Sample records for WIRTSCHAFTSWACHSTUM (economic growth)
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2

Why has China Grown so Fast? The Role of Structural Change

Ding, Sai; Knight, John

Can others learn from China's remarkable growth rate? We explore some indirect determinants of China s growth success including the degree of openness, institutional change and sectoral change, based on a cross-province dataset. Our methodology is the informal growth regression, which permits the in...

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3

Why Germany has such a weak growth performance

Siebert, Horst

Germany has had an extremely low growth performance since 1995. The paper looks at the long-run reasons for this loss of economic dynamics besides German unification: These include leaving labor idle, a declining share of investment in GDP, a weaker innovative activity, an ineffective system for hum...

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4

What drives housing prices down?: evidence from an international panel

Kholodilin, Konstantin A.; Menz, Jan-Oliver; Siliverstovs, Boriss

In this study, we suggest an explanation for the alarmingly low growth rates of real housing prices in Canada and Germany in comparison to other OECD countries over 1975-2005. We show that the long-run development of housing markets is determined by real disposable per capita income, real long-term ...

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6

West German growth and institutions, 1945-1990

Carlin, W.J.

Book description:This compelling volume re-examines the topic of economic growth in Europe after the Second World War. The contributors approach the subject armed not only with new theoretical ideas, but also with the experience of the 1980s on which to draw. The analysis is based on both applied e...

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7

Wage growth and job mobility in the United Kingdom and Germany

Dustmann, C.; Pereira, S.C.

Using data from the British Household Panel Survey for 1991-99 and the German Socio-Economic Panel for 1984-99, the authors investigate job mobility and estimate the returns to tenure and experience. Job mobility was higher in the United Kingdom than in Germany. Returns to experience also seem to ha...

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8

Wage growth and job mobility in the United Kingdom and Germany

Dustmann, C; Pereira, SC

Using data from the British Household Panel Survey for 1991-99 and the German Socio-Economic Panel for 1984-99, the authors investigate job mobility and estimate the returns to tenure and experience. job mobility was higher in the United Kingdom than in Germany. Returns to experience also seem to ha...

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9

Voracity and Growth Reconsidered

Strulik, Holger

This article investigates economic performance when enforceable property rights are missing and subsistence needs matter. It shows that if per capita income is sufficiently high, a windfall gain in productivity triggers behavior that leads to higher growth (the normal reaction). The same shock can p...

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10

Unemployment invariance

Karanassou, Marika; Snower, Dennis J.

This paper provides a critique of the ‘unemployment invariance hypothesis’, according to which the behavior of the labor market, by itself, ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and the labor force. In the context of an endogenous g...

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11

Understanding West German economic growth in the 1950s

Eichengreen, Barry; Ritschl, Albrecht

We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence, structural change and institutional shake-up while minimizing the importance of the postwar shock. We show that this shock and its consequences were more important than neoclassic...

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12

Understanding West German economic growth in the 1950s

Eichengreen, Barry; Ritschl, Albrecht

We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence, structural change and institutional shake-up while minimizing the importance of the post-war shock. We show that this shock and its consequences were more important than neoclassi...

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13

Understanding West German Economic Growth in the 1950s

Eichengreen, Barry; Ritschl, Albrecht

We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence, structural change and institutional shake-up while minimizing the importance of the postwar shock. We show that this shock and its consequences were more important than neoclassic...

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14

U.S. Economic Growth at the Industry Level

Jorgenson, D. W.; Stiroh, K. J.; American Economic Association
2000-01-01

German National Library of Science and Technology (GetInfo) (German)

16

Trends in Rainfall and Economic Growth in Africa: A Neglected Cause of the Growth Tragedy

Barrios Cobos, Salvador; Bertinelli, Luisito; Strobl, Eric

We examine the role of trends in rainfall in the poor growth performance of sub-Saharan African nations relative to other developing countries. To do so we use a new crosscountry panel climatic data set in an empirical economic growth framework. Our results show that rainfall has been a significant ...

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18

Trade-off between consumption growth and inequality: Theory and evidence for Germany

Xie, Runli

This paper examines the structure and evolution of consumption and consumption growth inequality. Once heterogeneous agents relate their neighbors' consumption to their own, consumption volatility and inequality are affected. The relationship predicted between the group average consumption growth an...

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19

Threshold effects and regional economic growth - evidence from West Germany

Funke, Michael; Niebuhr, Annekatrin

We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on the growth of West German regions. The paper finds that the relative income distribution appears to be stratifying into a trimodal d...

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20

The specificities of radical innovation

Motte, Damien; Yannou, Bernard; Bjärnemo, Robert

In this paper, we investigate a special case of new product development (NDP), that of radical innovation. When a company desires to go outside a current saturated market, it is necessary to offer a new product which is radically different from the competition. If successful, the offering will creat...

