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An Open-Economy Ramsey-Cass-Koopmans Model in Reduced Form

Spiro, Daniel - 2021

-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK … country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …

Persistent link: https://www.econbiz.de/10012657999

An open-economy Ramsey-Cass-Koopmans model in reduced form

Spiro, Daniel - 2021

Persistent link: https://www.econbiz.de/10012619417

An Analysis of the Impact of Public Infrastructure on Productivity Performance of Mexican Industry

Mamatzakis, Emmanuel C. - 2021

It has been frequently quoted in the literature that one decisive cause of the productive performance of an economy might be infrastructure investment. This paper provides a dual profit theoretical framework of measuring the effects of infrastructure on economic performance in terms of gains in...

Persistent link: https://www.econbiz.de/10013316826

Railways and the productivity gap in Italy : persistence and divergence after unification

Pontarollo, Nicola; Ricciuti, Roberto - 2015

The political unification of Italy in 1861 led to the establishment of a single market, by removing the trade barriers across the pre-existing states, with a single currency. Market integration was the economic outcome of this process. At the same time, the Kingdom of Italy started a large...

Persistent link: https://www.econbiz.de/10011295798

Contagious exporting and foreign ownership : evidence from firms in Shanghai using a Bayesian spatial bivariate probit model

Baltagi, Badi H.; Egger, Peter; Kesina, Michaela - 2018

Whether a firm is able to attract foreign capital and whether it may participate at the export market depends on whether the fixed costs associated with doing so are at least covered by the incremental operating profits. This paper provides evidence that success for some firms in attracting...

Persistent link: https://www.econbiz.de/10011822884

Sources of productivity spillovers : panel data evidence from China

Baltagi, Badi H.; Egger, Peter; Kesina, Michaela - 2014

This paper assesses sources of productivity spillovers in China's electric and electronic manufacturing industry using a rich panel data-set of 25,360 firms observed over the period 2004-2007. This industry is characterized by its important reliance on technology. In particular, the paper...

Persistent link: https://www.econbiz.de/10010356360

Market access and firm performance : evidence based on GIS analysis of road network and manufacturing-plant-level data from India

Sharma, Somnath; Kant, Shashi; Mishra, Ranjeeta; … - 2022

This paper investigates whether better access to markets through an improved road network plays a role in improving the profitability of firms in India. We construct a district-level market access index using Indian road network shapefiles, district boundaries, and nightlight raster images and...

Persistent link: https://www.econbiz.de/10013479557

Dualism and cross-country growth regressions

Temple, Jonathan; Woessmann, Ludger - 2004

This paper examines whether growth regressions should incorporate dualism and structural change. If there is a differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total factor productivity. The paper develops empirical growth...

Persistent link: https://www.econbiz.de/10010261270

Terms of trade, catch-up, and home market effect: the example of Japan

Urban, Dieter M. - 2007

This paper explores theoretically and empirically the long run relation of the terms of trade (ratio of domestic and foreign prices of traded manufacturing goods) and economic growth of a pair of industrialized countries, one of which experiences a major catch-up process towards the other. It is...

Persistent link: https://www.econbiz.de/10010264264

Long memory in US real output per capita

Caporale, Guglielmo Maria; Gil-Alana, Luis A. - 2009

This paper analyses the long memory properties of quarterly real output per capita in the US (1948Q1 2008Q3) using non-parametric, semi-parametric and parametric techniques. The results vary substantially depending on the methodology employed. Evidence of mean reversion is obtained in a...

Persistent link: https://www.econbiz.de/10010271970