This North-South model of Schumpeterian endogenous growth combines a market, productivity and knowledge effect. A set … of various convergent and divergent growth paths is derived that is much richer than in the literature so far. South …. Not only a larger Southern market size, but also a higher Southern steady state growth rate benefit the North so that …

growth rates, i.e. the European countries do not move along diverging growth paths. Nevertheless, departures over the … business cycles are possible because persistence in output growth differs across countries. …

This paper investigates the role intangible capital plays for economic growth in different sectors in Germany. It … growth at the sector level by performing growth accounting analyses. We find that German firms have boosted investments in … sector trade & transport. Intangible assets have stimulated labour productivity growth in all sectors. The contribution …

Public sector centralization, public inputs, economic growth, fiscal federalism …

This study analyzes the sensitivity of US giving to both business cycle fluctuations and trend growth. With tax …. Steuereinnahmen reagieren sensitiv auf Wirtschaftswachstum und konjunkturelle Schwankungen. Damit stellt sich zunächst die Frage, bis …

In this paper, a new approach to disclose the impact of politics on economic growth is presented: we use data derived … growth negatively; those which proposed incentives for business as well as technology and infrastructure had a positive … impact. Moreover, the robustness of the results is demonstrated in a model averaging framework. -- Economic growth …

lay the theoretical base followed by a descriptive view on the relation between inflation, growth and tax revenues in the …