Showing 1 - 10 of 1,099
This paper reviews the literature on the impact of ethnic diversity on economic development. Ethnically polarized societies are less likely to agree on the provision of public goods and more likely to engage in rent seeking activities providing lower levels of social capital. Initial conditions...
Persistent link: https://www.econbiz.de/10010282727
initiation of growth processes in urban regions and even in some rural ones. This makes cluster policy an interesting tool for …
Persistent link: https://www.econbiz.de/10010858050
regulations on labour markets will have significant impacts on economic growth, especially through effects on employment and … economic growth in Africa. In particular, this study examines the impact of labour market flexibility (regulations) on economic … growth (real GDP per capita growth) relying on the Driscoll-Kraay fixed-effects estimator and the two-step system generalized …
Persistent link: https://www.econbiz.de/10014516241
The SADC is attempting to achieve development and economic growth. This paper investigates the relationship between … economic freedom – in aggregate and on an individual component basis – on economic growth in the SADC. The annual data for … per capita are positively related and freedom Granger-causes growth. All five individual components are highly significant …
Persistent link: https://www.econbiz.de/10011133829
This paper empirically examines the causality between crime rates and economic growth using state level data in India … crime and economic growth. Higher crimes may reduce level of per capita income and its growth rate. Controlling intentional … annual growth in per capita income could have been higher by 1.57 and 1.2 percentage points, respectively. The average annual …
Persistent link: https://www.econbiz.de/10011107958
The perception of special interest groups as a serious threat to economic growth has strengthened over the years … implicit suggestion by some of the theoretical works that the extent and the intensity of the growth effects of special …-shaped long-run effects on growth, and that it takes time (about 8 years) for the full effects to become evident. The results …
Persistent link: https://www.econbiz.de/10011113870
empirical relationship between corruption and economic growth. Empirical literature has shown a linear relationship between … corruption and economic growth but hasn’t dif ferentiated between growthenhancing and growth-reducing levels of corruption. An … analysis based on the generalized method of moments estimation shows that a decrease in corruption raises the economic growth …
Persistent link: https://www.econbiz.de/10011082559
Tourism is one of the major determinants of global economic growth, creating jobs within the sector, and Africa is no … tourism, economic growth, and carbon emissions in 47 Sub-Saharan African countries from 2005 to 2020. While economic growth …
Persistent link: https://www.econbiz.de/10015047578
-term growth. Once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions … affect growth through their interaction with crises. The results suggest that only countries with strong democracies, high … opportunities to enhance long-term output per capita and productivity growth. …
Persistent link: https://www.econbiz.de/10010278293
In this paper, we revisit the relationship between economic growth and exchange rate misalignments, especially … on growth depends on institutional quality as suggested in previous literature. First, we separate countries into groups … according to their institutional quality using the cluster analysis. Then, we estimate the relationship between growth and …
Persistent link: https://www.econbiz.de/10012389286