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The relationship between economic growth and democracy : alternative representations of technological change
Heshmati, Almas; Kim, Nam-Seok - 2017
This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980-2014 show that democracy had a robust positive impact on economic …
Persistent link: https://www.econbiz.de/10011704213
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The Relationship between Economic Growth and Democracy: Alternative Representations of Technological Change
Kim, Nam-Seok; Heshmati, Almas - 2017
This study investigates the relationship between economic growth and democracy by estimating a nation’s production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980-2014 show that democracy had a robust positive impact on economic …
Persistent link: https://www.econbiz.de/10011669115
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The Relationship between Economic Growth and Democracy: Alternative Representations of Technological Change
Heshmati, Almas; Kim, Nam-Seok - 2017
This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980–2014 show that democracy had a robust positive impact on economic …
Persistent link: https://www.econbiz.de/10011744592
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The Relationship between Economic Growth and Democracy : Alternative Representations of Technological Change
Heshmati, Almas - 2017
This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980–2014 show that democracy had a robust positive impact on economic …
Persistent link: https://www.econbiz.de/10012950922
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Technology and productivity: a critique of aggregate indicators
Block, Fred L. - 2022
Economic analysts have used trends in total factor productivity (TFP) to evaluate the effectiveness with which economies are utilizing advances in technology. However, this measure is problematic on several different dimensions. First, the idea that it is possible to separate out the relative...
Persistent link: https://www.econbiz.de/10012795772
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A general model of technical change with an application to the OECD countries
Heshmati, Almas; Kumbhakar, Subal - 2011
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10009425734
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The impact of financial factors on the output gap and estimates of potential output growth
Felipe, Jesus; Sotocinal, Noli; Bayudan-Dacuycuy, Connie - 2015
The literature on the finance-growth nexus highlights the importance of the financial cycle for the estimation of …
Persistent link: https://www.econbiz.de/10011346261
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The political U : new evidence on democracy and income
Campos, Nauro; Coricelli, Fabrizio; Frigerio, Marco - 2022
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …
Persistent link: https://www.econbiz.de/10013412764
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The Impact of Financial Factors on the Output Gap and Estimates of Potential Output Growth
Felipe, Jesus - 2015
The literature on the finance-growth nexus highlights the importance of the financial cycle for the estimation of …
Persistent link: https://www.econbiz.de/10013009417
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Transition to democracy, real wages and productivity: the Turkish experience
Taymaz, Erol; Voyvoda, Ebru; Yılmaz, Kamil - 2021
democracy in 1987 and test whether wages under democracy causes productivity. The Turkish experience provides almost an … that undergo an orderly transition from autocracy to democracy may achieve rapid productivity gains. …
Persistent link: https://www.econbiz.de/10012597043