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that generate higher growth rates than the ones obtained under democracy. Such support arises despite the total absence of …
Persistent link: https://www.econbiz.de/10010576019
Persistent link: https://www.econbiz.de/10011527387
obsolete and make business service outsourcing via cross-border trade more feasible. Although the (service-led) growth … to trade commercial- and specialized business services on long-run growth by applying a dynamic panel data approach to … account for unobserved country specific effects and endogenous growth determinants. The system GMM estimates validate that a …
Persistent link: https://www.econbiz.de/10010291838
It is frequently suggested that export diversification contributes to an acceleration of growth in developing countries … international competition. Vertical diversification out of primary into manufactured exports is also associated with growth since … vertical export diversification are positively correlated with economic growth. Yet there have been remarkably few empirical …
Persistent link: https://www.econbiz.de/10010291858
This paper examines the problem of optimal tax mix analytically in a two-sector growth model with transitional dynamics …
Persistent link: https://www.econbiz.de/10010291989
We provide two ways to reconcile small values of the intertemporal elasticity of substitution (IES) that range between 0.35 and 0.5 with empirical evidence that the IES is large. We do this reconciliation using a model in which all agents have identical preferences and the same access to asset...
Persistent link: https://www.econbiz.de/10010292314
impact of these shocks on economic growth. This paper reviews the literature on macroeconomic vulnerability and finds that …
Persistent link: https://www.econbiz.de/10010293290
of societal risk transfer mechanisms mitigating the effects disasters. Dynamic panel estimates using growth data from a …
Persistent link: https://www.econbiz.de/10010293431
the extent to which the growth of MSEs is associated with business constraints, while also controlling for owners …' attributes and firms' characteristics. The results reveal that MSEs' growth potential is negatively affected by limited access to …
Persistent link: https://www.econbiz.de/10010293515
As the conception of and debates on regional powers have been led by political science, this pa-per aims to contribute to the discussion from an economics perspective. Based on the discussion of different concepts of economic power - such as those of Schumpeter, Perroux, Predöhl, or...
Persistent link: https://www.econbiz.de/10010293523