This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...

This study is an attempt to test the hypothesis “international trade contributes to economic growth through its effects on human capital accumulation.” To assess the hypothesis empirically, we employed the extended Neo-Classical growth model that reflects some features of the endogenous...

The impact of foreign direct investment on the host country’s economic growth has been a source of debate in past theoretical and empirical investigations. The PMG/ARDL model, which has a practical advantage in examining the effect of foreign direct investment in the short and long run, has...

The article refers to the new Synthetic Efficiency Indicator for Economic Growth (SEI-EG) proposed in an earlier publication. Research from 2016-2018 in 11 EU countries revealed small nations were notably more effective at sustainable growth than their larger counterparts. This prompted the...

We construct estimates of quarterly GDP for Ireland from 1950, linking to official data from 1995 onward, using a novel factor-augmented Chow-Lin interpolation. Compared to the only alternative series (OECD, 2025), our procedure exploits the variation in a large number of official quarterly...

The Solow model is widely regarded as the workhorse model of the theory of economic growth. Although at one point this model was first encountered in graduate school, it has since filtered down to the intermediate and, occasionally, to the principles of macroeconomics course. Many have commented...

We review some patterns of Total Factor Productivity (TFP) growth in the Mexican economy during the period 1991-2011 using the KLEMS data set published by INEGI in 2013. The data shows a strong positive correlation between TFP and output growth. As a result, tests were performed in order to...

This study is an attempt to test the hypothesis 'international trade contributes to economic growth through its effects on human capital accumulation.' To assess the hypothesis empirically, we employed the extended Neo-Classical growth model that reflects some features of the endogenous growth...