Showing 1 - 10 of 1,959
This study presents novel empirical evidence on the optimal disaggregated public debt-growth threshold in the WAMZ over … the period 1996-2022. Determining the public debt-growth threshold in a disaggregated form is crucial for macroeconomic … capita income. Furthermore, they show that domestic debt appears to have less negative dampening effects on economic growth …
Persistent link: https://www.econbiz.de/10015045364
This paper adopts a fixed-effect panel methodology that enables us to take into account both TFP and neoclassical convergence. We use a sample of 76 countries, 1960-2003 and estimate TFP values obtained by using different estimators such as LSDV, Kiviet-corrected LSDV, and GMM a la Arellano and...
Persistent link: https://www.econbiz.de/10014215230
of health expenditure (% GDP) beyond which economic growth starts rising. Health expenditure (% GDP) is taken from OECD …
Persistent link: https://www.econbiz.de/10014158870
This paper has made an attempt to examine relationship between military expenditure and economic growth using 56 … expenditure on economic growth but this positive effect is negligible compared to the alternative uses of scare resources on non …-military expenditure. Thus, the effect of military expenditure on economic growth is very low compared to the effect of expenditure on …
Persistent link: https://www.econbiz.de/10012946629
augmented Solow growth model and, through the use of panel data, can include total factor productivity as a country … growth patterns can offer a satisfactory explanation of the observed cross-country income divergence of developed and …
Persistent link: https://www.econbiz.de/10013023702
In the present paper it will be shown that trade unions have a positive impact on economic growth. This finding is in …
Persistent link: https://www.econbiz.de/10013136300
In the present paper an empirical analysis with panel data will point out that Government Debt as a percentage of GDP either reduces or lets unaffected Banking solvency. This “not clear” finding is attributed to the assumptions of the method of estimation. In fact, present paper raises also...
Persistent link: https://www.econbiz.de/10013117176
); (Georgiou, 2010) who assert that unionism promotes economic growth thus causing ceteris paribus a decline in the share of …
Persistent link: https://www.econbiz.de/10013097555
Kuznets famous paper was referring to the early stages of industrialization where as countries become richer income inequality first rises and then falls. In the present paper examining Western European countries during the period 1995 – 2006 Kuznets curve has a different shape. This paper is...
Persistent link: https://www.econbiz.de/10013148041
In the present paper, through an empirical analysis, the view of Corsini (2010) will be supported and will be further discussed that education is panacea. The sample covers all industrialised world. Data are taken from Eurostat. The elaboration of these panel data is made feasible by means of...
Persistent link: https://www.econbiz.de/10013083764