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21

The relationship between economic growth and inequality: evidence from the age of market liberalism

Angeles-Castro, Gerardo

Based on panel data we find that the inequality-growth relationship follows an ordinary-U curve during the period 1970-1998, in which inequality first decreases and then increases with economic growth. We also find some evidence that the increasing pattern of inequality may reverse at higher levels ...

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23

The phantom of the opera: Cultural amenities, human capital, and regional economic growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan

We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a part o...

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24

The influence of conflict on the demand for education in the Basque Region

Groot, Olaf J. de; Göksel, Idil

It has previously been shown that civil conflict influences many economic factors, including education, which play an important role in development and economic growth. Previous authors working on the influence of conflict on education have, however, always focused strongly on the supply-side effect...

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25

The impact of road infrastructure on productivity and growth some preliminary results for the German manufacturing sector

Stephan, Andreas; Wissenschaftszentrum Berlin für Sozialforschung gGmbH

"Das Arbeitspapier untersucht den Einfluß von Straßeninfrastruktur auf Produktivität undWachstum im verarbeitenden Gewerbe in Deutschland für den Zeitraum 1970-1993. DenHintergrund bildet die in der Literatur kontrovers diskutierte sogenannte Hypothese überdas 'Defizit an öffentlichem Kapital', w...

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26

The impact of Inequality on Economic Growth: Evidence for Mexico 1895-1994

Gutiérrez-Romero, Roxana

The aim of the paper is to explore the influences of initial inequality on the long run distribution of wealth. The paper presents two mathematical models that analyse the occupational choice of individuals in the presence of capital constraints and risk in entrepreneurial activities. The models sho...

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27

The effects of liberalization and deregulation on the performance of financial institutions: The case of the German life insurance market

Trigo Gamarra, Lucinda

The German insurance market was liberalized in 1994 by the introduction of the 'single passport' allowing European insurers to operate throughout the entire European Union. The European directive put also an end to price and insurance contract terms regulation. These measures were meant for removing...

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29

The debt-growth nexus in poor countries: a reassessment

Presbitero, Andrea F.

This paper investigates the relationship between external indebtedness and economic growth, with a particular attention to LICs, for which the theoretical arguments of debt overhang and liquidity constraint have to be reconsidered. The estimation of a growth model, with a panel of 121 developing cou...

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30

The cross-section of output and inflation in a dynamic stochastic general equilibrium model with sticky prices

Döpke, Jörg; Funke, Michael; Holly, Sean; Weber, Sebastian

In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability that the ith changes its prices in response to a shock. ...

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31

The V-factor: distribution, timing and correlates of the great Indian growth turnaround

Ghate, Chetan; Wright, Stephen

The ratio of Indian to US per capita output over the past 45 years has displayed a distinctive V-shaped pattern. We show that a strikingly similar V-shaped pattern is visible not just in aggregate output .figures, but also as the primary determinant of long-term movements in the cross-sectional dist...

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36

The Growing Maturity of Indonesian Economic History

van Zanden, J. L.; N.W. Posthumus Institute for Economic and Social History; International Institute for Social History
2002-01-01

German National Library of Science and Technology (GetInfo) (German)

38

The Effect of Pharmaceutical Utilisation and Innovation on Hospitalisation and Mortality

Lichtenberg, F.; Centre for Economic Growth (CCSO); CPB Netherlands Bureau for Economic Policy Analysis et al.
2000-01-01

German National Library of Science and Technology (GetInfo) (German)

39

The African Growth Gap and the Realization of the MDGs

Knedlik, Tobias; Reinowski, Eva

Earlier literature on economic growth models identified Africa specific determinates of economic growth. In standard models of economic growth Africa dummies were significant. A more resent strand of literature attributes the significance of Africa dummies to inappropriate estimation techniques. If ...

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40

The Acceleration in Variety Growth

Bils, M.; Klenow, P. J.; American Economic Association
2001-01-01

German National Library of Science and Technology (GetInfo) (German)

42

Technology and economic performance in the German economy

Siebert, Horst; Stolpe, Michael

Germany remains Europe's largest and most diversified source of new technology, but still lags in the fastest growing areas of today's high technology. After World War II, West-German technology policy sought to rebuild the institutions which had supported Germany's leadership in the high-tech indus...

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43

Technological change and transition: relative contributions to worldwide growth during the 1990s

Badunenko, Oleg; Henderson, Daniel J.; Zelenyuk, Valentin

In this paper we used the procedures developed in the Kumar and Russell (2002) growth-accounting study to examine cross-country growth during the 1990's. Using a data set comprising developed, newly industrialized, developing and transitional economies, we decomposed the growth of output per worker ...

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45

Technical Progress and Economic Calculus

Helpman, E.; International Economic Association; Fondazione EN1-Enrico Mattei
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

46

THE MACROECONOMIC IMPACT OF NATURAL DISASTERS IN DEVELOPING COUNTRIES: EVIDENCE FROM HURRICANE STRIKES IN THE CENTRAL AMERICAN AND CARIBBEAN REGION

Strobl, Eric

In this paper we investigate the macroeconomic impact of natural disasters in developing countries by examining hurricane strikes in the Central American and Caribbean region. Our innovation in this regard is to employ a windfield model combined with a power dissipation equation on hurricane track d...

