We analyze the effectiveness of an increase in government consumption for stimulating growth for diverse levels of … public debt in the European Union. We conclude, that growth rate can be stimulated in the short run by an increase in … more effective than an increase in compensation of public employees in stimulating output growth. …

bottlenecks that might be hindering the translation of China's innovation efforts into productivity growth. …, by looking at the value-added of Chinese exports and the overall productivity of the economy. We identify three potential …