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The nexus between economic freedom and economic growth in the LDCs : an empirical analysis for the period 2000-2021
Afonso, António; Blanco-Arana, M. Carmen - 2023
Economic freedom and economic growth can be connected in most countries, but it is often necessary to specify those … aspects of economic freedom that can foster economic growth. This paper examines the nexus between economic freedom and … general, economic freedom positively influences economic growth in the LDCs. Moreover, most economic freedom factors raise …
Persistent link: https://www.econbiz.de/10014427512
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Culture, diffusion, and economic development
Harutyunyan, Ani; Özak, Ömer - 2016
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...
Persistent link: https://www.econbiz.de/10011528503
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The role of innovation in fostering competitiveness and economic growth : evidence from developing economies
Terzić, Lejla - In: Comparative economic research : Central and Eastern Europe 20 (2017) 4, pp. 65-81
This paper deals with the essential features determining the role of innovation in developing economies by examining the structure of innovation measures. The economic growth and competitiveness of developing economies are powerfully connected to its innovation status. The purpose of this paper...
Persistent link: https://www.econbiz.de/10011877163
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Why economic growth trends differ so much across developing countries : the globalization debate and its relevance to Pakistan
Nunnenkamp, Peter - 2002
The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance differs tremendously across developing countries. We...
Persistent link: https://www.econbiz.de/10011495392
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The impact of democracy on economic growth in sub-Saharan Africa, 1982 - 2012
Masaki, Takaaki; Van de Walle, Nicolas - 2014
Does democracy promote economic growth? There is still an ongoing debate over the economic implications of democracy, and this question has gained critical importance particularly in the African context, where a wave of democratization in the early 1990s coincided with the start of a new era of...
Persistent link: https://www.econbiz.de/10010252703
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The middle-income trap - definitions, theories and countries concerned : a literature survey
Glawe, Linda; Wagner, Helmut - 2016
In recent years, a growing body of economic literature has focused on the phenomenon of the so-called middle-income trap (MIT). The term usually refers to countries that have experienced rapid growth and thus quickly reached middle-income status, but then failed to overcome that income range to...
Persistent link: https://www.econbiz.de/10012205654
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The impact of democracy on economic growth in sub-Saharan Africa, 1982 - 2012
Masaki, Takaaki; Van de Walle, Nicolas - 2014
Does democracy promote economic growth? There is still an ongoing debate over the economic implications of democracy, and this question has gained critical importance particularly in the African context, where a wave of democratization in the early 1990s coincided with the start of a new era of...
Persistent link: https://www.econbiz.de/10010343224
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Culture, diffusion, and economic development
Harutyunyan, Ani; Ozak, Omer - 2016
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...
Persistent link: https://www.econbiz.de/10011759082
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Trade Openness and Economic Growth: Evidence in East Asia and Latin America
Chen, Been-Lon - In: Journal of Economic Integration 14 (1999), pp. 265-295
The past two decades have witnessed economic growth differentials among countries in East Asia and Latin America. In this paper we argue that the degree of openness due to government policies in both areas may be an important factor yielding this result. We construct a simple model to highlight...
Persistent link: https://www.econbiz.de/10010991748
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The role of total factor productivity growth in middle-income countries
Kim, Jungsuk; Park, Jungsoo - 2017
We examine the importance of total factor productivity (TFP) growth in middle-income countries based on cross-country panel data for the period 1975-2014. We find that TFP growth contributed significantly to a country’s upward transition from middle-income to high-income country group. The TFP...
Persistent link: https://www.econbiz.de/10011754850