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Effects of demographic change on economic growth : a panel ARDL approach for selected OECD countries
Çiftçi, Hakki; Bilgin, Cevat; Bilgin, Handan Kaynar - In: Prague economic papers : a bimonthly journal of … 32 (2023) 6, pp. 589-607
panel ARDL estimation method. The findings derived from the estimated models point out that the old-age dependency ratio and …
Persistent link: https://www.econbiz.de/10014516260
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Chapter 9. Assessing International Efficiency
Heathcote, Jonathan; Perri, Fabrizio - In: Handbook of international economics : Volume 4, (pp. 523-584). 2014
This chapter is structured in three parts. The first part outlines the methodological steps, involving both theoretical and empirical work, for assessing whether an observed allocation of resources across countries is efficient. The second part applies the methodology to the long-run allocation...
Persistent link: https://www.econbiz.de/10014025377
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Government size, country size, openness and economic growth in selected MENA countries
Sabra, Mahmoud M. - In: International journal of business and economic sciences … 9 (2016) 1, pp. 39-45
relationships in eight selected MENA countries. Our panel data is for the period from 1977-2013 sourced from the World Development … Indicators of the World Bank. Findings - Results prove literature proposed hypotheses for the selected region and period, and … in the world economy. Research limitations/implications - Data limitation led to the inclusion of only eight countries of …
Persistent link: https://www.econbiz.de/10011493764
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Inequality Affects Long-Run Growth : Cross-Industry, Cross-Country Evidence
Gutierrez-Romero, Roxana - 2020
The theoretical literature has predicted that inequality affects long-run growth by reducing human and physical capital, particularly in the presence of imperfect credit markets and other contractual frictions. We test these four mechanisms using measures of inequality at the country-level,...
Persistent link: https://www.econbiz.de/10012835129
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Unraveling the Fortunates of the Fortunate : An Iterative Bayesian Model Averaging (IBMA) Approach
Eicher, Theo S. - 2007
inherent in growth regressions. IBMA is essential to our estimation because the simultaneous consideration of model uncertainty …
Persistent link: https://www.econbiz.de/10012777687
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Unraveling the Fortunes of the Fortunate : An Iterative Bayesian Model Averaging (IBMA) Approach
Papageorgiou, Chris; Roehn, Oliver - 2012
. IBMA is essential to our estimation because the simultaneous consideration of model uncertainty and parameter heterogeneity …
Persistent link: https://www.econbiz.de/10014051387
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Country-Specific Environmental Kuznets Curves : A Random Coefficient Approach Applied to High-Income Countries
Figueroa, Eugenio - 2015
Cross-country estimations of the Environmental Kuznets Curve (EKC) to empirically analyze the relationship between income and pollution have generally assumed a common structure for all countries. Since this latter feature is not supported by economic theory, this paper uses the Random...
Persistent link: https://www.econbiz.de/10012750305
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Revisiting the Income Elasticity of Energy Consumption : A Heterogeneous, Common Factor, Dynamic OECD & non-OECD Country Panel Analysis
Liddle, Brant; Huntington, Hillard - 2018
Estimating the relationship between economic development and energy demand and determining whether that relationship changes as levels of development change have been popular questions in energy economics. The current paper contributes to the literature by assembling a wide panel dataset of...
Persistent link: https://www.econbiz.de/10014109234
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Product variety and economic growth : empirical evidence for the OECD countries
Funke, Michael; Ruhwedel, Ralf - 2000
Utilizing panel data for 19 OECD countries we find suppor t for the hypothesis that a greater degree of product variety relative to the US helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from 6-digit OECD export...
Persistent link: https://www.econbiz.de/10009781524
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How equilibrium exchange rate misalignments influence on economic growth? : evidence for European countries
Ramos-Herrera, María del Carmen - In: Economics : the open-access, open-assessment journal 16 (2022) 1, pp. 199-211
The determination of the equilibrium real exchange rate is one of the most important issues in open economy since the policymakers are concerned about predicting and monitoring misalignments and they are usually associated with current account problems and currency crises. To the best of my...
Persistent link: https://www.econbiz.de/10013252580