Inevitable population aging and slower population growth will affect the economies of all nations in ways influenced by … partially offsets slower labor force growth. Research to date finds little effect on technological progress or labor …

growth that depends critically on the assimilation ability and the factor input mismatch. Our baseline model accounts for 80 … ability account for 41% and 20% of the global growth variation, whereas physical capital accounts for about one third with … human capital largely inconsequential. In particular, about 30% of the output growth in miracle Asian economies comes from …

that luminosity has more value added for economic density estimates than for time-series growth rates …

substantially reduce economic growth in poor countries but have little effect in rich countries. Second, higher temperatures appear … to reduce growth rates in poor countries, rather than just the level of output. Third, higher temperatures have wide … instability. Analysis of decade or longer climate shifts also shows substantial negative effects on growth in poor countries …

We examine the effects of aid on growth--in cross-sectional and panel data--after correcting for the bias that aid … evidence of a positive (or negative) relationship between aid inflows into a country and its economic growth. We also find no … the question: what aspects of aid offset what ought to be the indisputable growth enhancing effects of resource transfers …

dividend yield falls by 240 basis points. Second, the growth rate of the capital stock increases by an average of 1 ….1 percentage points per year. Third, the growth rate of output per worker rises by 2.3 percentage points per year. Since the cost … of capital falls, investment booms, and the growth rate of output per worker increases when countries liberalize the …

growth reducing in both Africa and Latin America, with the most striking changes taking place in Latin America. The bulk of … to which) structural change contributes to overall productivity growth. In countries with a relatively large share of … natural resources in exports, structural change has typically been growth reducing. Even though these "enclave" sectors …

This paper revisits the association between investment and growth. The empirical findings highlight substantial … heterogeneity for the effect of investment on growth and suggest a possible negative association. Results based on a battery of … cross-sectional and time-series regressions show that the link between investment and growth has weakened over time and that …