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This study empirically explores the growth effects of rent seeking activity (RSA) for a group of 52 developing/transitional countries, using a dynamic panel data approach. The modelling framework is a Mankiw-Romer-Weil (MRW) conditional convergence model augmented by measures of the...
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We investigate the question of whether or not government budget deficits and real interest rates have a long-run relationship with the current account of the balance of payments in 23 Organization for Economic cooperation and Development (OECD) countries. Such an investigation is important,...
Persistent link: https://www.econbiz.de/10004966497
The recent enlargement of the European Union (EU) has enhanced interest in the causes and also the consequences of migration between Central and Eastern European (CEE) and Western European countries. This paper considers the possibility that some of these consequences make themselves felt in the...
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This study empirically explores the growth effects of rent seeking activity (RSA) for a group of 52 developing/transitional countries, using a dynamic panel data approach. The modeling framework is a Mankiw–Romer–Weil (MRW) conditional convergence model with path dependence and augmented by...
Persistent link: https://www.econbiz.de/10011048942
This paper computes Divisia price and volume indices from quarterly data of New Zealand exchange rates and exports to explore the relationship between New Zealand’s domestic inflation and the changes in its exchange rates over the period 1983 – 93. This is a period when the New Zealand...
Persistent link: https://www.econbiz.de/10011118274