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Persistent link: https://www.econbiz.de/10012667754
Theoretical models of the Kuznets Curve have been purely analytical with little contribution towards an understanding of the timing of the process and the presence of additional mechanisms affecting its timing. This paper proposes an agent-based version of Acemoglu and Robinson's model of the...
Persistent link: https://www.econbiz.de/10012057437
We introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth …. The empirical analysis is based on a large panel-data set including 124 countries during the period from 1950 to 2004. For … developing countries. -- Inflation Thresholds ; Inflation and Growth ; Dynamic Panel Threshold Model …
Persistent link: https://www.econbiz.de/10003876000
financing. I construct a novel panel data set for 34 high income countries over the time period from 1995 to 2014 based on …
Persistent link: https://www.econbiz.de/10011962798
using spatial panel data models. The spatial scales examined are minimum comparable areas, micro-regions, meso-regions and … states over the period between 1970 and 2000. Alternative spatial panel data models with fixed effects were systematically …
Persistent link: https://www.econbiz.de/10012056555
The aim of this paper is to assess whether the impacts of real exchange rate undervaluation and domestic technological capabilities on growth are stable across development levels. On the one hand, a real exchange undervaluation measure is constructed based on the purchasing-power-parity theory...
Persistent link: https://www.econbiz.de/10011536945
dynamic panel data models. In particular, in our model the long-run relationship between effective exchange rates and domestic …
Persistent link: https://www.econbiz.de/10010414236
Persistent link: https://www.econbiz.de/10014418026
How far is the world away from ensuring that every child obtains the basic skills needed to be internationally … competitive? And what would accomplishing this mean for world development? Based on the micro data of international and regional … skills for 159 countries that cover 98.1% of world population and 99.4% of world GDP. We find that at least two-thirds of the …
Persistent link: https://www.econbiz.de/10014477384
Fossil fuels have shaped the European economy since the industrial revolution. In this paper, we analyse the effect of coal and oil on long-run economic growth, exploiting variation at the level of European NUTS-2 and NUTS-3 regions over the last century. We show that an "oil invasion" in the...
Persistent link: https://www.econbiz.de/10014088348