Showing 21 - 30 of 112
We explore the effects of persistent income shocks on human capital using oil price fluctuations in a large sample of relevant African countries and employing micro data from multiple waves of the Demographic and Health Survey (DHS). Theoretically, such shocks enable human capital investment via...
Persistent link: https://www.econbiz.de/10012623114
, education, and earnings life histories merged from the SIPP survey and federal administrative sources. Using ordinary logit …
Persistent link: https://www.econbiz.de/10010426988
In theory, the IMF could influence economic growth via several channels, among them advice to policy makers, money … data for 98 countries over the period 1970-2000 it analyzes whether IMF involvement influences economic growth in program … countries. Consistent with the results of previous studies, it is shown that IMF programs reduce growth rates when their …
Persistent link: https://www.econbiz.de/10010295964
This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing … countries. It addresses the limitations of the existing literature and re-examines the FDI-led growth hypothesis for 28 … countries FDI has no statistically significant long-run impact on growth. In very few cases, FDI indeed contributes to economic …
Persistent link: https://www.econbiz.de/10010296028
This paper investigates the impact of aid on growth. A clear departure from the vast majority of the existing … test the three main competing specifications in the aid and growth literature for a sample of aid recipient countries over … the 1974-2001 period. Our results clearly show that the different categories of aid exert different effects on growth …
Persistent link: https://www.econbiz.de/10010301443
fractionalization on economic growth using unique time-varying measures across countries, for 26 transition economies from 1989 to 2007 …) diversity is not robustly related to growth. However, when we account empirically for how ethnic diversity changes over time and … treat it as an endogenous variable, our estimates show that it is negatively related to growth an effect which is robust to …
Persistent link: https://www.econbiz.de/10010301482
imperfect, the wealth distribution typically determines an economy's growth potential in autarky; hence, high exposure to …
Persistent link: https://www.econbiz.de/10010301543
We explore the effect of foreign direct investment (FDI) on economic growth in developing countries, distinguishing … with respect to their influence on growth. While Greenfield FDI substantially enhances growth, M&As have no effect, at best … rate. The resulting loss in price competitiveness may explain the poor growth effect of the M&A variant of FDI. …
Persistent link: https://www.econbiz.de/10010305594
generating economic growth in four Latin American countries between 1980 and 2007. The results, based on panel time-series data … productive activities, and therefore to promote economic growth. Furthermore, given the characteristics of the sample of …), as a necessary pre-condition for financial development, and consequently for sustained growth and prosperity in the …
Persistent link: https://www.econbiz.de/10010305619
economic growth and unemployment. We provide a theoretical model that explains the technology-bias and predicts its development …-results. Last not least, we discuss the implications of our findings for the existing growth literature and structural change …
Persistent link: https://www.econbiz.de/10010305942