Showing 1 - 10 of 13
We postulate a two-region world, comprised of North (calibrated after the US) and South (calibrated after China). Our optimization results show the compatibility of the following three desiderata: (1) Global CO2 emissions follow a conservative path that leads to the stabilization of...
Persistent link: https://www.econbiz.de/10010547479
problem. The convergence rate of around 12% that they report is overestimated and the real rate is in fact around 3 or 4 %; in …
Persistent link: https://www.econbiz.de/10008472135
We provide a reappraisal of income convergence across European regions over the period 1990-2005 by using a … initial GDP per capita. Estimation results point out both country heterogeneity and non-linearity in the convergence process …. Only low income regions converge while there is little evidence of convergence for higher income regions. …
Persistent link: https://www.econbiz.de/10010712227
This paper discusses the progress in transition to knowledge-based economy in Saudi Arabia. As for the methodology, this paper uses updated secondary data obtained from different sources. It uses both descriptive and comparative approaches and uses the OECD definition of knowledge-based economy...
Persistent link: https://www.econbiz.de/10010856325
This paper investigates micro and macro determinants of firms' investment behaviour using firm data from 101 developing and emerging economies. A substantial number of firms in our sample does not invest in fixed capital or invests little relative to sales revenue. Using a multilevel probit...
Persistent link: https://www.econbiz.de/10010856457
This paper provides an overview of knowledge transfer and explains the factors that enable or impede absorption capacity and knowledge transfer in the MENA countries, with particular reference to the case of Egypt. We employ the conceptual framework used in the international literature on...
Persistent link: https://www.econbiz.de/10010856458
This paper uses the descriptive and comparative approaches and uses the OECD 1996 definition of knowledge-based economy, the World Bank Knowledge Index and Knowledge Economy Index and other indicators to examine progress and challenges in transition to knowledge-based economies in Arab Gulf...
Persistent link: https://www.econbiz.de/10010856485
The authors extend the model by Aghion and Howitt (1992) to highlight the role of intellectual-property-rights (IPRs) in the process of innovation and structural change. The model predicts, in contrast to existing literature, that lower risk-free discount rate increase imitation. The model...
Persistent link: https://www.econbiz.de/10008527238
It is well-known that the extent of credit lent to private agents differs widely between countries. The `financial deepening' of the economy offers opportunities as well as financial risks. This study investigates the extent to which institutional characteristics are re- lated to countries'...
Persistent link: https://www.econbiz.de/10010712049
along with countries formalization of regulations. This phenomenon may be explained by institutional convergence, by …
Persistent link: https://www.econbiz.de/10010712080