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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 …
Persistent link: https://www.econbiz.de/10010340261
financing. I construct a novel panel data set for 34 high income countries over the time period from 1995 to 2014 based on …
Persistent link: https://www.econbiz.de/10012893250
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 …
Persistent link: https://www.econbiz.de/10013054321
of an individual economy to determine the contribution of various inputs and the total factor productivity. The growth … to sharp losses in the total factor productivity growth. Furthermore, results of the econometrics study stress the …
Persistent link: https://www.econbiz.de/10014517023
decreases in economic growth. A GMM panel regression is used to analyze the effects of the average yearly heat index and …
Persistent link: https://www.econbiz.de/10011303759
and their productivity. Recent work suggests that these calculations should treat workers of different skill levels as … imperfect substitutes. However, under this approach, it has been challenging to compute skill-specific productivity levels for a … data set on labor force composition to construct measures of productivity for workers in three distinct skill categories …
Persistent link: https://www.econbiz.de/10012869262
decompositions, simulations and counter-factual analyses are performed. We find that, although total factor productivity has a … present- for different reasons. Even after correcting for productivity differences, some nations remain poor mostly because of …
Persistent link: https://www.econbiz.de/10012770617
been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 … Western European countries between 1990 and 2006 and uses the latest developments in panel unit root and cointegration testing … on domestic productivity. The domestic R&D capital stock plays an active role in Western Europe while in the Eastern part …
Persistent link: https://www.econbiz.de/10003656226
Performing a panel data analysis for OECD countries, during the period between 1990 and 2019, this article investigates …
Persistent link: https://www.econbiz.de/10013473321
productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that … world productivity growth was led by fast-growing newly emerging economies, whereas most developed countries experienced a … decrease in productivity growth. Technical efficiency change significantly contributed to economic growth for many fast …
Persistent link: https://www.econbiz.de/10008658803