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In the field of economics and regional research, income convergence between countries and regions has been analysed since the 1980s. At the beginning of the 21st century, a number of articles addressing income convergence of European Union (EU) countries were published, which was among many...
Persistent link: https://www.econbiz.de/10015190616
The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and … important source of economic growth. …
Persistent link: https://www.econbiz.de/10010466016
There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post … remarkable long-running panel data set for rural households in Zimbabwe. We find that risk substantially reduces growth: in the …, the first micro-based estimate of the effect of shocks on growth. About two-thirds of the impact of risk is due to the ex …
Persistent link: https://www.econbiz.de/10011334326
In the current study, we attempt to develop a model on how institutional quality aids economic growth convergence and … FDI inflow in GCC countries using panel dataset spanning 1996 to 2016. We estimate growth convergence by deviating GDP … growth rate of individual economy from its group average, emanating equation approximate ADF equation which was used for …
Persistent link: https://www.econbiz.de/10012892322
1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model … we fail to find any role of human capital for regional economic growth, we find that interregional migration and … interdependencies of the growth experience of Russian regions contribute to economic convergence between them. …
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We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities … growth model …
Persistent link: https://www.econbiz.de/10013218903