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Persistent link: https://www.econbiz.de/10010335176
In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
Persistent link: https://www.econbiz.de/10010427417
Economics literature suggests that, even in the absence of fiscal costs, a persistently high and increasing public debt ratio may have a detrimental effect on long run economic growth in an economy that is not over-accumulating capital like Finland today. High public debt creates expectations...
Persistent link: https://www.econbiz.de/10014278511
DIW Berlin has examined the effects of investment in research and development on economic growth in Germany and other OECD countries. Their results show that an increase of one percentage point in research and development spending in the economy as a whole leads to a short-term average increase...
Persistent link: https://www.econbiz.de/10011319159
Das DIW Berlin hat die Wachstumswirkungen von Investitionen in Forschung und Entwicklung in Deutschland und weiteren OECD-Ländern untersucht. Demnach führt ein Anstieg des Wachstums der gesamtwirtschaftlichen Forschungsausgaben um einen Prozentpunkt kurzfristig zu einer Erhöhung des Wachstums...
Persistent link: https://www.econbiz.de/10011324346
Germany has had an extremely low growth performance since 1995. The paper looks at the long-run reasons for this loss of economic dynamics besides German unification: These include leaving labor idle, a declining share of investment in GDP, a weaker innovative activity, an ineffective system for...
Persistent link: https://www.econbiz.de/10010265594
This paper investigates the impact of foreign direct investment (FDI) on economic growth in a sample of 10 ex-socialist European and Asian countries. While the link between FDI and economic growth has been extensively investigated in empirical literature, this paper contributes to this...
Persistent link: https://www.econbiz.de/10014520608
institutional settings. There is a much alluded-to,but under-investigated, link between economic growth, innovation systems, and … institutions.There is widespread agreement among most economists on the positive reinforcing linkbetween innovation and growth …. However, the importance of institutions as catalysts in thislink has not been adequately examined. The concept of innovation …
Persistent link: https://www.econbiz.de/10009475905
widely recognized that the supply of entrepreneurial talent is likely to be important for economic growth, innovation and job …
Persistent link: https://www.econbiz.de/10010281159
widely recognized that the supply of entrepreneurial talent is likely to be important for economic growth, innovation and job …
Persistent link: https://www.econbiz.de/10010281249