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from a long-run perspective by assessing the relationships between population growth and a plethora of investment dynamics …) deplete public investment but augment domestic investment in Zambia; (4) diminish private investment and improve domestic … investment in the Congo Republic and Sudan respectively. Practical implications - Mainstream positive linkage of population …
Persistent link: https://www.econbiz.de/10011410551
A country's growth of output is identically equal to its ratio of investment to output and the productivity of … investment. In "new" growth theory regressions, which include the investment ratio, all other included variables pick up why the … productivity of investment differs between countries. This paper converts a "new" growth theory regression equation into …
Persistent link: https://www.econbiz.de/10011617404
investment through wide-ranging structural reforms. Areas that require reforms include the regulation of product and labour … institutions are particularly relevant, would stimulate private investment, facilitating the creation of new firms and jobs, and …
Persistent link: https://www.econbiz.de/10011823732
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10009665630
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10008906821
This paper proposes a theory for the evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and knowledge spillovers creates a unified growth theory that explains a long epoch of (quasi-) stasis and an epoch of high growth linked by...
Persistent link: https://www.econbiz.de/10003817154
puzzle. An analysis of the components of capital flows and of gross portfolio positions shows that foreign direct investment … is directed towards countries with the highest growth rates, but that portfolio investment outflows exceed these inflows …
Persistent link: https://www.econbiz.de/10011295656
investment using panel data techniques. Among other results, we confirm the high importance of tangible and intangible ICT … ICT investment, tackling the barriers to ICT adoption and broad-based digitalisation are critical for the EU in order to …
Persistent link: https://www.econbiz.de/10012232879
investment, though may be exogenous to growth, has been identified to bring about productivity and ecological spillovers. In view … domestic or foreign investments in Nigeria. The results show that domestic investment increases CO2 emissions in the short run … while foreign investment decreases CO2 emissions in the long run. When the dataset is decomposed into three sub-samples in …
Persistent link: https://www.econbiz.de/10012115869
We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels … depends on the BRICs’ local capacity to absorb superior technologies and on domestic investment. …
Persistent link: https://www.econbiz.de/10010479372