The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and … important source of economic growth. …

This paper investigates the impact of aid on growth. A clear departure from the vast majority of the existing … test the three main competing specifications in the aid and growth literature for a sample of aid recipient countries over … the 1974-2001 period. Our results clearly show that the different categories of aid exert different effects on growth …

fractionalization on economic growth using unique time-varying measures across countries, for 26 transition economies from 1989 to 2007 …) diversity is not robustly related to growth. However, when we account empirically for how ethnic diversity changes over time and … treat it as an endogenous variable, our estimates show that it is negatively related to growth an effect which is robust to …

imperfect, the wealth distribution typically determines an economy's growth potential in autarky; hence, high exposure to …

We examine German stock corporations' executive compensation's growth over the last 15 years. Furthermore, we … investigate how executive compensation might develop in the future. Over the past 15 years we observe dynamic growth of executive … these high growth rates in the past is the introduction of long-term incentives which has been technically easily …

We test for the impact of exchange rate volatility on growth in emerging market economies based on the theory of … optimum currency areas. Our findings provide evidence for a positive impact of exchange rate stability on growth. …

find that higher union bargaining power leads to a negative relationship between growth and unemployment. An increase in … between the growth and unemployment rates results. …

effectiveness. For this purpose we examine a commonly used empirical growth model, considering different measures of fiscal …

overall trade is not the most appropriate measure for technology diffusion as a source of productivity growth and propose to …

empirical results by showing that the degree of unionization of parliamentary members has a negative impact on economic growth …