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Convergence in Growth Rates: The Role of Capital Mobility and International Taxation
Razin, Assaf; Yuen, Chi-Wa - C.E.P.R. Discussion Papers - 1993
We consider the role of capital mobility and international taxation in explaining the observed diversity in long-term income growth rates. Under perfect capital mobility, international differences in taxes will not matter for total growth differentials. Policy differences have a role to play in...
Persistent link: https://www.econbiz.de/10005067595
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Convergence in Growth Rates: A Quantitative Assessment of the Role of Capital Mobility and International Taxation
Razin, Assaf; Yuen, Chi-Wa - C.E.P.R. Discussion Papers - 1993
We provide an exploratory quantitive analysis of the role of capital mobility and international taxation in explaining the observed cross-country diversity in the long-run rates of growth of per capita and total incomes as well as the population growth rates. Corroborative evidence is found for...
Persistent link: https://www.econbiz.de/10005656281
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Telecommunications Infrastructure And Economic Development: A Simultaneous Approach
Röller, Lars-Hendrik; Waverman, Leonard - C.E.P.R. Discussion Papers - 2000
This paper investigates how telecommunications infrastructure affects economic growth. This issue is important and has received considerable attention in the popular press concerning the creation of the 'information superhighway' and its potential impacts on the economy. We use evidence from 21...
Persistent link: https://www.econbiz.de/10005123589
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The Agricultural Origins of Time Preference
Galor, Oded; Özak, Ömer - C.E.P.R. Discussion Papers - 2014
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10011083828
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Foreign Direct Investment as Technology Transferred: Some Panel Evidence from the Transition Economies
Campos, Nauro F; Kinoshita, Yuko - C.E.P.R. Discussion Papers - 2002
economic growth of host countries. One reason for this difficulty is that theory equates FDI to technology transferred, while … in most countries and regions of the world FDI encompasses an array of arrangements that goes well beyond pure technology …, in this more appropriate setting, FDI has a positive and significant impact on economic growth as theory predicts. …
Persistent link: https://www.econbiz.de/10005114268
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Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?
Sabirianova Peter, Klara; Svejnar, Jan; Terrell, Katherine - C.E.P.R. Discussion Papers - 2005
catching up to the (world) efficiency standard given by foreign-owned firms; and the distance of the Russian firms to the … implementations of the Washington Consensus policies have thus not enabled domestic firms to start catching up to the world standard …
Persistent link: https://www.econbiz.de/10005792168
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Trade Policies and Development: Some New Issues
Rodrik, Dani - C.E.P.R. Discussion Papers - 1990
The 1980s have seen the beginnings of a change of heart among developing country policymakers, as the import-substitution consensus of the previous decade has all but evaporated. It is paradoxical that the 1980s should have become the decade of trade liberalization in LDCs, since this has also...
Persistent link: https://www.econbiz.de/10005281315
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Foreign Direct Investment and Trade Interlinkages in the 1990s: Experience and Prospects of Developing Countries
Katseli, Louka Tarsitsa - C.E.P.R. Discussion Papers - 1992
The paper analyses global trends in foreign direct investment (FDI) and the interlinkages between FDI, trade and competitiveness in host developing countries. The rapid rate of growth and the recent changes in the global patterns of FDI are attributed to both macroeconomic and microeconomic...
Persistent link: https://www.econbiz.de/10005114448
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Forbidden Fruits: The Political Economy of Science, Religion, and Growth
Bénabou, Roland; Ticchi, Davide; Vindigni, Andrea - C.E.P.R. Discussion Papers - 2015
We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...
Persistent link: https://www.econbiz.de/10011262883
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Price Distortions and Economic Growth in Sub-Saharan Africa
Anderson, Kym; Brückner, Markus - C.E.P.R. Discussion Papers - 2011
To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices...
Persistent link: https://www.econbiz.de/10009246604