Showing 1 - 10 of 2,244
In this paper, using a dynamic panel of 21 OECD countries, we find that, unlike the other OECD countries in the sample, wage setting institutions, competition conditions, public finances, and external imbalances can account for the behavior of the public sector wage premium (WPR) and the...
Persistent link: https://www.econbiz.de/10011986208
This paper looks at how trade liberalization and institutional quality influence real income. Previous evidence has provided mixed results, and we find that indicators representing trade liberalization have been very weak. By using strongly balanced panel data of 45 Sub-Saharan African countries...
Persistent link: https://www.econbiz.de/10013199560
This paper aimed to study the behavior of Brazilian productivity between 2004 and 2014 and its impact on growth in a disaggregated analysis. To this end, performance was studied by examining the measurement of total factor productivity and was also based on sectoral and regional aggregation in...
Persistent link: https://www.econbiz.de/10011991458
The purpose of the paper is to examine the direct and indirect links between democracy and economic growth. To do so …-2013. This study focuses on two particular channels through which democracy affects growth, namely FDI inflows and public … consumption expenditure. The results show that there is no clear relationship between democracy and economic growth in the Arab …
Persistent link: https://www.econbiz.de/10011985169
This paper aims to contribute to the literature on growth regimes by combining an operationalization of growth regimes based on growth contributions and sectoral financial balances with an analysis of dominant social blocs (DSBs). We propose the concept of a growth strategy to bridge the...
Persistent link: https://www.econbiz.de/10014481025
What can we learn about applied price theory from the Bourgeois Era? In this paper, we contend there are three …
Persistent link: https://www.econbiz.de/10014521530
All investments and asset classes have different levels of risks and expected returns. For example, low risk investments such as cash generally provide a lower return than high risk investments over the long term, but are unlikely to lead to a capital loss. High risk investments generally offer...
Persistent link: https://www.econbiz.de/10011985067
methodological approach of convergence clubs. The findings of the paper provide valuable insight into both theory and policy …
Persistent link: https://www.econbiz.de/10013199780
I examine the contribution of institutional breakdowns to long-run development, drawing on Argentina's unique departure from a rich country on the eve of World War I to an underdeveloped one today. The empirical strategy is based on building a counterfactual scenario to examine the path of...
Persistent link: https://www.econbiz.de/10013205122
This paper provides empirical evidence of changes in the productivities of manufacturing firms in Indonesia over time, in the form of total factor productivity (TFP), from 1990 to 2010 with and without considering carbon dioxide (CO2) emissions. Employing cleaned and balanced panel datasets for...
Persistent link: https://www.econbiz.de/10011552017