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47

Surveying Two Centuries of Dutch Growth, 1807-1995: (Dis)equilibrium Growth Regimes in International Perspective

van Zanden, J. L.; Centre for Economic Growth (CCSO); CPB Netherlands Bureau for Economic Policy Analysis et al.
2000-01-01

German National Library of Science and Technology (GetInfo) (German)

48

Subsistence: A Bio-economic Foundation of the Malthusian Equilibrium

Strulik, Holger; Dalgaard, Carl-Johan

This paper develops a bio-economic Malthusian growth model. By integrating recent research on allometric scaling, energy consumption, and ontogenetic growth we provide a model where subsistence consumption is endogenously linked to body mass and fertility. The theory admits a two-dimensional Malthus...

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49

Stimulation of Production for Domestic Use and Export: The Asian Experience

Tambunlertchai, S.; National Centre for Economic Management and Administration; International Centre for Economic Growth
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

50

Start-ups, long- and short-term survivors and their effect on regional employment growth

Fritsch, Michael; Noseleit, Florian

We investigate the effects that regional start-up activity has on employment in new and in incumbent businesses. The analysis is performed for West German regions over the 1987-2002 period. It shows that the effects of new businesses on employment in the incumbents are significantly positive and tha...

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51

Sports heroes and mass sports participation: The (double) paradox of the 'German tennis boom'

Feddersen, Arne; Jacobsen, Sven; Maennig, Wolfgang

The major sporting success of one's countrymen and women is often supposed to promote the growth of general participation in that sport. This study is the first to analyse the impact of sports heroes on the membership figures of the corresponding sports association by means of an econometric analysi...

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52

Spillovers in Vocational Training

Bornemann, Stefan

The German apprenticeship system is often considered a role model for vocational education. Its influence on economic growth and technological progress through the provision of human capital to the workforce is widely acknowledged. But recent declines in the number of apprenticeships have led to inc...

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57

Some Aspects of Gas Turbine Fuel Preparation and Turbomachinery Response to LCV Fuels

Eriksson, Pontus

This thesis gives some background information on environmental issues as the scientific community at large currently sees it. It tries to relate the plethora of current combustion technologies which may be used in gas turbines to those issues. Some basic principles on combustion design are given. Di...

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58

Social Safety Nets, Economic Freedom and Public Policy

Kaur, Simrit

What is the relationship between social welfare, safety nets and economic freedom? Arguably, if economic freedom (EF) promotes growth and if it trickles down EF promotes larger freedoms (e.g. a healthy and productive life, free from want and deprivation). However, higher EF by definition entails low...

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59

Science and innovation as strategic tools for industrial and economic growth

Advanced Research Workshop on Science and Innovation as Strategic Tools for Industrial and Economic Growth < 1994, Moskva>
1996-01-01

German National Library of Science and Technology (GetInfo) (German)

61

Regional dynamics of innovation investigating the co-evolution of patents, R&D, and employment

Bürger, Matthias; Brökel, Tom; Coad, Alex

We investigate the lead-lag relationship between growth of patent applications, growth of R&D, and growth of total sectoral employment for 270 German labour market regions over the period 1999-2005. Our unique panel dataset includes information on four two-digit industries, namely Chemistry, Transpo...

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62

Regional age structure and economic growth: an econometric study for German regions

Brunow, Stephan; Hirte, Georg

This paper analyses the impact of the regional age structure on growth of German regions. Based on a neoclassical growth model an augmented Solow model was derived and estimated in a spatial econometric approach. Besides labor and human capital, public spendings and urbanisation measures are control...

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64

Reflections on the Concept of Sustainable Economic Growth

Nordhaus, W. D.; International Economic Association; Fondazione EN1-Enrico Mattei
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

66

Re-examining the Role of Transport Infrastructure in Trade, Regional Growth and Governance: Comparing the Greater Mekong Subregion (GMS) and Central Eastern Europe (CEE)

François Bafoil; Sciences Po, CERI; Ruiwen Lin; Sciences Po, CERI

The main objective of this article is to question the hypothesis of the role of transport infrastructures in regional economic growth by comparing Central Eastern Europe (supported by the EU structural and cohesion funds) and the Greater Mekong Subregion (mainly supported by the “economic corridors”...

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67

Public Sector Centralization and Productivity Growth: Reviewing the German Experience

Behnisch, Alexej; Büttner, Thiess; Stegarescu, Dan

The paper examines the role of the vertical structure of the public sector for economic growth in Germany in a long–term perspective. A theoretical model shows that, due to spillover effects of public service provision across lower level governments, federal government activities could have substant...

