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Long-Run Economic Growth: An Interdisciplinary Approach
Kibritcioglu, Aykut; Dibooglu, Selahattin - EconWPA - 2001
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
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Endogenous TFP and Cross-Country Income Differences
Cordoba, Juan Carlos; Ripoll, Marla - EconWPA - 2005
This paper explores the quantitative implications of a class of endogenous growth models for cross-country income differences. These models exhibit international spillovers, no scale effects and conditional convergence, and thus they overcome some difficulties faced by the early generation of...
Persistent link: https://www.econbiz.de/10005407660
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The Iberian Tigers versus The Celtic Tiger: Economic Growth Paths in an Economic History Perspective
Sequeira, Tiago Neves - EconWPA - 2003
The years following the Second World War were those of the greatest economic growth that Europe had ever seen. If the … participated in the convergence phenomenon, Ireland, also neutral but democratic, was not able to converge to the developed world …
Persistent link: https://www.econbiz.de/10005076554
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Does Globalization Affect Growth?
Dreher, Axel - EconWPA - 2002
The paper presents an index of globalization covering its three main dimensions: economic integration, social … globalization as well as sub-indexes constructed to measure the single dimensions on economic growth are analyzed empirically. The … results show that globalization promotes growth - but not to an extent necessary to reduce poverty on a large scale. The …
Persistent link: https://www.econbiz.de/10005556005
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Apertura Comercial y Convergencia Regional en Mexico
Diaz-Bautista, Alejandro - EconWPA - 2003
Para conocer el efecto que la apertura comercial ha tenido en la tasa de crecimiento economico de largo plazo y en el proceso de convergencia real entre los estados de Mexico, el presente estudio revisa el marco teorico y conceptual que parece mas adecaudo para esta finalidad, que no es otro que...
Persistent link: https://www.econbiz.de/10005125613
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Time preference, productivity, and the growth effects of integration
Frenkel, Michael; Trauth, Thomas - EconWPA - 1996
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 dynamic gains are likely to be significantly more important...
Persistent link: https://www.econbiz.de/10005062653
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NATURAL RESOURCE ABUNDANCE AND ECONOMIC GROWTH REVISITED
Stijns, Jean-Philippe - EconWPA - 2001
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
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The Influence of Capital Controls on Long Run Growth: Where and How Much?
Chanda, Areendam - EconWPA - 2002
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
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FDI and Economic Growth: The Role of Local Financial Markets*
Kalemli-Ozcan, Sebnem; Alfaro, Laura; Sayek, Selin; … - EconWPA - 2002
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
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Export variety and economic growth in East European transition economies
Funke, Michael; Ruhwedel, Ralf - EconWPA - 2003
Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from...
Persistent link: https://www.econbiz.de/10005561365