We look for permanent effects to per capita GDP from exogenous, temporary shocks. Our shocks are temporary changes to the export revenues of small, open economies. We find no evidence that even the largest of these temporary shocks, in excess of 9.7% of GDP, produce permanent effects to the growth path of per capita GDP. The inability to reject a single-equilibrium world with shocks of this mag...

This study looked at two research questions: Are economically developing countries spending a comparable percentage of their budgets, compared to industrialized nations, on ICT investment? What ICT investment framework should economically developing countries use to spur economic activities? We used annual telecommunication investment (ATI) as percentage of Gross Domestic Product (GDP) as a sur...

This paper aims to analyze the effect of human capital on economic growth. Linear regression models with ordinary least squares method have been used for the analysis in which the dependent variable of Gross Domestic Product (GDP) per capita growth is decided according to real price and independent variables for human capital are enrollment rate in different education levels and also literacy r...

For the industrialised world many consider sustainability to have been time stamped by the release of the book Silent Spring (Carson, 1962) and yet the idea of "sustainability" is one that has had moderate take-up by people in the Industrialised world and their approach the future. It can be argued that a push for lifestyle improvement and material goods has had a lagging negative effect that h...

The Size of the Shadow Economies of 145 Countries all over the World: First Results over the Period 1999 to 2003 Using the DYMIMIC approach, estimates of the shadow economy in 145 developing, transition, developed OECD countries, South Pacific islands and still communist countries are presented. The average size of the shadow economy (in percent of official GDP) over 2002/2003 in developing cou...

We analyze the dependence of the Gross Domestic Product (GDP ) per capita growth rates on changes in the Corruption Perceptions Index (CPI). For the period 1999–2004 for all countries in the world, we find on average that an increase of CPI by one unit leads to an increase of the annual GDP per capita growth rate by 1.7%. By regressing only the European countries with transition economies, we f...

National IQs assessed by the Progressive Matrices were calculated for 60 nations and examined in relation to per capita incomes in the late 1990s and to post World War Two rates of economic growth. It was found that national IQs are correlated at 0.757 with real GDP (Gross Domestic Product) per capita 1998 and 0.706 with per capita GNP (Gross National Product) 1998; and at 0.605 with the growth...

Violence is an important public health challenge with substantial economic consequences for the affected individuals, families, and communities. Using data from the World Health Organization (WHO) and the World Bank, the economic value of disability-adjusted life years (DALYs) lost due to violence in 2002 was estimated for WHO Member States and presented as a percentage of gross domestic produc...

There is continuing interest in the inter-relationships among real estate markets. This includes research suggesting that international linkages in real estate market returns are partly driven by the inter-relatedness between changes in local GDP and ‘world’ GDP. The current study continues this line of inquiry by examining securitised real estate market integration among six economies. By inve...

Existing representations of the Internet do not provide information on why countries have a bigger Internet presence (e.g., Internet Service Providers) than others. In this paper we evaluate four geo-economic parameters (area, population, GDP and GDP per capita), looking for clues of why some areas or countries have developed earlier/later, faster/slower than others. We use correlation studies ...