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. Much of the progress has occurred at the level of microeconomic theories and evidence; however, progress in aggregation and …
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A spectral analysis of the Australian time series for the investment and savings ratios on quarterly data over the period from September 1959 to December 2005 reveals that the major cyclical components of the savings and investment ratios cohere strongly. This suggests there is a medium to long...
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This paper uses R/S analysis and fractional integration techniques to investigate persistence in the passion investment market. Specifically, it analyses 3 fine wine price indices, 10 diamond price indices, 15 art price indices, and 1 stamp price index at the daily, monthly and quarterly...
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and Lee (2010), and Polity IV Project datasets. The empirical analysis shows that conditional convergence occurs among the … countries in the sample and that FDI net inflows per worker slightly increases the speed of conditional convergence. This study …
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This article by Edward N. Wolff of New York University examines trends in convergence in OECD countries toward U … investment, education, and R&D in OECD countries accounting for the catch-up. The process of convergence seems to have ended in … the 1990s, reflecting slower growth in OECD countries, a diminishing of the forces behind the convergence process given …
Persistent link: https://www.econbiz.de/10005518976
This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small...
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