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In theory, the IMF could influence economic growth via several channels, among them advice to policy makers, money â€¦ data for 98 countries over the period 1970-2000 it analyzes whether IMF involvement influences economic growth in program â€¦ countries. Consistent with the results of previous studies, it is shown that IMF programs reduce growth rates when their â€¦
Persistent link: https://www.econbiz.de/10010295964
trade within the BRIC countries. It shows that countries with lower interest rates experience growth of the share of â€¦ machinery industry exports rather than agriculture and food products, and, on the contrary, in countries with higher interest â€¦ rates the share of agriculture and food exports increases and the share of machinery industry products declines. The â€¦
Persistent link: https://www.econbiz.de/10010306931
This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing â€¦ countries. It addresses the limitations of the existing literature and re-examines the FDI-led growth hypothesis for 28 â€¦ developing countries using cointegration techniques on a country-by-country basis. The paper finds that in the vast majority of â€¦
Persistent link: https://www.econbiz.de/10010296028
(average latency for a country) into established models of economic growth. The data used in this analysis spans the period â€¦ beneficial to economic growth and emphasize the appropriateness of technical measures of Internet quality for economic analysis â€¦
Persistent link: https://www.econbiz.de/10011577405
of growth in presence of this embodied technical progress there exist three schools: first, the traditional growth â€¦ Pakes (1996), Caves (1998), McGuckin and Stiroh (1999), and Tybout (2000). The third school is the equilibrium growth â€¦ accounting school, which measures the balance growth by means of vintage capital models, being represented by Greenwood â€¦
Persistent link: https://www.econbiz.de/10011336394
In this paper we look at the evolution of the R&D intensity gap between the EU and its major competitors using data from the Industrial Scoreboard covering the period 2002-2010. We focus on R&D intensity and we assess whether the gaps relative to major competitors arise from differences in...
Persistent link: https://www.econbiz.de/10011340758
Persistent link: https://www.econbiz.de/10011340810
geographical content. Recently, significant growth is shown by certain circles of industries and services attached to information â€¦
Persistent link: https://www.econbiz.de/10011340830
Recent empirical research relates lower aggregate total factor productivity to more dispersed productivity levels within narrowly defined industries. This paper shows that specificity in creditor-borrower relationships will cause adverse selection in line with this evidence. It demonstrates how...
Persistent link: https://www.econbiz.de/10010270196
This paper interprets economic growth as a sequence of transitions between four growth regimes: crisis, stagnation â€¦, stable growth, and miracle growth. Countries experience distinct patterns of growth because they switch between the growth â€¦ regimes with different frequencies. The aim of this paper is to identify countries with similar growth dynamics in order to â€¦
Persistent link: https://www.econbiz.de/10010270295