There is agreement in the literature on economic growth concerning the transitory effects of capital accumulation on … accumulation. Only in this case should expect long-run effects of capital accumulation on economic growth. Inspired by this idea, I … investment and infrastructures have played a significant role in accounting for long-run growth in China. However, I do not find …

In this paper, we investigate the robustness of the relationship between trade openness and long-run economic growth … a systematic manner. We find no evidence that trade openness is directly and robustly correlated with economic growth in … different trade openness proxies and none of the proxies is robustly associated with economic growth. The data evidence also …

The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in … economic research in the past 20 years. The positive or negative growth effects of a countryś regulatory framework are …. Therefore, the two potential determinants to growth might be interlinked. So far there is very little empirical evidence on the …

We analyze the dynamic interaction of Japan's total factor productivity, gross domestic product (GDP) domestic and … effects of permanent policy changes shows that (i) additional public R&D encourages private R&D and total factor productivity … (TFP), and has higher internal rates of return than private R&D changes and therefore could speed up Japan's growth; (ii …

Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key … on productivity growth. If the level of openness of an economy is doubled the underlying rate of technical progress will … the level of income but no effect on underlying productivity growth. Our preferred estimator combines high and low …

Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key … on productivity growth. If the level of openness of an economy is doubled the underlying rate of technical progress will … the level of income but no effect on underlying productivity growth. Our preferred estimator combines high and low …

show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level … MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use …, of the level of human capital on the level of income but no effect on underlying productivity growth. Our preferred …

Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key … on productivity growth. If the level of openness of an economy is doubled the underlying rate of technical progress will … the level of income but no effect on underlying productivity growth. Our preferred estimator combines high and low …

developments assesses whether an acceleration of productivity growth, the touchstone of the New Economy, is likely to occur in … institutional changes such as product and labour market deregulation have served as catalysts for growth. He then looks at the role … concludes that an acceleration in productivity in Europe is likely, as is a continuation of strong productivity gains in the …