Showing 1 - 7 of 7
Many studies have estimated the growth effects of globalization where globalization was measured with a few economic variables, ignoring its social and political dimensions. Recently Dreher (2006) has developed a comprehensive measure of globalization with several variables from the economic,...
Persistent link: https://www.econbiz.de/10005836974
This paper estimates the steady state growth rate for Ireland with an extended version of the Solow (1956) growth model. We show that the education and trade openness have played an important role to improve the long-run growth rate. Policies to further improve the long-run growth rate are...
Persistent link: https://www.econbiz.de/10009004053
The growth effects of human capital, measured in various ways, are controversial and inconclusive. In this paper we estimate the growth effect of human capital with country specific time series data for Australia. In doing so, we extended the Solow (1956) growth model by using educational...
Persistent link: https://www.econbiz.de/10009368148
The trend growth rate of the Italian economy has been declining since the 1980s. To examine how to offset this trend, we estimate a simple specification of an endogenous growth model. Cointegrating equations for the long-run output growth and its determinants are estimated with alternative time...
Persistent link: https://www.econbiz.de/10008693562
The trend growth rate of the Italian economy has been declining since the 1980s. To examine how to offset this trend, we estimate a simple specification of an endogenous growth model. Cointegrating equations for the long-run output growth and its determinants are estimated with alternative time...
Persistent link: https://www.econbiz.de/10008695090
This paper examines the determinants of economic growth in Guatemala, with a particular focus on schooling. Results based on the error-correction methodology show a better educated labour force has a positive and significant impact on economic growth during 1951-2002. Consistent with micro...
Persistent link: https://www.econbiz.de/10008568615
The relationship between globalization and economic growth, especially in the poorer developing countries, is controversial. Many previous studies have used single globalization indicators such as the ratio of exports plus imports to GDP. This paper uses a comprehensive measure of a...
Persistent link: https://www.econbiz.de/10008543775