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Avoiding the Trap: The Dynamic Interaction of North-South Capital Mobility and Technology Diffusion

Hübler, Michael - Institut für Weltwirtschaft (IfW) - 2009

This paper analyzes a stylized model of international capital mobility and diffusion of embodied technologies from North to South. The South can fall behind in terms of technologies or get trapped in a situation, in which it is unable to attract foreign capital and embodied technologies, if its...

Persistent link: https://www.econbiz.de/10005076090

The Optimal Transfer of Capital and Embodied Technologies to Developing Countries

Hübler, Michael; Lontzek, Thomas S. - Institut für Weltwirtschaft (IfW) - 2009

We study the North-South diffusion of technologies embodied in internationally mobile capital in a framework of intertemporal global welfare maximization. Convergence of the growth rates of technical change in the North and South always occurs in the long-run. However, the degree to which the...

Persistent link: https://www.econbiz.de/10005818868

Explaining the East German Productivity Gap ; The Role of Human Capital

Ragnitz, Joachim - Institut für Weltwirtschaft (IfW) - 2007

The paper concentrates on the question whether the low level of productivity in East Germany can be explained by … younger cohorts. This impedes a fast convergence in productivity between East and West Germany. …

Persistent link: https://www.econbiz.de/10005755231

Innovation and Productivity in European Industries

Pianta, Mario; Vaona, Andrea - Institut für Weltwirtschaft (IfW) - 2006

The labour productivity impact of innovation is investigated in this paper combining neo-Schumpeterian insights on the … productivity and export success in European manufacturing industries and firm size classes. The empirical estimates are based on …-sectional estimation methodologies able to account for unobserved industrial characteristics, show that productivity in Europe relies on …

Persistent link: https://www.econbiz.de/10005755207

Contribution of health to economic development: a survey and overview

Husain, Muhammad Jami - Institut für Weltwirtschaft (IfW) - 2009

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

The Effects of Greenfield FDI and Cross-border M&As on Total Factor Productivity

Ashraf, Ayesha; Herzer, Dierk; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2014

Based on original survey data, this paper analyses and compares the role of personal traits and social capital in determining entrepreneurial intentions of students in Hong Kong and in Guangzhou (mainland China). The two cities are culturally closely related but differ strongly with respect to...

Persistent link: https://www.econbiz.de/10010886865

Boats and tides and "Trickle Down" theories: What economists presume about wellbeing when they employ stochastic process theory in modeling behavior

Anderson, Gordon - Institut für Weltwirtschaft (IfW) - 2012

Aphorisms that "Rising tides raise all boats" or that material advances of the rich eventually "Trickle Down" to the poor are really maxims regarding the nature of stochastic processes that underlay the income/wellbeing paths of groups of individuals. This paper looks at the implications for the...

Persistent link: https://www.econbiz.de/10010956065

The New Growth Theories and Their Empirics after Twenty Years

Capolupo, Rosa - Institut für Weltwirtschaft (IfW) - 2008

In this work we update the reviews on endogenous growth theories, after two decades of theoretical and empirical contributions in order to explore whether recent empirical studies have become more supportive of their main predictions. Among the core topics studied in the growth econometric...

Persistent link: https://www.econbiz.de/10005083353

Cross-country growth empirics and model uncertainty: An overview

Ulaşan, