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relationship between economic policies and the growth record is examined. Although a gradual reduction in macroeconomic distortions …-market allocation of resources and allowed Spain to accelerate growth and catch up with Western Europe. Without the 1950s reforms and …
Persistent link: https://www.econbiz.de/10009195322
We present an endogenous growth model with technological externalities emitted the presence of the foreign direct … investments. We showed that the net positive impact on the growth of these investments may be if and only if the host country such …
Persistent link: https://www.econbiz.de/10011114394
Η Εθνική Αποταμίευση κατά την περίοδο της εικοσαετίας 1990-2010 εμφανίζεται συνεχώς μειούμενη. Οι αιτίες αυτού του φαινομένου μπορούν να εντοπιστούν τόσο στα...
Persistent link: https://www.econbiz.de/10011115506
growth. We use the EORA Multi-Region Input-Output tables to track the evolution of African countries along global value … local projection method to investigate the relationship between global value chains participation and growth, and provide … chains positively impacts their growth; a positive impact which is driven by trade in commodities, knowledge intensive good …
Persistent link: https://www.econbiz.de/10014483896
Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010283292
Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010886853
growth. We use the EORA Multi-Region Input-Output tables to track the evolution of African countries along global value … local projection method to investigate the relationship between global value chains participation and growth, and provide … chains positively impacts their growth; a positive impact which is driven by trade in commodities, knowledge intensive good …
Persistent link: https://www.econbiz.de/10014481084
Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010785251
, labor and capital markets, household incomes and, perhaps most importantly, economic growth will indubitably ensue. As men … comparative static resource reallocation effects of trade reforms, ours is the first to focus on the growth effects (“dynamic … strongest growth channel, raising GDP by over three percentage points by the end of our 15 year simulation period. Trade …
Persistent link: https://www.econbiz.de/10008512962
. Focusing on sudden stops, currency, twin and sovereign debt crises, the paper shows that crises are associated with growth … collapses in Africa. In contrast, openness is found to be beneficial to growth. More specifically, we find that, consistent with …
Persistent link: https://www.econbiz.de/10010822769