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Testing the convergence hypothesis for OECD countries : a reappraisal

Gadea, María Dolores; Sanz-Villarroya, Isabel - 2016

This paper reviews the results of a number of empirical studies of convergence among the OECD countries and discusses … OECD countries, there are different clusters. The parameter representing the convergence hypothesis, despite being negative … convergence between the countries that belong to the upper quantiles. Moreover, 1960-1970 is highlighted as the period in which …

Persistent link: https://www.econbiz.de/10011558657

Does fiscal consolidation hurt economic growth? : empirical evidence from Spanish regions

Lago Peñas, Santiago; Vaquero-Garcia, Alberto; … - 2019

This article provides empirical evidence on the effect of fiscal consolidation in decentralized countries. The focus on Spain is justified for three reasons. First, it is one of the OECD countries that has been the most affected by the Great Recession in terms of both GDP and public deficit....

Persistent link: https://www.econbiz.de/10012001810

Public investment and economic activity in Mexico, 1925-1981

Fonseca, Felipe; Gómez-Zaldívar, Manuel; … - 2019

Mexican economic historiography recognizes the key role that public investment played in the country's economic performance from the post-revolutionary period until the beginning of the economic liberalization that began in the mid-1980s. However, there is no concrete empirical evidence that...

Persistent link: https://www.econbiz.de/10011990903

The finance-growth nexus revisited : from origins to a modern theoretical landscape

Stolbov, Michail I. - 2012

The paper is a survey of theoretical and empirical approaches applied to analyze the impact of financial system on economic growth. The key issues of the modern theories of the finance-growth nexus are discussed and the theories are classified on the basis of the methodology they rely on. The...

Persistent link: https://www.econbiz.de/10009614043

The corruption-income inequality trap : a study of Asian countries

Dwiputri, Inayati Nuraini; Arsyad, Lincolin; Pradiptyo, … - 2018

The existence of ambiguity in the study of the impact of corruption on economic growth, namely the grease the wheel hypothesis and sand the wheel hypothesis, trigger this research to look at the impact of corruption through another perspective, i.e. income inequality. This study identifies the...

Persistent link: https://www.econbiz.de/10011930500

A replication of "The long-run impact of foreign aid in 36 African countries : insights from multivariate time series analysis" (Oxford Bulletin of Statistics and Economics, 2014)

Roger, Lionel - 2019

Macroeconomic data have been shown to vary substantially between sources, especially so for low-income countries. While the impact of data revisions on inference is well documented for cross-country studies, there is no systematic analysis of the robustness of results obtained from time series...

Persistent link: https://www.econbiz.de/10011990915

Adaptation assessment and analysis of economic growth since the market reform in China

Ren, Chongqiang; Zhai, Guofang; Zhou, Shutian; Li, Shasha; … - 2017

China has experienced extraordinary institutional and socio-economic changes after 1978, and its deepening reform to market-oriented economy since 1990s was also recognized as one the most significant factors to drive China's rise in the contemporary world. Although many aspects of China's...

Persistent link: https://www.econbiz.de/10011650406

The sources of the evolution of China's provincial economic gap : a green economic growth accounting perspective

Yang, Wenju; Long, Ruiyun - 2020

. This paper combines DEA-based green economic growth accounting, growth convergence test and distribution dynamic analysis … to show that China's inter-provincial labor productivity demonstrated significant growth convergence between 1997 and …

Persistent link: https://www.econbiz.de/10012173779

Composition of taxes and growth : evidence from OECD panel data

Luo, Weijie - 2019

This paper analyzes the impact of the composition of taxes on economic growth using a panel of OECD countries. In contrast to Kneller et al. (Fiscal policy and growth: evidence from OECD countries, 1999), over 1980-2005 distortionary taxation did not reduce growth, while an increase in...

Persistent link: https://www.econbiz.de/10012028907

Impacts of fiscal policy on economic growth : another look from institutional perspective

Ho Thuy Ai; Lin, Ping - 2018

What is the role of economic institutions in the effectiveness of fiscal policy? This paper argues that the extent to which fiscal policy affects long-term growth depends on how economically free a country enjoys. The authors use a sample of 72 countries over the period 1990 through 2015 to...

Persistent link: https://www.econbiz.de/10011852915