inequality and economic growth. The question "what type of financial development matters for inequality-growth relationship" is answered empirically by adopting a multi-dimensional...
Persistent link: https://www.econbiz.de/10012837041
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Redistribution, inequality, and growth revisited : comment on "Redistribution, inequality, and growth: new evidence"
Jäntti, Markus; Pirttilä, Jukka; Rönkkö, Risto - 2020
An influential paper by Berg et al., 'Redistribution, inequality, and growth: new evidence', uses the SWIID data to examine the impact of inequality and redistribution on growth in both developing and developed countries. It finds that while inequality is harmful for growth, redistribution does...
Persistent link: https://www.econbiz.de/10012299793
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2008 Lawrence R. Klein Lecture - Comparative Economic Development : Insights from Unified Growth Theory
Galor, Oded - 2009
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10014199587
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Knowledge and Development : A Cross-Section Approach
Chen, Derek H.C; Dahlman, Carl J. - 2005
Chen and Dahlman assess the effects of knowledge on economic growth. By using an array of indicators, each of which represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period 1960 to 2000, they show that knowledge is a...
Persistent link: https://www.econbiz.de/10014068658
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The heterogeneous relationship between income and inequality : a panel co-integration approach
Flechtner, Svenja; Gräbner-Radkowitsch, Claudius - 2019
We study the relationship between per-capita income and income inequality with a heterogeneous panel co-integration …
Persistent link: https://www.econbiz.de/10011981849
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Is the relationship between financial development and economic growth monotonic? : evidence from a sample of middle income countries
Samargandi, Nahla; Fidrmuc, Jan; Ghosh, Sugata - 2014
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that financial development does not have a linear positive...
Persistent link: https://www.econbiz.de/10010340261
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Effects of Biomasss Energy on Economic Growth : Panel ARDL Method
Bildirici, Melike - 2013
It is investigated the cointegration and causality relationship of the biomass energy consumption and economic growth … in the transition countries by the Panel ARDL method and Pedroni cointegration analysis. Analyzed countries are gathered … under two group. For Group 1, Pedroni panel cointegration test and ARDL bound test results show that biomass energy …
Persistent link: https://www.econbiz.de/10013089490