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Summary Remittances may have an impact on economic growth through channels to physical and human capital. We estimate an open economy model of these two channels consisting of seven equations using the general method of moments with heteroscedasticity and autocorrelation correction (GMM-HAC)...
Persistent link: https://www.econbiz.de/10014609247
Remittances may have an impact on economic growth through channels to physical and human capital. We estimate an open economy model of these two channels consisting of seven equations using the general method of moments with heteroscedasticity and autocorrelation correction (GMM-HAC) with pooled...
Persistent link: https://www.econbiz.de/10008583594
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This paper addresses the controversial issue of the direct and indirect effects of public R&D on growth. We look at six variables of R&D-driven growth jointly for 14 OECD countries using methods of dynamic systems for panel data analysis: GDP, technical change, domestic and foreign businesses...
Persistent link: https://www.econbiz.de/10015071017
We analyze the dynamic interaction of mission-oriented R&D expenditure stocks with domestic and foreign private and public R&D, total-factor-productivity (TFP), and gross domestic product (GDP) for seven EU countries. We use the vector-error-correction method. Permanent changes on...
Persistent link: https://www.econbiz.de/10013174806