scholarly journals The role of insurance growth in economic growth: Fresh evidence from a panel of OECD countries

2020 ◽  
Vol 53 ◽  
pp. 101217
Author(s):  
Nicholas Apergis ◽  
Thomas Poufinas
Keyword(s):  
Economic Growth ◽  
Oecd Countries

The influence of health on economic growth from the perspective of sustainable development: a case of OECD countries

2020 ◽  
Vol 16 (3) ◽  
pp. 181-194 ◽  
Author(s):  
Seda Yıldırım ◽  
Durmus Cagri Yildirim ◽  
Hande Calıskan
Keyword(s):  
Economic Growth ◽  
Cluster Analysis ◽  
Sustainable Development ◽  
Health Status ◽  
Life Expectancy ◽  
Oecd Countries ◽  
Content Type ◽  
Life Expectancy At Birth ◽  
Lower Health

PurposeThis study aims to explain the role of health on economic growth for OECD countries in the context of sustainable development. Accordingly, the study investigates the relationship between health and economic growth in OECD countries.Design/methodology/approachThis study employed cluster analysis and econometric methods. By cluster analysis, 12 OECD countries (France, Germany, Finland, Slovenia, Belgium, Portugal, Estonia, Czech Republic, Hungary, South Korea, Poland and Slovakia) were classified into two clusters as high and low health status through health indicators. For panel threshold analysis, the data included growth rates, life expectancy at birth, export rates, population data, fixed capital investments, inflation and foreign direct investment for the period of 1999–2016.FindingsThe study determined two main clusters as countries with high health status (level) and low health status (level), but there was no threshold effect in clusters. It was concluded that an increase in the life expectancy at birth of countries with higher health status had no significant impact on economic growth. However, the increase in the life expectancy at birth of countries with lower health status influenced economic growth positively.Research limitations/implicationsThis study used data that including period of 1999–2016 for OECD countries. In addition, the study used cluster analysis to determine health status of countries, and then panel threshold analysis was preferred to explain significant relations.Originality/valueThis study showed that the role of health on economic growth can change toward country groups as higher and lower health status. It was proved that higher life expectancy can influence economic growth positively in countries with worse or low health status. In this context, developing countries, which try to achieve sustainable development, should improve their health status to achieve economic and social development at the same time.

The Role of International Technology Spillovers in the Economic Growth of the OECD Countries

2004 ◽  
Vol 4 (2) ◽  
pp. 1850021 ◽  
Author(s):  
Jorge Crespo ◽  
Carmela Martín ◽  
Francisco J Velázquez
Keyword(s):  
Economic Growth ◽  
Capital Stock ◽  
Oecd Countries ◽  
Technology Spillovers ◽  
Predominant Role ◽  
Per Capita Gdp ◽  
Per Capita ◽  
International Knowledge ◽  
Gdp Gap

This paper explores the role of imports as a mechanism of transmission of international technology spillovers and its significance for the growth of the OECD countries. For this purpose we estimate a version of the growth model proposed by Benhabib and Spiegel (1994), which includes two main modifications in order to better specify the nature of international knowledge diffusion. The first is the inclusion of the R&D capital stock into this framework. The second consist of using a direct measurement of international technology spillovers instead of using per capita GDP gap in respect to the leader country as approach to it. Our results reveal that international technology spillovers transmitted through imports have had a favourable influence on the economic growth of the OECD countries. However, they show the predominant role of the domestic human and R&D capital endowments in economic growth.

scholarly journals The Effect of Research and Development Expenditures on Economic Growth: New Evidences

2016 ◽  
Author(s):  
Mustafa Ildırar ◽  
Mehmet Özmen ◽  
Erhan İşcan
Keyword(s):  
Economic Growth ◽  
Research And Development ◽  
Growth And Development ◽  
Oecd Countries ◽  
Resource Base ◽  
Policy Makers ◽  
Economic Growth And Development ◽  
Expenditure Data ◽  
Different Types

Research and Development (R&D) is one of the most important variables that affect the country’s economic growth and development through increasing the technology capabilities, enlargement of resource base and promoting in the capability of resource utilization. Countries that innovate by conducting R&D activities always have high economic growth and many researchers emphasized this prominent role of the R&D on economic growth in numerous studies. This study contributes in two ways to this stream of research. Providing new estimates of the effect of R&D expenditures on economic growth is the first contribution to literature. On the other hand, there are different types of R&D expenditures and each of them has different magnitude on the economic growth. Therefore, this study provides evidences about the magnitudes of R&D expenditures. The effect of different types of R&D expenditures on economic growth for the selected OECD countries is examined in this study by utilizing from GMM framework using the data belonging the period of 2003-2014. Income and different R&D expenditure data used to analyze that obtained from OECD Stat. As a conclusion, it is found that all of the R&D expenditures have positive and significant effect on economic growth in selected OECD countries but magnitudes are various. Therefore, policy makers should design the R&D stimulation policies depending on the characteristics of the countries. Accordingly, countries must allocate more resources to different types R&D expenditure for achieving sustainable rate of growth.

scholarly journals Revisiting the role of public debt in economic growth: The case of OECD countries

2015 ◽  
Vol 26 (1) ◽  
Author(s):  
Jernej Mencinger ◽  
Aleksander Aristovnik ◽  
Miroslav Verbic
Keyword(s):  
Economic Growth ◽  
Public Debt ◽  
Oecd Countries

Stepping in the Shoes of Leaders of Populist Right-Wing Parties

2017 ◽  
Vol 48 (1) ◽  
pp. 40-46 ◽  
Author(s):  
Jolanda Jetten ◽  
Rachel Ryan ◽  
Frank Mols
Keyword(s):  
Economic Growth ◽  
Growth Condition ◽  
Baseline Condition ◽  
Right Wing ◽  
Economic Context

Abstract. What narrative is deemed most compelling to justify anti-immigrant sentiments when a country’s economy is not a cause for concern? We predicted that flourishing economies constrain the viability of realistic threat arguments. We found support for this prediction in an experiment in which participants were asked to take on the role of speechwriter for a leader with an anti-immigrant message (N = 75). As predicted, a greater percentage of realistic threat arguments and fewer symbolic threat arguments were generated in a condition in which the economy was expected to decline than when it was expected to grow or a baseline condition. Perhaps more interesting, in the economic growth condition, the percentage realistic entitlements and symbolic threat arguments generated were higher than when the economy was declining. We conclude that threat narratives to provide a legitimizing discourse for anti-immigrant sentiments are tailored to the economic context.

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