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policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …
Persistent link: https://www.econbiz.de/10013029623
This paper empirically tests the hypothesis that trade can act as an engine of growth using panel data for the Southern … formation was the need to accelerate, foster, and encourage the region's growth. Our results indicate that during the period … covered by this study (2005-2017), export expansion stimulated growth, more openness to trade reduced it, and that the …
Persistent link: https://www.econbiz.de/10012823307
propositions and empirical tests consistent with these trends via a general-equilibrium model of endogenous growth where human … capital, population, income growth and distribution, and migration trends are endogenous. We derive new insights about the … impact of migration on long-term income growth and distribution, and the net benefits to natives in both destination and …
Persistent link: https://www.econbiz.de/10013001874
We use recent immigration data from 195 countries and propose an index of population diversity based on people's birthplaces. This new index is then decomposed into a size (share of foreign born) and a variety (diversity of immigrants) component and is available for 1990 and 2000 disaggregated...
Persistent link: https://www.econbiz.de/10013076803
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between political and economic development is U-shaped: "intermediate" political regimes significantly lead to inferior economic...
Persistent link: https://www.econbiz.de/10014076385
integration, the average Norwegian region would have experienced an increase in yearly productivity growth of about 0.6 percentage …
Persistent link: https://www.econbiz.de/10014084021
-specific human capital drives endogenous growth. Our model suggests that institutional factors supporting free markets for goods and … ideas, and higher educational attainments of entrepreneurs and workers, enhance endogenous economic growth by augmenting the …
Persistent link: https://www.econbiz.de/10012946576
This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … growth. Credit guarantee is one of the most significant positive links between economic growth and democracy. The marginal …
Persistent link: https://www.econbiz.de/10012950922
due to absence of a market for these services or poverty. This paper synthesizes the findings of the International Growth … quality of public services affects economic growth via its impact on poverty alleviation, human capital formation and … quality of public service delivery and spur economic growth …
Persistent link: https://www.econbiz.de/10012952620
Exploiting a novel geo-referenced data set of population diversity across ethnic groups, this research advances the hypothesis and empirically establishes that variation in population diversity across human societies, as determined in the course of the exodus of humans from Africa tens of...
Persistent link: https://www.econbiz.de/10012954071