The People's Republic of China's (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of export-led growth (ELG). Using the concept of the balance-of-payments equilibrium (BOPE) growth...

Origins of the economic growth literature based on the Solow and Lucas models attribute human capital accumulation to long run balanced growth path of an economy. This work has the objective of empirically testing the dynamics of human capital accumulation for the case of the Egyptian economy...

This paper synthesizes five determinants of innovation and productivity of a nation. They are namely: (1) human resources and their characteristics, (2) natural and physical resources and their characteristics, (3) systems and strategies and their characteristics, (4) interactions and...

We reexamine the role of trust in macroeconomic performance using a new econometric method, a two-step approach adopted by Di Tella et al. (AER, 2001). In the first step, the measure of trust is constructed from the micro-regression of trust. This method allows us to extract the component of...

This study attempts to investigate the level of transient and persistent technical efficiencies of large- and medium-scale manufacturing establishments in Ethiopia. A stochastic frontier approach was used for Cobb–Douglas production technology and a panel data set (1996–2015) was developed...

Turkish Abstract: Özet: Bu sunum için Bela Balassa tarafından hazırlanan bir makale esas alınmıştır. Çalışmanın ana fikri gelişmekte olan ülkelerin, ihracatı artırmak ve daha iyi bir büyüme hızı elde edebilmek icin izledikleri ticaret politikalarıdır. Çesitli bölümler,...

The forecasting results on Baltic Dry Index of the current scientific approaches are still inferior for decision making to satisfy the ship owners, the charterers, the cargo owners and the economic policy maker. The result of an extensive literature search on forecasting of BDI among the...

This paper uses book translation data as a measure of idea flows to document a robust empirical relationship between these data and two measures of population relatedness: linguistic and genetic distance. I find a significant negative relationship between linguistic distance and book...

Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...

The strength of product market competition plays an important role in economic growth as it affects economic efficiency and the allocation of resources, and can also lead to improved labour market performance. This paper examines product market competition and economic performance in the...