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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 …
Persistent link: https://www.econbiz.de/10005157594
This study investigates the relationship between openness and growth for a sample of 34 African countries over the … significant impact of openness on output growth and causality that runs only from openness to growth. …
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growth as it “opens up” is contingent upon its own peculiarities …
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condition to achieve good governance and high growth. Openness acts as a disciplining force on government regardless of whether …. Good governance and high and shared growth often top the list of conditions necessary to achieve ethnic peace. How to get …
Persistent link: https://www.econbiz.de/10009365043
with the hypothesis that the link between trade openness and long-run growth operates mainly through imports. This finding …In this paper, we analyze the role played by capital goods imports in the long-run growth of developing countries. We … determinants of the long-run growth rate of per capita GDP over the analyzed period. Furthermore, our results are also consistent …
Persistent link: https://www.econbiz.de/10010703096
on economic growth is affected by wealth inequality.  The results suggest (a) that opening to trade tends to accelerate … growth but (b) that the addition to growth depends inversely on the level of wealth inequality prior to opening.  These … findings confirm the general importance for rapid growth in developing countries of reducing inequality of opportunity. …
Persistent link: https://www.econbiz.de/10011004246
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 …
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