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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 …
Persistent link: https://www.econbiz.de/10005068653
in performance and subsequent growth in industries, regions and economies. The framework has implications for future … research in entrepreneurship, strategy and economic growth. …
Persistent link: https://www.econbiz.de/10005090470
growth. A summary of what we learn from the econometric results concludes the paper. …
Persistent link: https://www.econbiz.de/10005102703
Economic growth depends on human resources and human needs. The demographic age structure shapes both of these factors … growth model with gradual technical adjustment. The model performs well in both pooled and panel estimations. The growth …
Persistent link: https://www.econbiz.de/10005169434
Persistent link: https://www.econbiz.de/10005406651
paper focuses on economic growth and investigates empirically the influence of age variables on growth. Unlike other recent …. Estimations of a typical growth specification, augmented with age variables and other, more volatile, economic variables, are … carried out, and results from these regressions seem to indicate that economic growth is indeed affected by the age …
Persistent link: https://www.econbiz.de/10005419187
The main objective of the present paper is to present a cross-country analysis of pro-poor growth in 80 countries in … 237 growth spells during the period 1984-2001. To achieve this objective, the paper proposes a new measure of pro …-poor growth that captures gains and losses of growth rates due to changes in the distribution of consumption. The gains imply pro …
Persistent link: https://www.econbiz.de/10005583689
growth through capital accumulation. This paper contributes to this literature. As opposed to the previous studies, which …
Persistent link: https://www.econbiz.de/10005644590
This paper reviews the political economy view of economic growth in post-communist economies making the transition to …, measured in terms of economic freedom, contribute to growth. The empirical results from the cross-section of transition … economies confirm this hypothesis. The paper concludes that non-linearities are present in the growth model and that differences …
Persistent link: https://www.econbiz.de/10005648584
increase in GDP growth rates. These countries have greater access to capital markets which will allow them to sustain economic … growth in light of substantial increases in their old-age dependency rates. Countries with a lower savings rate are able to … productivity caused by exodus of domestic workers. Although the effects of an increase in the old-age dependency rate on GDP growth …
Persistent link: https://www.econbiz.de/10009151568