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Public Investment and Endogenous Growth in a Small Open Economy

Alogoskoufis, George; Kalyvitis, Sarantis C - C.E.P.R. Discussion Papers - 1996

This paper examines the effects of three alternative rules for public investment on output growth in a model with private and public capital. The rules considered are: (i) a fixed ratio of public capital to output; (ii) a fixed growth rate for public capital; and (iii) a fixed ratio of public...

Persistent link: https://www.econbiz.de/10005791732

Persistent Differences in National Productivity Growth Rates with a Common Technology and Free Capital Mobility

Buiter, Willem H.; Kletzer, Kenneth - C.E.P.R. Discussion Papers - 1991

The paper develops a two-country endogenous growth model to investigate possible causes for the existence and persistence of productivity growth differentials between nations, even though these countries show a common technology, constant returns to scale and perfect international capital...

Persistent link: https://www.econbiz.de/10005792009

Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?

Sabirianova Peter, Klara; Svejnar, Jan; Terrell, Katherine - C.E.P.R. Discussion Papers - 2005

advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …

Persistent link: https://www.econbiz.de/10005792168

Cross-Country Growth Comparison: Theory to Empirics

Quah, Danny - C.E.P.R. Discussion Papers - 1999

This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has guided that empirical analysis. The paper argues that recent studies of economic growth - both empirical and theoretical - distinguish from previous work in three distinct ways:...

Persistent link: https://www.econbiz.de/10005792232

Regional Cohesion: Evidence and Theories of Regional Growth and Convergence

Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1994

After arguing that the concepts of b-convergence and s-convergence are independently interesting, this paper extends … the empirical evidence on regional growth and convergence across the United States, Japan, and five European nations. We … confirm that the estimated speeds of convergence are surprisingly similar across data sets: regions tend to converge at a …

Persistent link: https://www.econbiz.de/10005114384

The Classical Approach to Convergence Analysis

Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1995

The concepts of s-convergence, absolute b-convergence and conditional b-convergence are discussed in this paper. The …. Except for the large cross section of countries, all data sets display strong evidence of s-convergence and absolute b-convergence …. The cross section of countries exhibits s-divergence and conditional b-convergence. The speed of conditional convergence …

Persistent link: https://www.econbiz.de/10005656407

The Economic Impact of Social Ties: Evidence from German Reunification

Burchardi, Konrad B.; Hassan, Tarek - C.E.P.R. Discussion Papers - 2011

We use the fall of the Berlin Wall in 1989 to show that personal relationships which individuals maintain for non-economic reasons can be an important determinant of regional economic growth. We show that West German households who have social ties to East Germany in 1989 experience a persistent...

Persistent link: https://www.econbiz.de/10009150021

Income, resources, and electricity mix

Burke, Paul J. - Research School of Economics, College of Business and … - 2010

This paper presents evidence on a national-level electricity ladder which sees countries transition toward coal and natural gas, and finally nuclear power and modern renewables such as wind power, for their electricity needs as they develop. The extent to which countries climb the electricity...

Persistent link: https://www.econbiz.de/10008515763

Ruggedness: The Blessing of Bad Geography in Africa

Nunn, Nathan; Puga, Diego - C.E.P.R. Discussion Papers - 2007

There is controversy about whether geography matters mainly because of its contemporaneous impact on economic outcomes or because of its interaction with historical events. Looking at terrain ruggedness, we are able to estimate the importance of these two channels. Because rugged terrain hinders...

Persistent link: https://www.econbiz.de/10005136410

Trade diversity and stages of development : evidence on EU countries

Parteka, Aleksandra - 2013

The paper presents the dynamics of trade diversity with respect to stages of development in the European context. The analysis focuses on EU27 countries observed across the years 1988-2010 and compared to a sample of 136 international economies at all levels of income per capita. We use product...

Persistent link: https://www.econbiz.de/10011802037