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. Mobilizing a dynamic panel data over the period 2000–2012 and using the system GMM estimator to address endogeneity issues, the …
Persistent link: https://www.econbiz.de/10011156993
The bursting of crude oil prices in the international market since mid-2014 has resulted in dwindling oil revenue, which has led to economic recession in Nigeria. The recession has further exacerbated existing socioeconomic problems bedeviling the country. In the light of this, we examined the...
Persistent link: https://www.econbiz.de/10012915879
between energy sources for a panel of four WAEMU countries; Benin, Côte d’Ivoire, Senegal and Togo, for the period 1970 … the panel as a whole, but no causality between electricity and economic growth, and no substitution between energy sources …
Persistent link: https://www.econbiz.de/10005025727
Several recent articles claim that pre-tax income equality promotes growth. Equality is argued to dampen demand for redistributive economic policies that tax returns to growth-enhancing activities such as investment. These results rest heavily on the assumption that pre-tax income equality is an...
Persistent link: https://www.econbiz.de/10010818512
Several recent articles claim that pre-tax income equlity promotes growth. Equality is argued to dampen demand for redistributive economic policies that tax returns to growth-enhancing activities such as investment. These results rest heavly on the assumption that pre-tax income equality is an...
Persistent link: https://www.econbiz.de/10005486495
Several recent articles claim that pre-tax income equality promotes growth. Equality is argued to dampen demand for redistributive economic policies that tax returns to growth-enhancing activities such as investment. These results rest heavily on the assumption that pre-tax income equality is an...
Persistent link: https://www.econbiz.de/10010334700
The plan of our paper is as follows. Section 2 presents a methodology which decomposes the growth rate for OECD countries for the period 1967 to 1985 into movements along and movements towards the frontier. Section 3 takes the inter-temporal change in our index of X- inefficiency developed in...
Persistent link: https://www.econbiz.de/10005656643
This paper reviews the key issues concerning the impact of public spending and taxation on long-run growth and inequality and takes stock of existing theoretical and empirical studies. Overall, the evidence highlights that the size of the government matters for long-term growth as a too large...
Persistent link: https://www.econbiz.de/10011578194
presence of cross-section dependence and multiple structural breaks, recently developed panel econometric techniques were … employed and led to the following conclusions: (1) life insurance has no significant effect on economic growth in both panel … and individual countries, (2) non-life insurance positively affects economic growth in both panel and individual countries …
Persistent link: https://www.econbiz.de/10012506291
This paper analyzes the impact of the composition of taxes on economic growth using a panel of OECD countries. In …
Persistent link: https://www.econbiz.de/10012028907