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68

Public Sector Centralization and Productivity Growth: Reviewing the German Experience

Stegarescu, Dan; Büttner, Thiess; Behnisch, Alexej

The paper examines the role of the vertical structure of the public sector for economic growth in Germany in a long?term perspective. A theoretical model shows that, due to spillover effects of public service provision across lower level governments, federal government activities could have substant...

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70

Prospective structural change in the West German economy

Donges, Juergen Bernhard; Klodt, Henning; Schmidt, Klaus-Dieter

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71

Professor John Bessant CV

Bessant, John

John Bessant is Professor of Innovation Management at the School of Management, Cranfield University. He graduated from Aston University with a degree in Chemical Engineering in 1975 and later obtained a PhD for work on innovation within the chemical industry. After a spell in industry he took up fu...

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72

Productivity, R&D Spillovers and Trade

Fagerberg, J.; Verspagen, B.; Centre for Economic Growth (CCSO) et al.
2000-01-01

German National Library of Science and Technology (GetInfo) (German)

75

Productivity and Specificity in Factor Inputs

Bartelsman, E. J.; Centre for Economic Growth (CCSO); CPB Netherlands Bureau for Economic Policy Analysis et al.
2000-01-01

German National Library of Science and Technology (GetInfo) (German)

76

Production for Export in a Developing Economy: Some Issues for Consideration

Obadan, M. I.; National Centre for Economic Management and Administration; International Centre for Economic Growth
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

77

Premises of Aid for Trade

Königer, Jens; Busse, Matthias; Koopmann,Georg

DRIVER (German)

79

Population and Economic Growth

Becker, G. S.; Glaeser, E. L.; Murphy, K. M. et al.
1999-01-01

German National Library of Science and Technology (GetInfo) (German)

80

Political institutionalisation and economic specialisation in polycentric metropolitan regions: The case of the East-German 'Saxony Triangle'

Franz, Peter; Hornych, Christoph

The rising attention of politicians as well as scientists in the EU to the large urban agglomerations as centres of economic growth is accompanied by political efforts to identify and to demarcate such agglomerations under the label 'metropolitan regions'. This study develops a theoretical framework...

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81
82

Policies for Export Growth and Economic Development: The African Experience

Mullei, A. K.; National Centre for Economic Management and Administration; International Centre for Economic Growth
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

83

Policies and Strategies for Non-Oil Export Growth: The Nigerian Experience

Osuntogun, A.; Oramah, B. O.; National Centre for Economic Management and Administration et al.
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

84

Optimizing German regional policy-2004 : A study based on empirical data from 1994 to 2001

Tangian, Andranik S.

Reducing disparities among regions within European countries together with economic development is the aim of European and national structural policies. In particular, a European grant contributes to the German governmental program for reducing and equalizing regional unemployment. The goal is to br...

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85

Open source software, closed source software or both: impacts on industry growth and the role of intellectual property rights

Engelhardt, Sebastian von; Swaminathan, Sushmita

There is considerable debate regarding the use of intellectual property rights (IPR) to spur innovation in the software industry. In this paper we focus on the choice of intellectual property right regimes and industry growth. We begin by developing a growth optimal mixture of open source and closed...

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86

Old Europe's social model : a reason of low growth? ; The case of Germany

Siebert, Horst

This paper discusses the goal conflict between social protection and economic growth as well as employment. Taking the German economy as an example for the large continental economies of Old Europe, it analyzes twenty mechanisms that affect the fundamentals of the economy negatively and imply low gr...

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87

Non-Oil Export Policies in Nigeria: Some Comments

Ezenwe, U.; National Centre for Economic Management and Administration; International Centre for Economic Growth
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

89

Money velocity and asset prices in the euro area

Dreger, Christian; Wolters, Jürgen

Monetary growth in the euro area has exceeded its target since several years. At the same time, the money demand function seems to be increasingly unstable if more recent data are used. If the link between money balances and the macroeconomy is fragile, the rationale of monetary aggregates in the EC...

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90

Modeling Firm Dynamics to Identify the Cost of Financing Constraints in Ghanaian Manufacturing

Schündeln, Matthias

Economic development requires the growth of productive firms. However, financing constraints may limit firms? investment abilities. This paper estimates the cost of financing constraints to firms, for example in terms of idle investment opportunities, and their aggregate implications. To this end, I...

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96

M3 money demand and excess liquidity in the euro area

Dreger, Christian; Wolters, Jürgen

Money growth in the euro area has exceeded its target since 2001. Likewise, recent empirical studies did not find evidence in favour of a stable long run money demand function. The equation appears to be increasingly unstable if more recent data are used. If the link between money balances and the m...

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97

Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs

Villieu, P.; Minea, A.

In this paper, we study maximizing long-run economic growth trade-off in monetary and fiscal policies in an endogenous growth model with transaction costs. We show that both monetary and fiscal policies are subject to threshold effects, a result that gives account of a number of recent empirical fin...

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98

Local Financial Development and the Aid-Growth Relationship

Sayek, Selin; Nkusu, Mwanza

With official development assistance (ODA) set to rise as countries strive to meet the Millennium Development Goals (MDGs), aid effectiveness remains an important area of development policy. An increasing number of studies support the notion that ODA can contribute to growth in a nonlinear relations...

