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about the evolution and dynamics of output growth? Largely, no. Second, the existence and magnitude of output externalities …
Persistent link: https://www.econbiz.de/10014023732
growth quality in 93 developing countries with data for the period 1990-2011. Sigma and Beta estimation strategies are used …, resource-wealth, state fragility and time-consistent growth quality (GQ) performance. First, for ‘within dispersions' the …
Persistent link: https://www.econbiz.de/10012948481
Empirical growth regressions typically include mean years of schooling as a proxy for human capital. However, empirical … growth, our results suggest that mean years of schooling is not a statistically relevant variable in growth regressions …
Persistent link: https://www.econbiz.de/10013089004
Empirical growth regressions typically include mean years of schooling as a proxy for human capital. However, empirical … growth, our results suggest that mean years of schooling is not a statistically relevant variable in growth regressions …
Persistent link: https://www.econbiz.de/10009681433
growth quality in 93 developing countries with data for the period 1990-2011. Sigma and Beta estimation strategies are used …, resource-wealth, state fragility and time-consistent growth quality (GQ) performance. First, for "within dispersions" the …
Persistent link: https://www.econbiz.de/10011721104
the data on the quantity of schooling which have been most commonly used in the growth literature. This paper describes … variables in empirical analyses of the determinants of income and welfare levels and growth rates. A final section investigates …
Persistent link: https://www.econbiz.de/10013312626
Although ideas production plays a critical role for growth, there has been only a modicum of research on the role … played by financial forces in fostering new inventions. Drawing on Schumpeterian growth theory, this paper tests the roles of … framework, on the other hand, curbs innovative production. Schumpeterian growth ; financial development ; venture capital …
Persistent link: https://www.econbiz.de/10009553016
Externalities play a central role in most theories of economic growth. We argue that international externalities, in … particular, are essential for explaining a number of empirical regularities about growth and development. Foremost among these is … that many countries appear to share a common long run growth rate despite persistently different rates of investment in …
Persistent link: https://www.econbiz.de/10014023776
This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces … growth. However, when we identify an inequality threshold, we find that inequality is positively associated with growth if …
Persistent link: https://www.econbiz.de/10010465444
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011305273