Showing 1 - 10 of 7,687
Empirical studies outline developing countries' experience economic growth through an undervalued exchange rate and … that exchange rate overvaluations have negative long term effects on economic growth. This paper examined the impact of … exchange rate movements as well as exchange rate misalignments on economic growth for the Trinidad and Tobago economy over the …
Persistent link: https://www.econbiz.de/10012009873
The paper discusses the issue of estimating short- and long-run exchange rate pass-through to import prices in euro area countries and reviews some problems with the measures recently proposed in the literature. Theoretical considerations suggest a cointegrating relationship (between import unit...
Persistent link: https://www.econbiz.de/10010295304
What is the impact of taxation on growth? Is it supported by specific taxes and harmed by others? We use an error … correction model to study the relationship between the tax composition and GDP growth in the EU27 Member States over the period … (personal income tax) is growth-enhancing. In addition, growth is positively associated with a higher share of corporate income …
Persistent link: https://www.econbiz.de/10014550222
This study presents novel empirical evidence on the optimal disaggregated public debt-growth threshold in the WAMZ over … the period 1996-2022. Determining the public debt-growth threshold in a disaggregated form is crucial for macroeconomic … capita income. Furthermore, they show that domestic debt appears to have less negative dampening effects on economic growth …
Persistent link: https://www.econbiz.de/10015045975
This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on economic growth. And second, the contribution of immigrants to human capital accumulation tends to dominate the …
Persistent link: https://www.econbiz.de/10010481589
This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on GDP per capita, and second, a permanent increase in migration ows has a positive effect on productivity growth …. However, the growth impact of immigration is small even in countries that have highly selective migration policies. …
Persistent link: https://www.econbiz.de/10010531867
, allowing an understanding of growth and inequality in the region. The region has experienced Ø- and σ-convergence …; however, growth rates of per capita gross domestic product are low at aggregate and sectoral levels. At sectoral level, the … sectors such as education and health can enhance growth rate, whereas the overall revenue expenditure retards growth …
Persistent link: https://www.econbiz.de/10012424163
In this study, we examine the contributions of growth and redistribution to poverty reduction in Mexico during the … reduction into components arising from growth, improved income distribution, and heterogeneous inflation. We find the component … level from the household data and estimate a system of equations that characterize the dynamic relationship between growth …
Persistent link: https://www.econbiz.de/10013205104
This paper aims to decompose the sources of growth in economies in the Southern African region's Common Monetary Area … and in the provinces of South Africa. Decomposition results for the Common Monetary Area reveal that the growth of … from shifts in technology. Countries experiencing input-driven growth in the secondary sector, such as Namibia and Eswatini …
Persistent link: https://www.econbiz.de/10012651102
Employing propensity score reweighting and event-based strategies, we provide evidence that sustained real exchange rate (RER) misalignments have significant effects on economic development: positive on GDP per capita and capital stock in the case of undervaluation, and negative on the capital...
Persistent link: https://www.econbiz.de/10013467125