Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Cooperation and Development (OECD) shall promote policies designed: − to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus t...

OBJECTIVE To test the hypothesis that economic recessions lead to reduced global development assistance for health (DAH). METHODS Data obtained from the Creditor Reporting System of the Organisation for Economic Co-operation and Development (OECD) for 15 OECD countries were used to model the percentage change (relative difference) in commitments and disbursements for DAH as a function of thre...

In this paper, we examine the longand short-run dynamics between electricity consumption and economic activities, using panel data of per capita electricity consumption and per capita GDP of 160 countries for the period of 1980–2010, accounting for the degree of electricity dependence and the level of urbanization. Furthermore, in order to capture the differences in this relationship, the full ...

This study determines influence of advanced technology and foreign capital on economic growth apart from contribution of the other major domestic inputs. The countries were classified into four groups; i.e., lower and lower middle income countries, upper middle income countries, non-OECD high income countries, and OECD countries. Five major factors as sources of growth in this study are domesti...

Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Cooperation and Development (OECD) shall promote policies designed: − to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus t...

This paper provides new evidence on the importance of international technology spillovers channelled by imports and its impact on economic TFP growth of the OECD countries. For this purpose we estimate a version of the growth model with endogenous technological change used in Benhabib and Spiegel (1994), which includes some modifications in order to capture the differences in the degree of succ...

A large body of both theoretical and empirical literature has affirmed a positive impact of human capital accumulation in the form of health on economic growth. For rich countries, however, the existing empirical evidence is mixed. This paper revisits the question whether health capital formation stimulates GDP growth in rich countries applying a new empirical methodology: the panel Granger-cau...

This paper builds on the assumption that OECD countries are (or will soon be) taking actions to reduce their greenhouse gas emissions. These actions, however, will not be sufficient to control global warming, unless developing countries also get involved in the cooperative effort to reduce GHG emissions. This paper investigates the best short-term strategies that emerging economies can adopt in...

Most policymakers and economists agree that the quality of a nation’s human capital stock is a chief determinant of economic growth. However, public spending on education also has serious implications for the future distribution of resources in society. This study examines how these distributional concerns are realized in the arena of party politics. Three key questions are explored. Firstly, w...

Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Cooperation and Development (OECD) shall promote policies designed: − to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus t...