growth through capital accumulation. This paper contributes to this literature. As opposed to the previous studies, which …, and tests of Granger non-causality are performed within the estimated systems. The main results show that the causal … chains linking saving and output differ across countries, and also that causality associated with adjustments to long …

The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and … important source of economic growth. …

-run relationship between financial development and economic growth. An augmented form of Granger causality analysis is implemented to … 1968 to 2005. The bounds testing approach to cointegration is conducted to establish the existence of a long … identify the direction of causality among the variables both in the short-run and the long-run. The empirical findings suggest …

testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms …This study seeks to validity of the export-led growth hypothesis using quarterly data from 1980 to 2005. The bounds … of trade. An augmented form of Granger causality analysis is implemented to identify the direction of relationship among …

Export growth in India has been much faster than GDP growth over the past few decades. Several factors appear to have … through which FDI influences growth. Using annual data for 1970-98 we investigate the determinants of export performance in … India in a simultaneous equation framework. Results suggest that demand for Indian exports increases when its export prices …

and national ownership patterns. On the second question, the sensitivity of exports to labour costs is lower in high tech …

most recent financial crisis, estimating models for export market participation decisions and firm growth and survival. The … the global financial crisis. With respect to firm growth and survival, we find that starters and continuous exporters are …

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on … the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …