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Gains from Synchronization
Barnett, William; Dalkir, Mehmet - EconWPA - 2005
This paper investigates the transmission mechanisms of noise and volatility between economies through trade links, and the effects of synchronization on business cycles. We investigate the transmission of outside noise and the fluctuations that the noise generates. We identify conditions under...
Persistent link: https://www.econbiz.de/10005119350
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Openness and Human Capital as Sources of Productivity Growth: An Empirical Investigation
Söderbom, Måns; Teal, Francis - EconWPA - 2004
Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key … on productivity growth. If the level of openness of an economy is doubled the underlying rate of technical progress will … the level of income but no effect on underlying productivity growth. Our preferred estimator combines high and low …
Persistent link: https://www.econbiz.de/10005556098
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Size and Efficiency in African Manufacturing Firms:Evidence from Firm-Level Panel Data
Söderbom, Måns; Teal, Francis - EconWPA - 2004
a non-homothetic technology. Observable skills are not quantitatively important as determinants of productivity …
Persistent link: https://www.econbiz.de/10005118707