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After a decade of research on the relationship between institutions and growth, scholars in this field seem to be … divided. Economic institutions perform well in growth regressions and a body of literature argues that this supports the key … literature describes are the more stable political institutions, and these have been found to play no role in empirical growth …
Persistent link: https://www.econbiz.de/10010274856
After a decade of research on the relationship between institutions and growth, scholars in this field seem to be … divided. Economic institutions perform well in growth regressions and a body of literature argues that this supports the key … literature describes are the more stable political institutions, and these have been found to play no role in empirical growth …
Persistent link: https://www.econbiz.de/10009021242
identify a link between sectoral growth asymmetries and the quality of domestic governance institutions. Especially differences … all countries, non-tradables were less relevant for aggregate productivity. The low productivity growth in peripheral EU … remain, implying a continuation of unsustainable growth patterns. This has implications for the European Commission …
Persistent link: https://www.econbiz.de/10011853250
Foreign direct investment (FDI) is generally considered a driving factor to economic growth. Nevertheless, empirical … evidence is rather mixed, reporting a positive, neutral, or even negative relationship of FDI with growth. Our investigation … concentrates on the impact of FDI inflows on growth and their effect mediated by income levels and the quality of the institutional …
Persistent link: https://www.econbiz.de/10012164840
Foreign direct investment (FDI) is generally considered a driving factor to economic growth. Nevertheless, empirical … evidence is rather mixed, reporting a positive, neutral, or even negative relationship of FDI with growth. Our investigation … concentrates on the impact of FDI inflows on growth and their effect mediated by income levels and the quality of the institutional …
Persistent link: https://www.econbiz.de/10012164555
identify a link between sectoral growth asymmetries and the quality of domestic governance institutions. Especially differences … all countries, non-tradables were less relevant for aggregate productivity. The low productivity growth in peripheral EU … remain, implying a continuation of unsustainable growth patterns. This has implications for the European Commission …
Persistent link: https://www.econbiz.de/10011775650
results show that relative prices have significant effects on TFP. Also the quality of institutions is an important … determinant of noninput component of output growth. The macroeconomic measures to get “prices right” in sub Saharan Africa may … also be constrained by the linkages of institutions to the macroeconomic variables. Thus, policies of getting prices right …
Persistent link: https://www.econbiz.de/10010638869
We uncover evidence of substantial heterogeneity in the growth experience of countries using a structural threshold … regression methodology. Our findings suggest that studies that seek to promote mono-causal explanations in the institutions … versus geography debate in growth are potentially misleading. …
Persistent link: https://www.econbiz.de/10008558434
We uncover evidence of substantial heterogeneity in the growth experience of countries using a structural threshold … regression methodology. Our findings suggest that studies that seek to promote mono-causal explanations in the institutions … versus geography debate in growth are potentially misleading. …
Persistent link: https://www.econbiz.de/10004987131
In this paper, we discuss the relationship between productivity, accumulation and institutions. We start from the idea … from institutions to the stock of physical and human capital and from this latter to productivity. On these ground, we …
Persistent link: https://www.econbiz.de/10010678551