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As a prelude to tariff reduction, the government is currently assessing the implications of significantly reducing tariffs due, in part, to its 2001 agreement with Ghana to quickly implement the ECOWAS Trade Liberalization Scheme. The obvious questions are: Should Nigeria liberalize to all...
Persistent link: https://www.econbiz.de/10005062614
countries of Latin American region have revealed higher export sensitivity to world commodity prices, domestic absorption and … total factor productivity and exports in the countries of the region in reference to the economic growth pattern emerged … during 1950-2003. The Cobb-Douglas function has been used to measure the total factor productivity and Nash equilibrium has …
Persistent link: https://www.econbiz.de/10005407890
Strategies for trade liberalization in developing countries when time preference rates are heterogeneous across countries are examined in the context of endogenous growth. The paper concludes that the best strategy for a developing country with the higher rate of time preference is generally the...
Persistent link: https://www.econbiz.de/10005062616
The new version of the CGE model of the Slovenian economy, based on the 1998 SAM, was used for simulations of the consequences of further foreign trade liberalization after 1998 as the outcome of the finished processes of implementation of Free Trade Agreements and the European Agreement,...
Persistent link: https://www.econbiz.de/10005408067
We describe the relation between welfare growth and productivity growth. We argue that differences in productivity and … productivity growth between sectors or countries are irrelevant from a policy perspective. Specialisation is based on the … comparative advantages of countries. Since, by nature, some sectors witness higher productivity growth than others, so do …
Persistent link: https://www.econbiz.de/10005124907
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
The current population in the World has grown beyond the Break-even level of the food supplies, water, clothing and … practical solutions. Algebraic Model with a broad based Redefined Productivity Model and Management Decision integrated with …
Persistent link: https://www.econbiz.de/10005119190
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
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
the discussion by investigating how differences in time preference rates and R&D productivity under alternative …
Persistent link: https://www.econbiz.de/10005062653