recently, economists have attention to the brain drain as emigration of skilled and educated labor force from developing countries. in this case, we are dealing with one main question is: how brain drain can affect the human capital of source countries? based on existing theories, brain drain can affect the economy of source countries in different ways such as; direct reduction of human capital...

Introduction ................................................................................................................................ 96 The waiting time phenomenon ................................................................................................ 96 Evidence on comparative waiting times across OECD countries ........................................ 101 Evidence on causes ...

A consensus appears to have emerged in the literature that per capita income levels and/or levels of productivity in the industrialized market economies have converged significantly over the last century, and especially since the end of the second world war (see, e.g., Abramovitz, Baumol, Baumol and Wolff, De Long, Dollar and Wolff, Dowrick and Nguyen). The results of Abramovitz and Baumol, in ...

One-year-ahead forecasts by the OECD and by national institutes of GDP growth and inflation in 13 European countries are analysed. RMSE was large: 1.9 % for growth and 1.6 % for inflation. Six (11) OECD and 10 (7) institute growth forecast records were significantly better than an average growth forecast (the current year forecast). All full record-length inflation forecasts were significantly ...

Over the past generations, Japan has shown that it is possible to achieve strong educational progress: In the 1960s, Japan still ranked 14 th among OECD countries in the proportion of people with university-level or vocational tertiary qualifications, today it ranks 2 nd just after Canada. However, in Japan, the number of science graduates remains below the OECD average. There are 1596 people w...

in the recent years, renewable energy sources are an important component of world energy consumption. gdp is one of the main measures of a country’s economic activity. most of the studies examine the impact of renewable energy consumption on gdp with single equation model and the others use dynamic panel data. since the granger causality analysis’s findings of this paper establish bidirectional...

Mancur Olson’s institutional sclerosis hypothesis may be evident in the effects of interest groups on investment in physical capital. To test this proposition, we use cross sectional data on 42 countries for which information on the number of interest groups is available to estimate the effect of those groups on the share of GDP that goes into physical investment. The results indicate that inte...

/RESUMÉ Do tax structures affect aggregate economic growth? Empirical evidence from a panel of OECD countries This paper examines the relationship between tax structures and economic growth by entering indicators of the tax structure into a set of panel growth regressions for 21 OECD countries, in which both the accumulation of physical and human capital are accounted for. The results of the an...