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in the South. Strengthening patent protection increases the South's welfare by enhancing innovation and FDI, but it also …
Persistent link: https://www.econbiz.de/10010577047
. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve …We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain … the evolution of industries and aggregate growth in closed and open economies. Firms employ educated workers in order to …
Persistent link: https://www.econbiz.de/10011295685
According to the Washington Consensus, developing countries' growth would benefit from reductions in barriers to trade … tariffs on imported capital and intermediate goods, led to faster growth, consistent with the model. © 2013 The President and …
Persistent link: https://www.econbiz.de/10011010041
towards investment in education and growth in output per capita, a significant portion of the gains from trade in non …-industrial nations was channelled towards population growth. …
Persistent link: https://www.econbiz.de/10005124051
sustained differences in population growth and income levels across countries. In industrial economies international trade …
Persistent link: https://www.econbiz.de/10005136437
output and achieve growth through extreme specialization in response to shifting comparative advantage. …
Persistent link: https://www.econbiz.de/10005497925
uncertainty on capital inflows generates long-term growth while the deterministic counterpart does not: long-term growth is … entirely driven by precautionary savings, and the asymptotic growth rate of the expected capital stock is increasing in both …
Persistent link: https://www.econbiz.de/10010743702
facilitated industrialization and rapid growth in China. However, as we know that there could be other factors influencing … economic development, we have also considered the role played by domestic innovation activities, competitiveness and foreign … of their causality. In addition, we investigate the role played by the exchange rate on growth and discuss some policy …
Persistent link: https://www.econbiz.de/10010573381
negatively the growth gains from trade liberalisation. Variations in the growth rate of value added–decomposed in the growth rate … of the number of establishments and the growth rate in average size–of manufacturing industries in 34 developing … countries before and after trade liberalisation are used to study the effects of inequality on the difference in growth under …
Persistent link: https://www.econbiz.de/10010702782
gains from trade have been directed towards investment in education and growth in income per capita, whereas a significant … portion of these gains in less developed economies have been channelled towards population growth. Cross-country regressions …
Persistent link: https://www.econbiz.de/10005114289