In this article, long term data is analysed for the total growth of the world economy and the growth of developed (G7) and of the rapid developing economies. The total population of BRICS and MATIK countries generate 49,16% of the the world’s population, and their economic size generates...

This study provides new evidence on the relationship between finance and economic growth using an innovative dynamic panel threshold technique. The sample consists of 87 developed and developing countries. The empirical results indicate that there is a threshold effect in the finance-growth...

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in economies? The paper develops a new comparative data set on the usage of electricity in the manufacturing sectors of the USA, Britain, France, Germany and Japan and proceeds to...