Showing 1 - 10 of 210
In this Paper we estimate the dynamic relationship between resources used in R&D by some OECD countries and their innovation output as measured by patent applications. We first estimate a long-run cointegration relation using recently developed tests and panel estimation techniques. We find that...
Persistent link: https://www.econbiz.de/10005666419
The export booms in South Korea and Taiwan starting in the early 1960s are anomalous when compared with later export booms in other, non-East Asian countries such as Chile and Turkey. First, these booms have taken place in the context of comparatively small changes in relative prices in favour...
Persistent link: https://www.econbiz.de/10005661548
The controversy over the appropriate partitioning of East Asian growth into accumulation versus technical change has overlooked a fundamental indeterminacy in measurement. As a result, we cannot rule out the possibility that East Asia has in fact experienced a tremendous amount of technological...
Persistent link: https://www.econbiz.de/10005124261
This paper presents new estimates of the economic benefits from economic and political integration. Using the synthetic counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the European Union (EU) in the 1973, 1980s, 1995...
Persistent link: https://www.econbiz.de/10011084144
This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an ‘emerging twin peaks’ in the cross-sectional...
Persistent link: https://www.econbiz.de/10005792305
Rapid industrialization in East Asia, particularly China, is raising questions about who will feed the region in the next century and how Asia will pay for its food imports. The paper addresses this question by first reviewing existing food sector projections and then taking an economy-wide...
Persistent link: https://www.econbiz.de/10005497955
During Egypt's Arab Spring, unprecedented popular mobilization and protests brought down Hosni Mubarak's government and ushered in an era of competition between three groups: elites associated with Mubarak's National Democratic Party (NDP), the military, and the Islamist Muslim Brotherhood....
Persistent link: https://www.econbiz.de/10011083238
Who becomes a top politician in China? We focus on provincial leaders, a pool of candidates for top political office, and examine how their chance of being promoted depends on performance - measured by provincial economic growth - and connections with top politicians - measured by past joint...
Persistent link: https://www.econbiz.de/10011083274
One of the most important decisions that governments face is how to allocate the public resources necessary for development, given each country’s budget constraints. According to the literature on the links between wealth and institutional performance, highly kleptocratic countries are...
Persistent link: https://www.econbiz.de/10011083396
This paper revisits demographic dividend issues after almost two decades of debate. In 1998, David Bloom and Jeffrey Williamson used a convergence model to estimate the impact of demographic-transition-driven age structure effects and calculated what the literature has come to call the...
Persistent link: https://www.econbiz.de/10011083629