This paper employs dynamic panel models; Pooled Mean Group (PMG) and Mean Group (MG) estimators to assess the growth … growth of African countries in the long-run. The study also found that inflows of FDI crowds-in DI in Africa and that there … is significant difference in the growth effects of foreign direct investment and domestic investment while the joint …

environment and support convergence through growth …

In this paper, we empirically investigate the causal nexus between economic growth (GDP), CO2 emissions (environmental … causality verifies that bidirectional causal connection is found between economic growth, environmental degradation (CO2 …

The theoretical richness and variety of the new growth literature can make it difficult to capture the essence of … growth models. With this paper, we wish to provide one possible integrating view of the nature of the growth generating … processes. Revisiting the models that constitute the core of growth theory, we expose analytically the main mechanisms through …

, and the long-run motive is to influence income growth of the countries. The empirical findings so far are skeptical on the …-run dynamics among R&D spending, number of patents and per capita income growth in the panel of countries and groups for the period … income growth have no long-run equilibrium relations but in the short-run, income growth and number of patents make a cause …

) in Sri Lanka's economic growth experience. We do this by first determining which endogenous growth theories best explain … that semi-endogenous growth theories best explain the evolution of TFP in Sri Lanka. This evidence suggests that R&D is … critical to the country's TFP expansion. We find that, through R&D, EPU has a crucial detrimental impact on TFP growth …