Showing 1 - 10 of 549
When local cost discovery generates knowledge spillovers, specialization patterns become partly indeterminate and the mix of goods that a country produces may have important implications for economic growth. We demonstrate this proposition formally and adduce some empirical support for it. We...
Persistent link: https://www.econbiz.de/10005136447
Development accounting exercises based on an aggregate production function find technology is biased in favour of a country's abundant production factors. We provide an explanation to this finding based on the Heckscher-Ohlin model. Countries trade and specialize in the industries that use...
Persistent link: https://www.econbiz.de/10005136510
Much more than comparative advantage and free markets have been at play in shaping China's export success. Government policies have helped nurture domestic capabilities in consumer electronics and other advanced areas that would most likely not have developed in their absence. As a result, China...
Persistent link: https://www.econbiz.de/10005114180
and labour productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in …, a country which had relatively poor productivity growth in agriculture and low living standards prior to 1800, was a … productivity after 1898. …
Persistent link: https://www.econbiz.de/10005114196
Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of … total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a … country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We …
Persistent link: https://www.econbiz.de/10005498140
FDI has received surprisingly little attention in theoretical and empirical work on openness and growth. This paper presents a theoretical growth model where MNCs directly affect the endogenous growth rate via technological spillovers. This is novel since other endogenous growth models with...
Persistent link: https://www.econbiz.de/10005504277
This paper looks at Austria's pattern of development and its lessons for Eastern Europe. Austria's development path is characterized by three features. In the post-war era Austria was among the countries with the fastest convergence rate. At the same time Austria's movement up the technological...
Persistent link: https://www.econbiz.de/10005666891
This paper examines how international flows of technological knowledge affect economic performance across industries and firms in different countries. Motivated by the large share of the world's technology investments made by firms that are active across borders, we focus on international trade...
Persistent link: https://www.econbiz.de/10008577803
companies) perform relatively worse (in terms of productivity, investment, and business creation) in sectors characterized by … and dispersion of productivity growth. …
Persistent link: https://www.econbiz.de/10005791288
This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in the Mexican soaps, detergents and surfactants (SDS) industry. Several basic findings emerge. First, the most fundamental effect of NAFTA and the GATT on the SDS industry was to...
Persistent link: https://www.econbiz.de/10005661768