Showing 1 - 10 of 357
convergencia economica regional en Mexico y los efectos de la apertura comercial. In order to know the effects of trade openess in …
Persistent link: https://www.econbiz.de/10005125613
Strategies for trade liberalization in developing countries when time preference rates are heterogeneous across … with the higher rate of time preference is generally the strategy of free trade with wielding market power if the country …
Persistent link: https://www.econbiz.de/10005062616
This paper develops a growth theory that accounts for the evolution of trade policy, underlying internal class … effects of international trade, this paper finds a prominent interaction between trade policy and the pattern of economic … trade policy. In contrast, land- abundant countries, especially those with concentrated landownership, tend to fail to take …
Persistent link: https://www.econbiz.de/10005118700
The captioned article was earlier published in “Economic Horizons” volume 18, #72 – AH 1418 – 1997 (4) Pages (65-78). I had some concerns about the article regarding the methodology adopted for analysis in deriving the macroeconomic parameters and the derivation and interpretation of...
Persistent link: https://www.econbiz.de/10005561154
Economic growth and development is a complicated process that falls into the domain of many disciplines in social sciences and humanities. It is natural then to study fundamental aspects of economic growth synthesizing research in relevant fields. In this short paper, we argue that this has...
Persistent link: https://www.econbiz.de/10005126120
Traditional trade theory emphasizes static gains form trade, whereas the growing literature on endogenous growth is … able to explain dynamic gains from trade, i.e., how trade influences economic growth. Empirical studies suggest that … question: do welfare improving effects of trade still prevail when countries are "unequal" in some sense? This paper extends …
Persistent link: https://www.econbiz.de/10005062653
Data on energy and mineral reserves suggest that natural resource abundance has not been a significant structural determinant of economic growth between 1970 and 1989. The story behind the effect of natural resources on economic growth is a complex one that typical growth regressions do not...
Persistent link: https://www.econbiz.de/10005118731
The recent financial crisis in East Asia generated a revival of interest in the merits of financial openness. The ensuing debate on the benefits of openness has focused more on short and medium run issues than on the long run effects. Within the empirical literature on economic growth, little or...
Persistent link: https://www.econbiz.de/10005119494
In this paper, we examine the various links among foreign direct investment (FDI), financial markets, and economic growth. We explore whether countries with better financial systems can exploit FDI more efficiently. Empirical analysis, using crosscountry data between 1975- 1995, shows that FDI...
Persistent link: https://www.econbiz.de/10005561328
some direct measures of product variety calculated from 5-digit OECD trade data. Although the issue is far from settled …
Persistent link: https://www.econbiz.de/10005561365