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The growth effects of education in Australia
Paradiso, Antonio; Kumar, Saten; Rao, B. Bhaskara - Volkswirtschaftliche Fakultät, … - 2011
The growth effects of human capital, measured in various ways, are controversial and inconclusive. In this paper we estimate the growth effect of human capital with country specific time series data for Australia. In doing so, we extended the Solow (1956) growth model by using educational...
Persistent link: https://www.econbiz.de/10009368148
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Estimates of the steady state growth rates for the Scandinavian countries: a knowledge economy approach
Casadio, Paolo; Paradiso, Antonio; Rao, B. Bhaskara - Volkswirtschaftliche Fakultät, … - 2011
function of human capital (measured by average years of education), trade openness and investment ratio. Using this framework … we show that these factors, and in particular the education variable, have played an important role to determine the long …
Persistent link: https://www.econbiz.de/10009147609
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A knowledge economy approach in empirical growth models for the Nordic countries
Cooray, Arusha; Lucchetta, Marcella; Paradiso, Antonio - School of Accounting, Economics, and Finance, … - 2013
years of education), trade openness, research and development, and investment ratio. We identify the key variables having a … significant level and growth effects within this framework. We find that education plays an important role on the long-run growth … by openness and education. Policy measures are identified to improve the long-run growth rates for these countries. …
Persistent link: https://www.econbiz.de/10010765447
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Estimates of the steady state growth rates for some European countries
Casadio, Paolo; Paradiso, Antonio; Rao, B. Bhaskara - In: Economic Modelling 29 (2012) 4, pp. 1119-1125
of Italy, Spain, France, UK, and Ireland. A few policies to improve the long-run growth rates for these countries are …
Persistent link: https://www.econbiz.de/10010573353
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“On the bi-directional causal relationship between public debt and economic growth in EMU countries”
Gómez-Puig, Marta; Sosvilla-Rivero, Simón - Facultat d'Economia i Empresa, Universitat de Barcelona - 2015
New evidence is presented on the possible existence of bi-directional causal relationships between public debt and economic growth in both central and peripheral countries of the European Economic and Monetary Union. We test for heterogeneity in the bi-directional Granger-causality across both...
Persistent link: https://www.econbiz.de/10011272046
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Heterogeneity in the Debt-Growth Nexus : Evidence from EMU Countries
Gómez-Puig, Marta - 2017
The objective of this paper is to examine whether the threshold beyond which public debt may have a detrimental effect on economic growth changes across euro area countries during the 1961-2015 period. In contrast with previous studies, we do not use panel estimation techniques, but implement a...
Persistent link: https://www.econbiz.de/10012959846
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Public Debt and Economic Growth : Further Evidence for the Euro Area
Gómez-Puig, Marta - 2017
This paper empirically investigates the short and long-run impact of public debt on economic growth. We use annual data from both central and peripheral countries of the euro area (EA) for the 1961-2013 period and estimate a production function augmented with a debt stock term by applying the...
Persistent link: https://www.econbiz.de/10012947257
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On the Bi-Directional Causal Relationship between Public Debt and Economic Growth in EMU Countries
Gómez-Puig, Marta - 2015
New evidence is presented on the possible existence of bi-directional causal relationships between public debt and economic growth in both central and peripheral countries of the European Economic and Monetary Union. We test for heterogeneity in the bi-directional Granger-causality across both...
Persistent link: https://www.econbiz.de/10013022909
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Nonfinancial Debt and Economic Growth in Euro-Area Countries
Gómez-Puig, Marta - 2017
In this paper we analyse the effects of all sources of the accumulation of nonfinancial debt (household, corporate as well as government) on economic growth in ten euro-area countries during the 1980-2015 period. To this end, we make use of three models (a baseline, an asymmetric and a threshold...
Persistent link: https://www.econbiz.de/10012951846
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The Level and Growth Effects in Empirical Growth Models for the Nordic Countries : A Knowledge Economy Approach
Cooray, Arusha V. - 2012
education), trade openness, research and development, and investment ratio. We attempt to identify the variables which have … significant level and growth effects within this framework. We find that education plays an important role in determining the long … investment ratio plays an important role for growth in Finland. In addition to growth effects, education also has level effects …
Persistent link: https://www.econbiz.de/10013102859