Showing 1 - 10 of 4,744
This study looks at some non-conventional determinants of economic growth, with the help of the newly developed economic freedom index datasets of the Heritage Foundation/Wall Street Journal(HF/WSJ), which is a cumulative index derived from several sub-indices (trade freedom index, financial...
Persistent link: https://www.econbiz.de/10011448023
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10014184424
sharing certain characteristics with rich countries or regions. Good institutions such as strong property rights and rule …
Persistent link: https://www.econbiz.de/10012965667
characteristics with rich countries. Good institutions such as strong property rights and rule-of-law are key amongst those … those institutions to developing countries. Worse, good informal institutions seem to be a necessary condition for formal … institutions to “stick”. However, to the extent that good institutions can arise as a “spontaneous order” from individuals …
Persistent link: https://www.econbiz.de/10013061210
Persistent link: https://www.econbiz.de/10009236793
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10009739171
The problem faced by many of the economies making up the Association of Southeast Asian Nations (ASEAN) is whether they can avoid the middle-income trap and advance to the high-income level. What is needed for them to avoid the middle-income trap? This paper attempts to answer this question by...
Persistent link: https://www.econbiz.de/10013081920
The problem faced by many of the economies making up the Association of Southeast Asian Nations (ASEAN) is whether they can avoid the middle-income trap and advance to the high-income level. What is needed for them to avoid the middle-income trap? This paper attempts to answer this question by...
Persistent link: https://www.econbiz.de/10009742011
their economic structures by improving the relevant institutions and governance. …
Persistent link: https://www.econbiz.de/10011755500
This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world economy, taking as a starting point recent empirical evidence about the importance of total factor productivity and human capital in explaining current cross-country...
Persistent link: https://www.econbiz.de/10012443085