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international trade, economic development and growth. We summarize the main conceptual issues, discuss the relevance of the RER as … RER to trade and long run growth and development, analyze the challenges - especially the disconnect between theory and …
Persistent link: https://www.econbiz.de/10012249638
This paper reviews recent economics literature on culture, with an emphasis on its relation to the field of long-run growth and development. It examines the key issues debated in the new cultural economics: causal effects of culture on economic outcomes, the origins and social costs of culture,...
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We survey the recent literature on growth empirics in this paper. Modern growth economics has led to a rich and wide-ranging empirical literature replete with many new methodologies and many new findings. Yet in comparing the modern empirical literature to the traditional growth accounting...
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(1995) index of trade liberalisation for 193 countries up to 2010, and then investigates the impacts of trade liberalisation … results show that the impact of trade liberalisation on economic growth differs across countries depending on the stage of … countries from the trade liberalisation. This finding makes a strong case for taking into account the stage of economic …
Persistent link: https://www.econbiz.de/10013030928
The purpose of the chapter is to analyze Africa's economic successes in the past half century, to understand not only what made it possible but also and more importantly what risk factors may eventually bring it to an end or compromise it. While it may not be possible for Africa to alter, for...
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creates continuous and dichotomous indices. We use the SVM indices to investigate the effect of democratic institutions on …
Persistent link: https://www.econbiz.de/10011804191