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August 12, 2024
In developing economies, greenhouse gas emissions from deforestation and from pushing forward the agricultural frontier may outweigh those from fossil energy combustion. So how can we reduce them?
June 7, 2024
DANE published departmental GDP figures for 2023. It is noteworthy that, despite the good growth performance of some departments, there are large regional disparities, which are mainly evidenced in the share of national GDP, contribution to total growth and GDP per capita.
May 6, 2024
Based on the endogenous growth model of Lucas (1988 and 1990), in this Working Paper we propose a method to measure the total contribution of human capital to the variance of GDP per capita in a large sample of countries from 1960 to 2015.
November 21, 2023
This Working Paper analyzes the trends in income, employment and other economic aggregates in OECD countries from 1960 to 2022, showing the enormous heterogeneity that exists in this group in terms of growth over the last six decades.
June 1, 2023
Turkish economy grew by 4% y/y in 1Q23 in line with market expectation (vs. 3.9% consensus and 4.3% ours). Assuming no sharp normalization in economic policies ahead of local election in 2024, we expect GDP growth to be in the range of 4-5% in 2023 on the current strong momentum and expected loose policies.
February 28, 2023
Turkish economy grew by 3.5% y/y in 4Q22 (vs. 3% exp. and 2.9% consensus), leading to an overall GDP growth of 5.6% in 2022. We maintain our GDP growth forecast at 3% in 2023 assuming expansionary fiscal policy and better global growth outlook will compensate the negative impact of the quakes.
December 21, 2022
This Working Paper analyses σ−convergence and absolute β−convergence in human capital indicators in a sample of 140 countries from 1970 to 2020, and to what extent human capital may have contributed to the convergence in GDP per capita observed in recent years.
June 13, 2022
In the current global socio-economic context, and especially after the COVID-19 crisis, digitization and sustainability have become key elements of economic and social transformation, being particularly relevant to understand and analyze how both interact.
March 3, 2022
This Observatory assesses the factors explaining the behavior of the Spanish economy between the first quarter of 2020 and the last quarter of 2021, and estimates the structural shocks behind the growth of GDP per working-age person (WAP), the GDP deflator and real wages.
