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Articles 1 - 15 of 15
Full-Text Articles in Social and Behavioral Sciences
The Growth-Differential Effects Of Domestic Investment And Foreign Direct Investment In Africa, Victor U. Ijirshar, Gbatsoron Anjande, Joseph Fefa, Bridget N. Mile
The Growth-Differential Effects Of Domestic Investment And Foreign Direct Investment In Africa, Victor U. Ijirshar, Gbatsoron Anjande, Joseph Fefa, Bridget N. Mile
CBN Journal of Applied Statistics (JAS)
This paper employs dynamic panel models; Pooled Mean Group (PMG) and Mean Group (MG) estimators to assess the growth-differential effects of Foreign Direct Investment (FDI) and Domestic Investment (DI) among 41 selected African countries from 1970 to 2017. The result of Hausman test shows that PMG estimator is preferred. The study found that FDI and DI are important grease for growth of African countries in the long-run. The study also found that inflows of FDI crowds-in DI in Africa and that there is significant difference in the growth effects of foreign direct investment and domestic investment while the joint effects …
Revisiting India's Growth Transitions, Deepankar Basu
Revisiting India's Growth Transitions, Deepankar Basu
PERI Working Papers
This paper reconsiders two questions relating to India’s economic growth: structural breaks in growth and the impact of equipment investment on aggregate economic growth. First, statistical tests of structural change show that economic growth in post-independence India has witnessed four structural breaks: in 1964-65, in 1978-79, in 1990-91, and in 2004-05. However, substantial growth accelerations, i.e. increase of more than 1.0% per annum in the growth rate of per capita real GDP, occurred only at two points: 1978-79 and 2004-05. Second, to analyze the impact of equipment investment on growth, I use an ARDL bounds testing methodology. I find a …
Kick-Starting Economic Growth: An Interview With Dr K. V. Subramanian, India's Chief Economic Advisor, K V Subramanian, Havovi Joshi
Kick-Starting Economic Growth: An Interview With Dr K. V. Subramanian, India's Chief Economic Advisor, K V Subramanian, Havovi Joshi
Asian Management Insights
Dr K. V. Subramanian emphasises the importance of higher investment rates, good quality loans, and structural reforms for boosting India’s economic growth.
Migrants And Refugees: Are They Holding Us Back Or Pushing Us Forward?, Dany Bahar
Migrants And Refugees: Are They Holding Us Back Or Pushing Us Forward?, Dany Bahar
Brookings Scholar Lecture Series
As part of the Brookings Scholar Lecture Series, Brookings Mountain West presents a lecture titled "Migrants and Refugees: Are they holding us back or pushing us forward?" by Brookings Fellow in Global Economy and Development, Dany Bahar. It is often cited that human mobility is key to economic growth and productivity. Evidence also points to the economic costs and benefits of international migration for both the sending and receiving countries. This lecture explores if roads to economic growth and prosperity require restrictions to migration, or quite the contrary.
Environmental Degradation And Economics Growth: Testing The Environmental Kuznets Curve Hypothesis (Ekc) In Six Asean Countries, Zhen Yang (Rex) Chng
Environmental Degradation And Economics Growth: Testing The Environmental Kuznets Curve Hypothesis (Ekc) In Six Asean Countries, Zhen Yang (Rex) Chng
Journal of Undergraduate Research at Minnesota State University, Mankato
Environmental issues have been widely reported in recent years. From climate change to plastic waste, environmental quality is deteriorating at an unprecedented speed in human history. Environmental degradation is believed to have tied to the different stages of a country’s economic growth, as the Environmental Kuznets Curve (EKC) hypothesis suggested. Despite the proliferation of research about the EKC hypothesis, no consensus has been reached in the field regarding the validation of the hypothesis. This paper employs time-series methods to empirically investigates the impacts of economic growth, trade openness, energy consumption, and foreign direct investment on environmental degradation in six selected …
The Political Economy Of Foreign Aid And Growth: Theory And Evidence, Sultan Mehmood, Avner Seror
The Political Economy Of Foreign Aid And Growth: Theory And Evidence, Sultan Mehmood, Avner Seror
ESI Working Papers
In this paper, we demonstrate that even when foreign aid is used to fund patronage, it may still have a positive - and significant - effect on economic growth in developing countries. First, we present a theory that formalizes the effect of aid on economic growth and patronage. Next, we provide evidence from Pakistan consistent with the predictions of the model that foreign aid increases economic growth, despite being used for patronage. The identification strategy we propose allows us to provide causal evidence for the predictions of the model.
Income Redistribution, Economic Freedom, And State Growth As Considerations For Location Strategy, Dennis Pearson
Income Redistribution, Economic Freedom, And State Growth As Considerations For Location Strategy, Dennis Pearson
Atlantic Marketing Association Proceedings
No abstract provided.
