Showing 1 - 10 of 221
adaption to the new free-market rules. These rules would then lead to fast economic growth and development, as they did in … of its full growth potential. …
Persistent link: https://www.econbiz.de/10010307928
This paper investigates the influence of international openness on economic growth in a sample of 32 European economies …. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however … empirical analysis we use the TSLS (two stage least squares) estimator, whereby in the first step we use the standard growth …
Persistent link: https://www.econbiz.de/10011310256
We construct a growth model with an explicit government role, where more government resources reduce the optimal level …-2008, we use different proxies for government size and institutional quality. Our results, consistent with the presented growth … model, show a negative effect of the size of government on growth. Similarly, institutional quality has a positive impact on …
Persistent link: https://www.econbiz.de/10011605444
, both at the level of the outcome variable – usually national income or growth – as well as on the level of the independent … entire world for the period 1992-2013 we find that earthquakes reduce both light growth rates and light levels significantly …
Persistent link: https://www.econbiz.de/10012018202
the associations of growth level, growth volatility, shocks, institutions, and macroeconomic fundamentals have changed in … important ways after the crisis. Gross domestic product growth across countries has become more dependent on external factors …, including global growth, global oil prices, and global financial volatility. After accounting for the effects global shocks, we …
Persistent link: https://www.econbiz.de/10012064688
This paper analyses some of the main factors behind the recent rapid growth in the Commonwealth of Independent States … (CIS) and the prospects for its continuation. Two approaches are used. The first approach uses growth accounting exercises … to estimate the total factor productivity (TFP) growth of all transition economies and compare them with other fast …
Persistent link: https://www.econbiz.de/10012100072
This paper argues that inclusive growth appears to be the only suitable strategy for realising the right to decent work … principles of inclusive versus exclusive growth (1); a comprehensive overview of German labour market policy and labour law …
Persistent link: https://www.econbiz.de/10011873620
This paper uses data from 20 OECD countries to investigate the impact of welfare state institutions (especially employment protection, wage bargaining and work incentives) on the functioning of the labour market both theoretically and empirically. It shows that the impact of welfare state...
Persistent link: https://www.econbiz.de/10010262103
contribute to longer-term growth by building human and financial capital or degrade long-run growth by creating labor … remittances-growth link because previous studies have not correctly controlled for endogeneity. Using Dynamic Data Panel estimates … we find that remittances exert a weakly positive impact on long-term macroeconomic growth. The paper also considers the …
Persistent link: https://www.econbiz.de/10010268033
for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the … presumed growth benefits of financial integration. Indeed, a new literature proposes that the indirect benefits of financial …
Persistent link: https://www.econbiz.de/10010269032