Showing 1 - 10 of 57,971
This paper investigates the empirical saving-investment relationships for Cote d'Ivoire and Ghana over the period 1960-1998, using a Markov Switching VAR model. We find regime-dependent causality from saving to investment in Cote d'Ivoire but not in Ghana. In terms of Feldstein and Horioka...
Persistent link: https://www.econbiz.de/10012768357
his article investigates the impact of education on economic growth in Guatemala for the 1951-2002 period. An error-correction model shows that a better-educated labor force has a positive and significant impact on economic growth. A growth-accounting framework demonstrates that human capital...
Persistent link: https://www.econbiz.de/10012770613
This paper investigates the impact of human capital on economic growth in Guatemala through the application of an error-correction methodology. Two channels are analyzed, by which human capital is expected to influence growth. A better-educated labor force appears to have a positive and...
Persistent link: https://www.econbiz.de/10012770659
This paper examines the empirical relationships between exports growth and economic performance for western Africa … causality from exports to GDP and vice versa in Benin, while causality is found only from GDP to exports in Senegal and Togo … supporting the growth-driven exports (GDE) point of view, and from exports to GDP in Niger supporting the export-led growth (ELG …
Persistent link: https://www.econbiz.de/10012751108
This paper investigates the impact of human capital on economic growth in Guatemala during 1951-2002 using an error-correction methodology. The results show a better-educated labor force having a positive and significant impact on economic growth. Consistent with micro studies for Guatemala,...
Persistent link: https://www.econbiz.de/10014063960
This paper investigates the empirical saving-investment relationships for Côte d’Ivoire and Ghana over the period 1960–1998, using a Markov Switching VAR model. We find regime-dependent causality from saving to investment in Côte d’Ivoire but not in Ghana. In terms of Feldstein and...
Persistent link: https://www.econbiz.de/10005406772
This article investigates the impact of education on economic growth in Guatemala for the 1951-2002 period. An error-correction model shows that a better-educated labor force has a positive and significant impact on economic growth. A growth-accounting framework demonstrates that human capital...
Persistent link: https://www.econbiz.de/10005698250
This article tests the Black’s hypothesis in five crisis-affected Asian countries(India, Japan, Malaysia, South Korea, and Thailand). The hypothesis posits that economies face a positive relationship between output growth and output volatility. Using monthly data of the industrial production...
Persistent link: https://www.econbiz.de/10011260141
We analyze the role of industrial and non-industrial production sectors in the US economy by adopting a novel multilevel factor model. The proposed model is suitable for high-dimensional panels of economic time series and allows for interdependence structures across multiple sectors. The...
Persistent link: https://www.econbiz.de/10014249846
Using a bivariate GARCH model of inflation and output growth we find evidence that higher inflation and more inflation uncertainty lead to lower output growth in the Japanese economy. These results support the argument of a price stability objective for the monetary authority.
Persistent link: https://www.econbiz.de/10008543375