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Utilizing panel data for 19 OECD countries we find suppor t for the hypothesis that a greater degree of product variety … relative to the US helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of …
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the United Nations Development Programme. By means of a multimodal approach centered on panel data modelling, we showed … that economic growth, proxied by the GDP growth rate, was substantially influenced by economic indicators such as imports …, exports, gross capital formation, and gross domestic savings. We also showed that foreign direct investment inflows and …
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We analyze the evolution of fast emerging economies of the BRICS (Brazil, Russia, India, China & South Africa) and MINT … the growth rate and real GDP output for the period 2001-2011. An instrumenal variable (IV) quantile regression approach is … complemented with Two-Stage-Least Squares and IV Least Absolute Deviations. We find that the highest rates of growth of real GDP …
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