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99

Liquidity and the dynamic pattern of asset price adjustment: a global view

Belke, Ansgar; Orth, Walter; Setzer, Ralph

Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates have not coincided with a concurrent rise in goods prices. At the same time, however, asset prices have increased sharply, significantly outpacing the subdued development in consumer...

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100

Labour Productivity Growth in Dutch Business Services

van der Wiel, H. P.; Centre for Economic Growth (CCSO); CPB Netherlands Bureau for Economic Policy Analysis et al.
2000-01-01

German National Library of Science and Technology (GetInfo) (German)

102

Knowledge, Technology, and Economic Growth during the Industrial Revolution

Mokyr, J.; Centre for Economic Growth (CCSO); CPB Netherlands Bureau for Economic Policy Analysis et al.
2000-01-01

German National Library of Science and Technology (GetInfo) (German)

103

Is government ownership of banks really harmful to growth?

Andrianova, Svetlana; Demetriades, Panicos; Shortland, Anja

We show that previous results suggesting that government ownership of banks is associated with lower long run growth rates are not robust to adding more 'fundamental' determinants of economic growth. We also present new cross-country evidence for 1995-2007 which suggests that, if anything, governmen...

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104
107

Investeringar i kommunal infrastruktur: Förutsättningar för en målfokuserad investeringsverksamhet

Fjertorp, Jonas

Capital assets in local infrastructure constitute an overbearing concern for society, with the generation of benefits for the population being its prime purpose. Nevertheless, the conditions for the capital investment activities within local governments are diffuse. Which different kinds of investme...

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108

Intra-sectoral structural change and aggregate productivity development: a robust stochastic nonparametric frontier function approach

Krüger, Jens J.

This paper investigates the sources of total factor productivity growth in the German manufacturing sector, 1981-1998. Decomposition formulae for aggregate productivity growth are used to identify the effects of structural change and entry-exit on aggregate productivity growth. Documented is a subst...

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109

Interpreting the "One Big Wave" in U.S. Long-term Productivity Growth

Gordon, R. J.; Centre for Economic Growth (CCSO); CPB Netherlands Bureau for Economic Policy Analysis et al.
2000-01-01

German National Library of Science and Technology (GetInfo) (German)

110

International Lessons for the Property Price Boom in South Africa

Wagner, Helmut; Kißmer, Friedrich; Funke, Norbert

South Africa appears to share some of the characteristics (property price boom, easing of monetary policy, strong domestic demand growth) of asset price booms in industrial countries that were often followed by a period of weak growth. The international experience suggests that a number of practical...

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111
115

Inequality and growth: A joint analysis of demand and supply

Shen, Ling

The paper contributes to the literature of income inequality and economic growth in two directions. First, it analyzes the impact of income inequality on economic growth both through the supply of human capital and the incentive to invent induced by the demand for better quality goods. Secondly, I d...

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116

Incentive effects of fiscal equalization: has Russian style improved?

Freinkman, Lev; Kholodilin, Konstantin A.; Thießen, Ulrich

The effects of inter-government fiscal arrangements on variation in regional economic growth are analyzed for Russia, a country with large cross-regional differences and considerable fiscal redistribution. Moreover, fiscal reforms implemented in the first half of 2000s, which followed to some extent...

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117

In search of FDI-led growth in developing countries

Klasen, Stephan; Herzer, Dierk; Nowak-Lehmann Danzinger, Felicitas

This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing countries. It addresses the limitations of the existing literature and re-examines the FDI-led growth hypothesis for 28 developing countries using cointegration techniques on a count...

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118

IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality

Dreher, Axel

In theory, the IMF could influence economic growth via several channels, among them advice to policy makers, money disbursed under its programs, and its conditionality. This paper tries to disentangle those effects empirically. Using panel data for 98 countries over the period 1970-2000 it analyzes ...

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121
122

How Does Foreign Direct Investment Promote Economic Growth? Exploring The Effects Of Financial Markets On Linkages

Kalemli-Ozcan, Sebnem; Chanda, Areendam; Alfaro, Laura; Sayek, Selin

The empirical literature finds mixed evidence on the existence of positive productivity externalities in the host country generated by foreign multinational companies. We propose a mechanism that emphasizes the role of local financial markets in enabling foreign direct investment (FDI) to promote gr...

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123

Halting Progress: Indonesia's Economic Development since 1880

van der Eng, P.; N.W. Posthumus Institute for Economic and Social History; International Institute for Social History
2002-01-01

German National Library of Science and Technology (GetInfo) (German)

124

Growth-Trade-Environment Nexus in India

Jena, Pradyot Ranjan; Grote, Ulrike

This paper evaluates the environmental impacts of economic growth and trade liberalization in India. The empirical strategy in this paper is to estimate the scale, technique and trade-induced composition effects of trade liberalization on pollution. We collect data across major industrial states of ...

