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productivity growth within the externalities type endogenous growth theory. The competitive equilibrium of our model indicates that …
Persistent link: https://www.econbiz.de/10009025320
direct investment) on economic growth in Cameroon. Using the autoregressive distributive lag approach to cointegration and … direct investment have positive and significant impacts on economic growth in the short and long terms, while the impact of … the labour force on growth was significantly negative in both terms, a result that may be attributable to the fact that …
Persistent link: https://www.econbiz.de/10010200368
direct investment) on economic growth in Cameroon. Using the autoregressive distributive lag approach to cointegration and … direct investment have positive and significant impacts on economic growth in the short and long terms, while the impact of … the labour force on growth was significantly negative in both terms, a result that may be attributable to the fact that …
Persistent link: https://www.econbiz.de/10010333701
Foreign direct investment (FDI) is generally considered a driving factor to economic growth. Nevertheless, empirical … evidence is rather mixed, reporting a positive, neutral, or even negative relationship of FDI with growth. Our investigation … concentrates on the impact of FDI inflows on growth and their effect mediated by income levels and the quality of the institutional …
Persistent link: https://www.econbiz.de/10012164555
Foreign direct investment (FDI) is generally considered a driving factor to economic growth. Nevertheless, empirical … evidence is rather mixed, reporting a positive, neutral, or even negative relationship of FDI with growth. Our investigation … concentrates on the impact of FDI inflows on growth and their effect mediated by income levels and the quality of the institutional …
Persistent link: https://www.econbiz.de/10012164840
Persistent link: https://www.econbiz.de/10012607345
In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past … growth rates for Africa and several individual countries. We use the Hodrick-Prescott filter with different values for the … the growth rates of GDP trend. For Africa as a hole and for most countries we find relatively low trend growth rates until …
Persistent link: https://www.econbiz.de/10010293975
After more than a decade of economic decline and civil war, Uganda was able to return to economic growth thanks to the …
Persistent link: https://www.econbiz.de/10010330119
Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and … sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between 1975 … and 2005 the size, diversity and sophistication of industry in Africa have all declined. An industrialization strategy …
Persistent link: https://www.econbiz.de/10010330121
and/or monetary stimuli to foster economic growth and thus, maximize the probability of re-election. Using a panel dataset … have an effect on growth. We find evidence to support the most recent studies showing that aid has a positive impact on … growth. We however, do not find evidence to support the proposition that institutional quality is a sine qua non conditional …
Persistent link: https://www.econbiz.de/10010494236