La industria del estaño ha sido la columna vertebral de la economía boliviana durante la mayor parte del siglo pasado. Este artículo intenta cuantificar el impacto de esta industria sobre el crecimiento económico en Bolivia. Específicamente, analiza si la industria de estaño tiene algún...

Recently, the European Commission has proposed to introduce a new migration policy instrument - Blue Cards - to attract highly skilled workers from abroad by lifting labour market restrictions, offering financial and housing benefits. The excludability character of human capital suggests that...

A simple model of the distribution of wealth is presented. In such a model the distribution of wealth follows a Pareto type II distribution whose parameters depend on the growth rates discussed in the book. Compared to previous studies of the asymptotic distribution of wealth in economies...

There are number of studies that examine the bidirectional causality between CO2 emissions and economic growth, CO2 emissions and energy consumption and energy consumption and economic growth. This study has made an attempt to extend the same into multivariate framework and employ new time...

Kazakhstan’s postcommunist transition is characterised by gradual changes under the conditions of a limited democracy. These changes have embraced extensive price and trade liberalisation, and resolutely promoted privatisation and the building of market institutions, although structural...

This paper analyzes a hot topic: the influence of an undervalued currency on macroeconomic variables - primarily on the economic growth and trade balance of a country, but also on employment, foreign exchange reserves, competition, and living standards. It also reviews and explains the...

We examine the long-run relation and short-run dynamics between energy consumption and output in a panel of 14 oil-exporting countries over 1980–2007. Panel unit root tests, which account for common cross-sectional factors, fail to reject non-stationarity in both variables. Thus, we explore...

The aim of this contribution is an investigation of causal interdependences between electricity consumption and GDP in Poland. Our research was conducted for total electricity consumption as well as for the industrial consumption of electricity. In order to reflect the causality between GDP and...

We employ income projection models based on human capital dynamics in order to assess quantitatively the role that educational improvements are expected to play as a driver of future income convergence in Europe. We concentrate on income convergence dynamics between emerging economies in Central...

This article uses “extreme-bound”-type analysis to revisit the determinants behind the widely differing economic growth in Russian regions prior to the recent global financial crisis. Using data of regional growth in 1995–2006 for 77 Russian regions, it examines the growth drivers for the...