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125
126

Growth, Foreign Direct Investment and the Environment: Evidence from Chinese Cities

Cole, Matthew A.; Elliott, Robert J.R.; Zhang, Jing

In this paper we investigate the relationship between economic growth and industrial pollution emissions in China using data for 112 major cities between 2001 and 2004. Using disaggregated data we separate FDI inflows from Hong Kong, Macao and Taiwan from those of other foreign economies. We examine...

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127

Growth in a Time of Debt

Reinhart, C.M.; Rogoff, K.S.; American Economic Association
2010-01-01

German National Library of Science and Technology (GetInfo) (German)

129
130

Growth Collapses in Indonesia: A Comparison of the 1930s and the 1990s

Booth, A.; N.W. Posthumus Institute for Economic and Social History; International Institute for Social History
2002-01-01

German National Library of Science and Technology (GetInfo) (German)

134

Global finance and the German model: German corporations, market incentives, and the management of employer-sponsored pension institutions

Clark, Gordon L.; Mansfield, Daniel; Tickell, Adam

Where there was a settled political geography of state power and responsibilities, the remarkable growth of global finance has put enormous pressure on national economic, political and social institutions. Furthermore, the looming crisis facing many continental European social security systems has r...

DRIVER (German)

135

Germany's stalling economic engine - how to get it running again

Siebert, Horst

The German economy, once the powerhouse in Europe, is stalling. Unemployment has ratcheted upward since 1970, the social security systems can no longer be financed (even if the population were not ageing) and with an average annual GDP growth rate of 1.2 per cent since 1995, the economy almost stagn...

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136

GENERAL ORAL GLUCOSE TOLERANCE TEST DURING PREGNANCY, AN OPPORTUNITY FOR IMPROVED PREGNANCY OUTCOME AND IMPROVED FUTURE HEALTH.

Anderberg, Eva

Gestational diabetes mellitus (GDM) is associated with a risk of adverse pregnancyoutcome and is a predictor of subsequent diabetes. The aims of this work were todescribe a reliable routine to diagnose abnormal glucose tolerance during pregnancy,to investigate women’s opinions of the specialist c...

DRIVER (German)

137

From Riches to Rags, and Back? Explaining the Growth Trajectory of Argentina since the 1890s

Campos, Nauro F.; Karanasos, Menelaos G.; Tan, Bin

Argentina is the only country in the world that was developed in 1900 and developing in 2000. Although various underlying reasons have been identified (chiefly political instability, financial development, inflation, trade openness, and international financial integration), no study has quantita...

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140

Foreign Direct Investment and Regional Growth in China

Huang, Shuo

China has experienced rapid economic growth and the recent Global Economic Projections 2004 by the World Bank suggest that there is a continuation of Chinese growth of at lest 7 to 8 percent (World Bank, 2003). Nevertheless, on the background of rapid growth came increasing regional disparities. Thi...

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143

Financing of education for economic growth : papers prepared for the Conference organised by the Directorate for Scientific Affairs of OECD, held in Paris, 21st-24th September 1964 ; [the OECD Conference on the Financing of Education for Economic Growth was held ...]

Conference on the Financing of Education for Economic Growth < 1964, Paris>; Organisation for Economic Co-operation and Development / Directorate for Scientific Affairs; Organisation for Economic Co-operation and Development / Study Group in the Economics of Education
1966-01-01

German National Library of Science and Technology (GetInfo) (German)

145

Financial development and economic growth: evidence from ten new EU members

Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert; Sova, Anamaria

This paper reviews the main features of the banking and financial sector in ten new EU members, and then examines the relationship between financial development and economic growth in these countries by estimating a dynamic panel model over the period 1994-2007. The evidence suggests that the stock ...

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147

Financial Development and Sectoral Output Growth in 19th century Germany

Diekmann, Katharina; Westermann, Frank

In this paper we re-evaluate the hypothesis that the development of the financial sector is an essential factor behind economic growth in 19th century Germany. We apply a structural VAR framework to a new annual data set from 1870 to 1912 that was initially recorded by Walther Hoffmann (1965). With ...

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148

FDI and Economic Growth: An Introduction

Wu, Y.; University of Australia; Department of Economics; Chinese Economic Studies Association of Australia
1999-01-01

German National Library of Science and Technology (GetInfo) (German)

149

FDI and Economic Development in Guangdong

Lan, Y.; University of Australia; Department of Economics; Chinese Economic Studies Association of Australia
1999-01-01

German National Library of Science and Technology (GetInfo) (German)

150

Energy consumption and economic growth: New insights into the cointegration relationship

Belke, Ansgar; Dreger, Christian; Haan, Frauke de

This paper examines the long-run relationship between energy consumption and real GDP, including energy prices, for 25 OECD countries from 1981 to 2007. The distinction between common factors and idiosyncratic components using principal component analysis allows to distinguish between developments o...

