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Persistent link: https://www.econbiz.de/10010894170
growth with the help of a GMM panel regression including 114 countries. Effects on productivity growth and capital and labor …
Persistent link: https://www.econbiz.de/10010894446
Patenting and licensing are introduced into the lab-equipment horizontal innovation model of endogenous growth. Patent … lower patent breadth level, government is able to trade off a modest negative long-term effect on growth for a substantial …
Persistent link: https://www.econbiz.de/10010894485
In this paper we empirically investigate the causal link between money and economic growth employing a Markov switching … in the causal relation between money and economic growth over the sample period under investigation. Our results show … that M2 growth and interest rate have significant predictive content for real economic activity in the Turkish economy …
Persistent link: https://www.econbiz.de/10010894851
growth on entrepreneurial activities. The classification of countries is based on the Economic Freedom Index and the World … entrepreneurial activities and growth in innovation and efficiency-driven countries characterized by strong institutional systems. On …
Persistent link: https://www.econbiz.de/10010894907
Investment is a key to analyze an economy’s growth, as its increase the economy productive capacity, either expanding … growth in the period, as well as government policies on investment promotion. Growth and investment evolution, together with … that investment precedes growth, while there are others that provide evidence to the hypothesis that growth determines …
Persistent link: https://www.econbiz.de/10010894978
GDP. While remittances can foster growth and development as well as prevent balance of payment crises, they can also have … a negative impact on growth if used for conspicuous consumption or unproductively. Recipients of remittance can become …, which would affect economic growth negatively. In this paper an attempt is made to analyze the impact of remittances on …
Persistent link: https://www.econbiz.de/10010895228
combination of innate talent and entrepreneurial parental background which only West Germans possess. Technological growth … entrepreneurship, while contributing to technological growth, accounts for almost 10 percentage points of the gap between East and West … down technological growth and increased the output gap by 7 percentage points. …
Persistent link: https://www.econbiz.de/10010895266
, the 5% growth of the tourism world demand between January and June gave way to a 1% decline in the second half of the year …. Growth returned to international tourism in the last quarter of 2009 contributing to better than expected full-year results … worldwide by 4% in 2009 to 880 million. Against the overall economic indicators in recent months, UNWTO forecasts a growth in …
Persistent link: https://www.econbiz.de/10010895406
sustained growth. Starting with a wide-ranging macroeconomic diagnosis, this monograph examines the strengths and …
Persistent link: https://www.econbiz.de/10010895474