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One of the most fundamental issues worldwide is the economic interdependence of countries which affects their economic growth. Some new growth theorists such as Mankiw et al., Islam, Ertur and Koch, Lee, Yu and Yu Ho et al. consider geographical proximity and trade as spatial variables. This...
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While Indonesia has been experiencing relatively considerable and stable economic growth in the last decades, the country is prone to income disparity across regions due to uneven distribution of population, natural resources and the persistent impacts of centralized development imposed by the...
Persistent link: https://www.econbiz.de/10014001321
such arguments are supported by New Growth Theory. However, the implementation of the new theory required compliance to a … need of New Growth Theory. The stylized facts of the West African Economic and Monetary Union (WAEMU) have been compared to … the standard facts of Romer and Jones in order to apply the recommendations of New Growth Theory in this area. To reach …
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gesamtwirtschaftliche Entwicklung spielen. Dies gilt offenbar vor allem dann, wenn die Bankenregulierung schwach ist und Banken nicht …
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The paper empirically examines the differential effects of trade on economic growth and investment based on cross-country data. In general, the results are largely consistent with the positive impact of trade on economic growth as found in the literature. However, the empirical results based on...
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Purpose - The present study aimed to examine the relationship between information and communication technologies (ICT) diffusion, financial development and economic growth in the panel of developing countries for 2005-2019. Design/methodology/approach - The study employed the principal component...
Persistent link: https://www.econbiz.de/10014516446
Most scientific literature assumes that entrepreneurial activity, in a broad sense, is positive for economic growth. Our work analyses 74 economies in a period of 6 years, identifying those factors related simultaneously with an entrepreneurial spirit and economic growth. The results enable to...
Persistent link: https://www.econbiz.de/10014525583