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152

Education, Research, and Economic Growth

Caspari, Volker; Rubart, Jens; Rehme, Günther

It is obvious that the German economy exhibits a significant decline in economic growth during the last two decades. Although the German economy has still to overcome the burden of the reunification in 1990 it is shown that this burden might be only one reason of this decline. In this study we follo...

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155

Economic growth of agglomerations and geographic concentration of industries - evidence for West Germany

Geppert, Kurt; Gornig, Martin; Werwatz, Axel

During the two decades from 1980 to 2000 there has been no clear overall trend of economic convergence or divergence among West German regions. But a number of already rich regions - generally large agglomerations - have succeeded in further distancing themselves from the rest. At the same time, we ...

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156

Economic convergence and rent-seeking in Iran

Dreger, Christian; Rahmani, Teymur; Eckey, Hans-Friedrich

The neoclassical growth model predicts convergence of productivity or per capita output levels across regions. If participation in the labor force is constant, convergence of per capita income is implied. We investigate this hypothesis for the Iranian economy using data on demand deposits as a proxy...

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160

Economic Growth of Agglomerations and Geographic Concentration of Industries - Evidence for West Germany


Abstract During the two decades from 1980 to 2000 there has been no clear overall trend of economic convergence or divergence among West German regions. But a number of already rich regions - generally large agglomerations - have succeeded in further distancing themselves from the rest. At t...

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161

Economic Growth and the Environment

Maeler, K.-G.; International Economic Association; Fondazione EN1-Enrico Mattei
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

162

Economic Development: A Quasi-Schumpeterian Model

Lombardini, S.; Donati, F.; International Economic Association et al.
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

163

Dynamic Ethnic Fractionalization and Economic Growth

Campos, Nauro F.; Saleh, Ahmad; Kuzeyev, Vitaliy

In their survey of the literature on ethnic fractionalization and economic performance, Alesina and La Ferrara (JEL 2005) identify two main directions for future research. One is to improve the measurement of diversity and the other to treat diversity as an endogenous variable. This paper tries to a...

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164

Drifting together or falling apart? : The empirics of regional economic growth in post-unification Germany

Colavecchio, Roberta; Curran, Declan; Funke, Michael

The objective of this paper is to address the question of convergence across German districts in the first decade after German unification by drawing out and emphasising some stylised facts of regional per capita income dynamics. We achieve this by employing non-parametric techniques which focus on ...

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166

Does accounting for spatial effects help forecasting the growth of Chinese provinces?

Girardin, Eric; Kholodilin, Konstantin A.

In this paper, we make multi-step forecasts of the annual growth rates of the real GRP for each of the 31 Chinese provinces simultaneously. Beside the usual panel data models, we use panel models that explicitly account for spatial dependence between the GRP growth rates. In addition, the possibilit...

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168

Do Technology Spillovers Matter for Growth?

Rensman, M.; Kuper, G. H.; Centre for Economic Growth (CCSO) et al.
2000-01-01

German National Library of Science and Technology (GetInfo) (German)

169

Do Google searches help in nowcasting private consumption? A real-time evidence for the US

Kholodilin, Konstantin A.; Podstawski, Maximilian; Siliverstovs, Boriss

In this paper, we investigate whether the Google search activity can help in nowcasting the year-on-year growth rates of monthly US private consumption using a real-time data set. The Google-based forecasts are compared to those based on a benchmark AR(1) model and the models including the consumer ...

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170

Die Bedeutung monetärer Größen für die deutsche Wachstumsschwäche 1995 -2005

Dovern, Jonas; Jannsen, Nils; Scheide, Joachim

Between 1995 and 2005, the German economy has experienced a phase of weak economic growth. We analyze whether this weak growth performance can be attributed to the stance of monetary conditions during that period. We show that the real effective exchange rate did have almost no dampening effects on ...

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172

Design and Implementation of Non-Oil Export Policies in Nigeria

Fajana, F. O.; National Centre for Economic Management and Administration; International Centre for Economic Growth
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

175

Contesting Resources - Rent Seeking, Conflict and the Natural Resource Curse

Bulte, Erwin; Wick, Katharina

A growing empirical literature links natural resource abundance and "pointiness" to impeded economic growth and civil strife. We develop rent seeking and conflict models that capture the most salient features of contests for resource rents, and show how both resource abundance and geographical clust...

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176

Consumption Growth and Inequality in a Heterogeneous Agent Model: Theory and Evidence from German Data

Xie, Runli

This paper studies the structure and dynamics of consumption and consumption growth inequality. The theoretical framework is a heterogeneous agent model with stochastic labor endowments, where the group mean consumption serves as consumption externality. The main finding is that households' preferen...

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177

Conceptual Framework and Overview

Obadan, M. I.; National Centre for Economic Management and Administration; International Centre for Economic Growth
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

178

Composite indicator of German regional policy and its use for optimizing subsidies to regional labour markets

Tangian, Andranik S.