The Devaluation Of Assets In Black Neighborhoods: How Racism Robs Homeowner Of The American Dream, Andre Perry
The Devaluation Of Assets In Black Neighborhoods: How Racism Robs Homeowner Of The American Dream, Andre Perry
Brookings Scholar Lecture Series
Homeownership lies at the heart of the American Dream, representing success, opportunity, and wealth. However, for many of its citizens, America deferred that dream. For much of the 20th century, the devaluing of black lives led to segregation and racist federal housing policy through redlining that shut out chances for black people to purchase homes and build wealth, making it more difficult to start and invest in businesses and afford college tuition. This lecture explained how much money majority-black communities are losing in the housing market stemming from racial bias, finding that owner-occupied homes in black neighborhoods are undervalued by …
How Technology Will Change Our Built Environment, Adie Tomer
How Technology Will Change Our Built Environment, Adie Tomer
Brookings Scholar Lecture Series
As part of the ongoing Brookings Scholar Lecture Series, Brookings Mountain West presented a lecture titled, "Digital Place: How Technology Will Change Our Built Environment" by Fellow in Metropolitan Policy, Adie Tomer on February 6, 2019. Digital technologies promise to upend nearly every component of the economy, including how we work, shop, travel, and even live inside our homes. There is too little conversation about how adoption of various technologies will interact with the current built environment and the policies that guide future investment. This lecture explores how the economy currently functions, where technology will transform economic functions, and how …
Oil Prices And Economic Growth: Cases Of Canada And Usa, Seth Kwei Etsibah-Tackie
Oil Prices And Economic Growth: Cases Of Canada And Usa, Seth Kwei Etsibah-Tackie
Major Papers
The effects of oil prices on economies has been subjected to a lot of scrutiny since the 1960’s. This study conducts an analysis of the impact of oil price shocks on two oil exporting nations, Canada and USA. The transmission mechanisms of oil price changes to any economy vary from the supply effect to the demand effect. High crude oil prices impact the Canadian economy and USA through a variety of channels, in both positive and negative ways. Ceteris paribus more revenue is made when oil prices increase. In this study, I run an ordinary least square estimation with time …
Essays On Institutions And Development, Andrew Jonelis
Essays On Institutions And Development, Andrew Jonelis
Theses and Dissertations--Economics
The essays in this dissertation examine how political institutions affect economic development. In the first essay, I examine how executive control of the legislature shapes the time horizon of governing politicians and its effect on economic growth. The second essay examines how border changes over the past two centuries have provided different areas within modern countries with different institutional histories and how this affects the geographic concentration of economic activity. For the final essay, I examine whether elections have an effect on macroeconomic volatility when controlling for the democratic nature of the regime.
Health And Natural Capital In An Augmented Solow Growth Model, Sa-Ad Iddrisu
Health And Natural Capital In An Augmented Solow Growth Model, Sa-Ad Iddrisu
Wayne State University Dissertations
This dissertation explains output growth in nations using two different forms of economic capital (health and natural capital) in separate models under paper 1 and 2. In paper 1, income per worker’s growth in the emerging market economies and developing economies is estimated using health capital. Previous studies done on health capital and output growth have mostly focused on Organization for Economic Co-operation and Development (OECD) and advanced economies, but I focused on emerging market economies and developing economies. I examined the association amongst health capital and economic growth in an augmented Solow Model, using total HEX per capita and …
Blockchain Technology - China's Bid To High Long-Run Growth, Tyler J. Mann
Blockchain Technology - China's Bid To High Long-Run Growth, Tyler J. Mann
Gettysburg Economic Review
Despite having the second largest economy at $13 trillion, China has only recently surpassed the World Bank’s definition of the ‘middle-income range’ which is a gross national income per capita between $1,000 to $12,000 (constant 2011 international $). This is a noteworthy accomplishment since many other developing nations have fallen victim to economic stagnation within this range leading to the term “middle-income trap”. This paper will argue that one of the ways in which China escaped the middle-income trap and will continue to grow its economic influence is through the support of blockchain technology. Research and development, early technological adoption …
Stock Market Development And Economic Growth: Empirical Evidence From Nigeria, Obinna Franklin Ezeibekwe
Stock Market Development And Economic Growth: Empirical Evidence From Nigeria, Obinna Franklin Ezeibekwe
2019 Awards for Excellence in Student Research and Creative Activity – Documents
Considerable debate exists on how stock exchanges affect economic growth. One line of research argues that stock market development is a positive and significant contributor to growth. On the other hand, other studies show that stock markets negatively affect growth or that they are not relevant contributors to economic growth. This paper seeks to identify the correlation between stock market development and long-run economic growth in Nigeria using the vector error correction modeling. Empirical results suggest that stock market development, as proxied by market capitalization to GDP ratio, does not contribute significantly to long-run economic growth in Nigeria. The implication …
Senegal’S Unsustainable Economic Growth., Amadou Konteye
Senegal’S Unsustainable Economic Growth., Amadou Konteye
Dissertations and Theses
No abstract provided.