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Sub-Saharan African states urgently need expanded and more dynamic private sectors, more efficient and effective infrastructure/utility provision, and increased investment from both domestic and foreign sources. Privatization is one way to address these problems. But African states have...
Persistent link: https://www.econbiz.de/10014088625
most important driver of changes in GDP growth for both the US and other advanced economies. When applied to real-time data …
Persistent link: https://www.econbiz.de/10011145426
This paper contributes to the debate on the origins of modern economic growth in Europe from a very long-run perspective using econometric techniques that allow for a long-range dependence approach. Different regimes, defined by endogenously estimated structural shocks, coincided with episodes...
Persistent link: https://www.econbiz.de/10012669534
This paper investigates some of the existing hypotheses regarding the transmission of different colonial legacies to modern day economic growth. The fact that different colonial strategies were pursued by different colonizers in various territories suggests possible ramifications for current...
Persistent link: https://www.econbiz.de/10010280213
This paper investigates the channels through which colonial origin affects economic outcomes in sub-Saharan Africa (SSA). It focuses on four key channels of transmission namely, human capital, trade openness, market distortion and selection bias. In contrast with previous studies where only...
Persistent link: https://www.econbiz.de/10008516088
This paper investigates some of the existing hypotheses regarding the transmission of different colonial legacies to modern day economic growth. The fact that different colonial strategies were pursued by different colonizers in various territories suggests possible ramifications for current...
Persistent link: https://www.econbiz.de/10008991422
This paper carefully investigates some of the existing hypothesis regarding the transmission of different colonial legacies to modern day economic performance in sub-Saharan Africa (SSA). It focuses on four key channels of transmission namely, human capital, trade openness, market distortion and...
Persistent link: https://www.econbiz.de/10013095246
products (GDP) of Central and Eastern Europe (CEE) countries. Through a regression model we look for a correlation between … for investors who wanted to expand and to grow their businesses. Is there a significant relationship between FDI and GDP …? What is its impact? Does FDI have a direct impact over GDP in CEE countries? …
Persistent link: https://www.econbiz.de/10010632414
In this chapter I discuss historical estimates of GDP at both the national and the regional level, and their … societies, GDP has stronger informative power in those contexts where industry and services, and market exchange, retain the … construct GDP constant price (Laspeyres) indices (the latter issue may be less widely recognized, but it may have a remarkable …
Persistent link: https://www.econbiz.de/10010875710
predicting unobserved true income). In particular, we find that the PWT 7.1 chain-based GDP series substantially outperforms the … of their price survey. We conclude that GDP series based on unadjusted domestic growth rates alone predict growth rates …
Persistent link: https://www.econbiz.de/10011538008