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This paper decomposes the large regression residuals of income across 84 U.S. Native American economies (USNAEs) into Solow and Solow-like parts. Decomposition is accomplished algebraically. The calculations find a weak to negative correlation between income and Solow residuals, and a strong...
Persistent link: https://www.econbiz.de/10005118791
This paper decomposes the large regression residuals of income across 84 U.S. Native American economies (USNAEs) into Solow and Solow-like parts. Decomposition is accomplished algebraically. The calculations find a weak to negative correlation between income and Solow residuals, and a strong...
Persistent link: https://www.econbiz.de/10005550985
FRAMEWORK FOR GREATER(IMPROVED) PERFORMANCE. …
Persistent link: https://www.econbiz.de/10005412925
The current research emphasis on institutions as key determinants of economic performance, rather than on resources and … economic performance, then what explains observed differences in performance across parts of one economy sharing similar … institutions? What specific aspects of institutions are responsible for economic performance? This paper suggests that two broad …
Persistent link: https://www.econbiz.de/10005125631
Institutions either promote or constrain economic performance, but which parts of institutions advance or restrict … performance, and why do economies sharing similar institutions sometimes perform differently? This paper is a modest attempt at … the local superstructure is generally accepting of external technology, the impact of human capital on performance remains …
Persistent link: https://www.econbiz.de/10005125690
Institutions either promote or constrain economic performance, but which part of institutions does so, and why do … the local superstructure is generally accepting of external technology, the impact of human capital on income (performance …
Persistent link: https://www.econbiz.de/10005118789
evidence indicates that an improvement in growth performance typically follows the transformation to democracy. Moreover …
Persistent link: https://www.econbiz.de/10005556035
We estimate output growth rate spectra for 58 countries. The spectra exhibit diverse shapes. To study the sources of this diversity, we estimate the short-run, business cycle, and long-run frequency components of the sampled series. For most OECD countries the bulk of the spectral mass is in the...
Persistent link: https://www.econbiz.de/10005126132
evidence indicates that an improvement in growth performance typically follows the transformation to democracy. Moreover …
Persistent link: https://www.econbiz.de/10005126257
in models with endogenous TFP than in models with exogenous TFP. We also show, using a carefully calibrated version of …
Persistent link: https://www.econbiz.de/10005407660