Showing 1 - 10 of 97
free trade oriented package due to her integration into the European community. The importance of the European economic and … investigates how this finding fits into the literature of the political economy of trade policy and how it can be incorporated into …
Persistent link: https://www.econbiz.de/10009277747
The paper analyses sectoral patterns of intra-Asian trade for selected Asian countries as well as for sub … extra-Asian trade, almost all sample countries concentrate their intra-Asian exports more on non-manufactures. Within … manufactures, resource-intensive goods still play a larger role in intra-Asian trade than in trade outside Asia. This reflects both …
Persistent link: https://www.econbiz.de/10009276242
trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent … are already highly integrated in terms of trade and factor mobility. The potential discrimination effect against trade … to Europe. At the same time, so-called overlap or similarity indices for trade patterns show an increasing similarity …
Persistent link: https://www.econbiz.de/10005755194
The aim of this paper is to provide an overview of empirical cross-country growth literature. The paper begins with describing the basic framework used in recent empirical cross-country growth research. Even though this literature was mainly inspired by endogenous growth theories, the...
Persistent link: https://www.econbiz.de/10009294882
The policies for better health, poverty reduction, and less inequality, throughout the world, require thorough understanding of both the processes and causal paths that underlie the intricate relationship between health and wealth (income). This is deemed difficult, contingent, and only...
Persistent link: https://www.econbiz.de/10005103349
This study estimates and tests the endogeneity of the natural rate of growth using the balance-of-payments consistent rate of growth (BPCRG) instead of the actual rate of growth. Our approach is also theoretically compatible with the one proposed by Thirlwall (2001). Following this idea, we...
Persistent link: https://www.econbiz.de/10011122551
We reconsider the effects of long-run economic growth on relative factor prices across cones of specialization. We model economic growth as exogenous technical change. Allowing for capital biased technical change with a sector bias and for endogenous commodity prices, we find that economic...
Persistent link: https://www.econbiz.de/10005755277
This paper investigates the quality of property rights and long-term economic growth in an international cross-section of countries in 1975-1995. The empirical tests indicate that the impact of private property rights on growth is positive and simultaneously determined. Correcting for the...
Persistent link: https://www.econbiz.de/10005818861
In this paper, we revisit the empirical evidence on the relationship between trade openness and long-run economic … reassesses the openness-growth nexus over a much longer sample period, enabling us to better account both trade policy stance and … literature rather than relying on a few proxy variables. We also construct three additional composite trade policy indexes …
Persistent link: https://www.econbiz.de/10010983169
, financial development, and trade. We apply a panel approach, instrumenting for explanatory variables and correcting for …
Persistent link: https://www.econbiz.de/10010886931