Showing 1 - 10 of 27,992
Rapid trade-led economic growth in emerging Asia has been shifting the global economic and industrial centres of gravity away from the north Atlantic, raising the importance of Asia in world trade but also altering the commodity composition of trade by Asia and other regions. What began with...
Persistent link: https://www.econbiz.de/10009558515
Over the past decade, a growing number of studies have examined the role of agricultural export in economic growth in Africa. The literature, however, provides conflicting results about the agricultural export-led growth hypothesis. In this study, we aim to examine the impact of agricultural...
Persistent link: https://www.econbiz.de/10012798676
This article presents a Ricardian model of trade with learning-by-doing to study the effect of barriers to trade in products with low growth potential on the long-run economic growth. The model shows that, when elasticity of demand for the product with a lower learning potential is lower than...
Persistent link: https://www.econbiz.de/10010231629
Starting with Romer [1987] and Rivera-Batiz-Romer [1991] economists have been able to model how trade enhances growth through the creation and import of new varieties. In this framework, international trade increases economic output through two channels. First, trade raises productivity levels...
Persistent link: https://www.econbiz.de/10012760652
This article presents a Ricardian model of trade with learning-by-doing to study the effect of barriers to trade in products with low growth potential on the long-run economic growth. The model shows that, when elasticity of demand for the product with a lower learning potential is lower than...
Persistent link: https://www.econbiz.de/10013059480
Over the past decade, a growing number of studies have examined the role of agricultural export in economic growth in Africa. The literature, however, provides conflicting results about the agricultural export-led growth hypothesis. In this study, we aim to examine the impact of agricultural...
Persistent link: https://www.econbiz.de/10013312442
Starting with Romer [1987] and Rivera-Batiz-Romer [1991] economists have been able to model how trade enhances growth through the creation and import of new varieties. In this framework, international trade increases economic output through two channels. First, trade raises productivity levels...
Persistent link: https://www.econbiz.de/10012466154
The objective of this of the study is to evaluate the role of financial development, Agriculture raw materials and the extent of openness to trade in economic development of Pakistan for the period 1980-2012, by using Vector Auto Regressive (VAR) model. Empirical results showed that there exist...
Persistent link: https://www.econbiz.de/10011927344
Persistent link: https://www.econbiz.de/10012194631
The paper attempts to empirically test the contribution of unprocessed and processed agriculture of exports to economic growth in South Africa. The study used time series data which spanned from 1986 to 2012. A Johansen cointegration approach was used to test for cointegration after the unit...
Persistent link: https://www.econbiz.de/10014232782