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public expenditure and its financing via revenue and deficits, and economic growth. We review the various channels through … which public finances affect growth and its underlying determinants (institutional framework, employment, savings and … surveys the empirical findings on the impact of fiscal variables on sustained economic growth. …
Persistent link: https://www.econbiz.de/10011604484
implications in terms of (sustainable) growth strategies and the possible emergence of a new policy making paradigm. Then, it … provides a descriptive analysis of the effect on economic growth of complementarities in structural policies in the specific … generate high, sustainable post-crisis growth trajectories, as those policies must be complemented with others and evolve in a …
Persistent link: https://www.econbiz.de/10011282570
aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter …
Persistent link: https://www.econbiz.de/10010269176
governments in economic growth and low unemployment in order to win elections, there should be a link between political business …
Persistent link: https://www.econbiz.de/10010270371
unionization of parliamentary members has a negative impact on economic growth and at the same time increases inflation while …
Persistent link: https://www.econbiz.de/10010270380
examine a commonly used empirical growth model, considering aid modality as well as different measures of political and fiscal …, while the growth impact of other aid types is not generally conditional on decentralization. We therefore conclude that …
Persistent link: https://www.econbiz.de/10010270547
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between … contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …
Persistent link: https://www.econbiz.de/10011430093
This paper provides a critical analysis of the possible methods, data sources and the existing results of the field of 'the economic costs of mass violent conflict' by identifying strengths and weaknesses of the existing literature. The report evaluates content, methods, and data sources of the...
Persistent link: https://www.econbiz.de/10011438798
Cross-country growth regressions have in recent years become a major growth industry. The most common purpose of this … work has been to investigate the determinants of economic growth. But it is also possible to use the existing growth data … to determine the extent to which policy choices help or hinder growth. This paper generates estimates of the net …
Persistent link: https://www.econbiz.de/10010332290
Institutions are now widely believed to be important in explaining performance. In this paper, we analyze whether commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms. We look at three 'levels' of institutions and associated...
Persistent link: https://www.econbiz.de/10010274658