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R&D, Innovation, and Economic Growth : An Empirical Analysis

Ulku, Hulya - 2006

This paper investigates the main postulations of the Ramp;D based growth models that innovation is created in the Ramp …;D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of Ramp … for the period 1981-97. The results suggest a positive relationship between per capita GDP and innovation in both OECD and …

Persistent link: https://www.econbiz.de/10012783098

Global Declining Competition

Díez, Federico J - 2019

Using a new firm-level dataset on private and listed firms from 20 countries, we documentfive stylized facts on market power in global markets. First, competition has declinedaround the world, measured as a moderate increase in average firm markups during 2000-2015. Second, the markup increase...

Persistent link: https://www.econbiz.de/10012869288

And Schumpeter Said, "this is How Thou Shalt Grow" : The Further Quest for Economic Growth in Poor Countries

Beaugrand, Philippe - 2013

highlights several essential steps in creating a favorable environment for innovation and growth …

Persistent link: https://www.econbiz.de/10012754415

Competition, Innovation, and Inclusive Growth

Aghion, Philippe; Hasanov, Fuad; Cherif, Reda - 2022

We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad …-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the …

Persistent link: https://www.econbiz.de/10013306810

Instant Payments : Regulatory Innovation and Payment Substitution Across Countries

Khiaonarong, Tanai; Humphrey, David - 2022

Instant, or fast, payments are credit transfers completed and settled within seconds or minutes. They have low costs, reduce payment risk, and have significantly replaced the use of cash, cards, or check and direct debit payments. We note the role played by regulators in promoting instant...

Persistent link: https://www.econbiz.de/10014237875

Are There International R&D Spillovers Among Randomly Matched Trade Partners? : A Response to Keller

Coe, David T.; Hoffmaister, Alexander W. - 2021

Keller (1998) reexamines Coe and Helpman`s (1995) analysis of international R&D spillovers focusing on the weights used to define the foreign R&D capital stock. Keller creates random weights and shows that they give rise to positive estimates of international R&D spillovers, casting doubts on...

Persistent link: https://www.econbiz.de/10013317731

Vietnam's Development Success Story and the Unfinished SDG Agenda

Baum, Anja - 2020

Despite starting as one of the poorest countries in the mid-1980s, Vietnam has achieved rapid developmental progress, reaching lower middle-income status in 2010. In line with rapid economic growth, Vietnam has achieved impressive progress towards the Sustainable Development Goals (SDGs) during...

Persistent link: https://www.econbiz.de/10012839679

Does Child Marriage Matter for Growth?

Mitra, Pritha - 2020

Global attention to ending child marriage and its socio-economic consequences is gaining momentum. Ending child marriage is not only critical from a development perspective but it also has important economic implications. This paper is the first to quantify the relationship between child...

Persistent link: https://www.econbiz.de/10012840221

Gender Inequality and Economic Growth : Evidence from Industry-Level Data

Bertay, Ata Can - 2020

We study whether higher gender equality facilitates economic growth by enabling better allocation of a valuable resource: female labor. By allocating female labor to its more productive use, we hypothesize that reducing gender inequality should disproportionately benefit industries with...

Persistent link: https://www.econbiz.de/10012827585

Financial Deepening, Terms of Trade Shocks, and Growth Volatility in Low-Income Countries

Kpodar, Kangni - 2019

This paper contributes to the literature by looking at the possible relevance of the structure of the financial system-whether financial intermediation is performed through banks or markets-for macroeconomic volatility, against the backdrop of increased policy attention on strengthening growth...

Persistent link: https://www.econbiz.de/10012871772