German structural policy is characterized by a composite indicator with three targets:(1) minimization of unemployment, (2) maximization of GDP, and (3) equalization of regional unemployment rates. The composite indicator with given target weights is maximized subject to budget constraints and some ...

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179

China’s Employment Crisis – A Stimulus for Policy Change? Chinas Beschäftigungskrise - Antrieb für einen Politikwechsel?

Günter Schucher; GIGA German Institute of Global and Area Studies

In the face of severe job problems, China’s government has adopted a huge stimulus package in a bid to achieve eight per cent economic growth, which is said to guarantee at least enough jobs for the new entrants to the labour market. The real situation, however, will be much grimmer than statistics ...

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180

China’s Climate- and Energy-security Dilemma: Shaping a New Path of Economic Growth

Karl Hallding; Stockholm Environment Institute; Guoyi Han; Stockholm Environment Institute; Marie Olsson; Stockholm Environment Institute

China is undergoing modernization at a scale and speed the world has never witnessed. As climate change increasingly dominates the global agenda, China faces the challenge of shaping a new growth path in a climate-constrained world. The paper argues that China’s current climate and energy policy is,...

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184

Casino Capitalism and Its Legitimacy Impact on the Politico-administrative State in Macau Der Kasino-Kapitalismus in Macau und seine Bedeutung für die Legitimität des politisch-administrativen Systems

Sonny Lo

Casino capitalism has its dialectical tendencies in Macau. On the one hand, it stimulates economic growth, provides employment, and strengthens the post-colonial state in Macau during the period of economic boom. On the other hand, casino capitalism can widen the income gap between the rich and the ...

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187

Borders, Market Size and Urban Growth, The Case of Saxon Towns and the Zollverein in the 19th Century

Ploeckl, Florian

Changes in trade institutions, such as the abolishment of tariff barriers, have a potentially strong impact on economic development. The Zollverein, the 1834 customs union between German states, erased borders in much of central Europe. This paper investigates the Zollverein's economic impact throug...

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188

Assessing the real-time informational content of macroeconomic data releases for now-/forecasting GDP: Evidence for Switzerland

Siliverstovs, Boriss; Kholodilin, Konstantin A.

This study utilizes the dynamic factor model of Giannone et al. (2008) in order to make now-/forecasts of GDP quarter-on-quarter growth rates in Switzerland. It also assesses the informational content of macroeconomic data releases for forecasting of the Swiss GDP. We find that the factor model offe...

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189

An economic geography of global finance: ownership concentration and stock-price volatility in German firms and regions

Clark, Gordon L.; Wójcik, Dariusz

For some, global finance is ubiquitous. The growth of advanced electronic communications combined with computer-driven, top-down investment strategies has provided institutional investors access to the most sheltered capital markets, including those of continental Europe. By contrast, many economic ...

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190

An Expert System for Incorporating Economic Value and Growth Potential of Individual Hardwood Trees in Management Decisions

Hall, O. F.; IUFRO; Subject Group S4.01 Mensuration, Growth and Yield; IUFRO; Subject Group S6.02 Statistical Methods, Mathematics and Computers et al.
1989-01-01

German National Library of Science and Technology (GetInfo) (German)

191

An Economic Geography of Global Finance: Ownership Concentration and Stock-Price Volatility in German Firms and Regions

Clark, GL; Wojcik, D

For some, global finance is ubiquitous. The growth of advanced electronic communications combined with computer-driven, top-down investment strategies has provided institutional investors access to the most sheltered capital markets, including those of continental Europe. By contrast, many economic ...

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192

Aid, Policies and Growth: A Non-Canonical Alternative for solving This Puzzle.

Fuentes, Raúl

This paper presents a two-sector small semi-open economy Ramsey growth model involving foreign aid as an input in the production function. An activist government allocates this input endogenously across sectors and optimizes policies in a non-standard way. Once calibrated, mainly on countries exhibi...

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193

African Experience with Policies for Export Growth and Economic Development

Uduebo, M. A.; National Centre for Economic Management and Administration; International Centre for Economic Growth
1994-01-01

German National Library of Science and Technology (GetInfo) (German)

194

Advertising, consumption and economic growth: an empirical investigation

Rehme, Günther; Weisser, Sara-Frederike

It is sometimes argued that more advertising raises consumption which in turn stimulates output and so economic growth. We test this hypothe- sis using annual German data expressed in terms of GDP for the period 1950-2000. We find that advertising does not Granger-cause growth but Granger-causes con...

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195

Ritschl, Albrecht O.

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196

Ritschl, Albrecht

Stagnant levels of output and incomplete recoveries in the interwar business cycle have received fresh attention in recent work. Building on the work of Borchardt (1991 1979 ), Fisher and Hornstein (2001) calibrate an augmented RBC model of Germany s interwar economy. They find that sluggish product...

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197

Eichengreen, Barry; Ritschl, Albrecht

We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence, structural change and institutional shake-up while minimizing the importance of the postwar shock. We show that this shock and its consequences were more important than neoclassic...

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