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This paper makes two main contributions. First, we examine the long-run effect of foreign aid on domestic output for 59 developing countries using heterogeneous panel cointegration techniques to control for omitted variable and endogeneity bias to detect possible cross-country differences in the...
Persistent link: https://www.econbiz.de/10010288521
Persistent link: https://www.econbiz.de/10009781377
In this paper, we show, using a panel of developed countries, that there is a long-run negative association between church attendance and total factor productivity (TFP) with predictive causality running from declining church attendance to increasing factor productivity. According to our...
Persistent link: https://www.econbiz.de/10011490822