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Persistent link: https://www.econbiz.de/10011695891
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years after the disaster, economic growth in the underlying economy remains buoyant even if official regional economic data …
Persistent link: https://www.econbiz.de/10014332464
This study investigates the pro-poorness of income growth in Nigeria. Using nationally representative data for 1996 and 2004, overall income growth in Nigeria was found not to be pro-poor. The richer segments of the population appropriate greater share of benefits from economic growth. Household...
Persistent link: https://www.econbiz.de/10011310239
The paper investigates the relationship between external debt and economic growth, focusing on the role played by the policy and institutional framework. Results for a panel of 114 developing countries show that the debt-growth nexus depends on institutions and policies. The Debt-Laffer curve...
Persistent link: https://www.econbiz.de/10010298614
In the paper a growth model is developed which admits endogenous growth. Endogenous growth is due to simultaneous efficient accumulation of physical as well as human capital. In contrast to similar growth models, we assume that output can be transformed into either physical or human capital...
Persistent link: https://www.econbiz.de/10010332567
Of the world's 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars … scourge of absolute economic misery among billions of the world's people is one of the most serious problems facing humankind … today. Unemployment (defined below) befalls about 200 million of the world's people - a sizeable number but small compared …
Persistent link: https://www.econbiz.de/10010333104
This paper studies the remittances' effect on economic growth. Using panel data techniques, the authors estimate several specifications to provide support of such relationship for MENA countries over the period 19802009. The findings provide new robust evidence on how remittances are used in...
Persistent link: https://www.econbiz.de/10010310079
The paper recounts the history of the finance-growth nexus research from its origins to the yearly 1990s. The contributions are analyzed in connection with the socioeconomic context and advances in economic theory. Many ideas first expressed decades ago are still subject to constant discussions...
Persistent link: https://www.econbiz.de/10010311172
This paper aims to assess the relationship among fiscal variables (government revenue and expenditure) in Sub-Saharan African countries. Using yearly data for the period between 1980 and 2011 in fifteen ECOWAS countries, a weak long-run relationship between government expenditure and revenue...
Persistent link: https://www.econbiz.de/10010311847