Narrow search
Showing 1 - 10 of 89
Cover Image
The importance of being mature: the effect of demographic maturation on global per-capita GDP
Gómez, Rafael; Hernández de Cos, Pablo - 2006
work linking mature demographic age structures with faster cross-country economic growth rates. …
Persistent link: https://www.econbiz.de/10011604716
Cover Image
The Importance of Being Mature : the Effect of Demographic Maturation on Global Per-Capita Gdp
Gómez, Rafael - 2007
work linking mature demographic age structures with faster cross-country economic growth rates …
Persistent link: https://www.econbiz.de/10012778366
Cover Image
Product market regulation, business churning and productivity: Evidence from the European Union countries
Anderton, Bob; Di Lupidio, Benedetta; Jarmulska, Barbara - 2019
Productivity performance in European countries has been a policy concern for some time. This paper shows that productivity can be enhanced by product market policies which, by increasing competition and efficiency, facilitate higher rates of firms' entry and exit (i.e., firm churning). Drawing...
Persistent link: https://www.econbiz.de/10012389535
Cover Image
Quality of public finances and growth
Afonso, António; Ebert, Werner; Schuknecht, Ludger; … - 2005
public expenditure and its financing via revenue and deficits, and economic growth. We review the various channels through … which public finances affect growth and its underlying determinants (institutional framework, employment, savings and … surveys the empirical findings on the impact of fiscal variables on sustained economic growth. …
Persistent link: https://www.econbiz.de/10011604484
Cover Image
Economic performance and government size
Afonso, António; Jalles, João Tovar - 2011
We construct a growth model with an explicit government role, where more government resources reduce the optimal level …-2008, we use different proxies for government size and institutional quality. Our results, consistent with the presented growth … model, show a negative effect of the size of government on growth. Similarly, institutional quality has a positive impact on …
Persistent link: https://www.econbiz.de/10011605444
Cover Image
Forecasting using a large number of predictors: Is Bayesian regression a valid alternative to principal components?
De Mol, Christine; Giannone, Domenico; Reichlin, Lucrezia - 2006
This paper considers Bayesian regression with normal and doubleexponential priors as forecasting methods based on large panels of time series. We show that, empirically, these forecasts are highly correlated with principal component forecasts and that they perform equally well for a wide range...
Persistent link: https://www.econbiz.de/10011604746
Cover Image
Digitalisation, institutions and governance, and diffusion: Mechanisms and evidence
Baccianti, Claudio; Labhard, Vincent; Lehtimäki, Jonne - 2022
Digitalisation can be described as a sequence of technology and supply shocks which affect the economy through employment and labour markets, productivity and output, and competition and market structure. This paper focuses on how digitalisation - the process of diffusion of digital technologies...
Persistent link: https://www.econbiz.de/10013368005
Cover Image
Cross-country cross-technology digitalisation: A Bayesian hierarchical model perspective
Hoffreumon, Charles; Labhard, Vincent - 2022
In this article, we present a new perspective on forecasting technology adoption, focused on the extensive margin of adoption of multiple digital technologies in multiple countries. We do this by applying a Bayesian hierarchical structure to the seminal model of technology diffusion. After...
Persistent link: https://www.econbiz.de/10014278378
Cover Image
Digitalisation, institutions and governance, and growth: Mechanisms and evidence
Labhard, Vincent; Lehtimäki, Jonne - 2022
digitalisation on economic growth, and how those effects may be impacted by institutions and governance. It discusses a number of … institutions and governance tend to be associated with greater growth-enhancing effects from digital technologies. …
Persistent link: https://www.econbiz.de/10014278451
Cover Image
Reforming public expenditure in industrialised countries: are there trade-offs?
Schuknecht, Ludger; Tanzi, Vito - 2005
they are mitigated in absolute terms by faster growth in the medium run and by the possibilities of better targeting of …
Persistent link: https://www.econbiz.de/10011604481