suffer from the absence of large world-class companies, but rather from the absence of growing companies in new high … stimulating and disciplining environment for large companies while at the same time facilitating the growth of young innovative …

resort to stochastic frontier analysis. Results show that private capital is important for growth, although public and human …

of equipment and software grow on average 3 percentage points faster annually - a doubling of their growth rates. Quality …-adjusted output grows 0.46 percentage points faster annually - a 20 percent increase. In terms of growth accounting, quality … adjustment subtracts 11 percentage points from the share of TFP in aggregate growth and adds them to the share of equipment stock …

The number of variables related to long-run economic growth is large compared with the number of countries. Bayesian … model averaging is often used to impose parsimony in the cross-country growth regression. The underlying prior is that many …. The positive relationship between measures of trade openness and growth is much stronger than found in the literature. …

, Turkeyu0092s economy is just 1.9% of EU-25 GDP. Assuming average annual growth of 5%, it would be 2.9% of GDP on accession in …

poverty eradication made by the International Community in the UN Millennium Declaration. They include halving world poverty … and hunger by 2015, as well as reaching universal primary education, reducing under-5 and maternal mortality by two thirds … access, lessen the debt burden, channel financial resources and provide development assistance to the developing world, which …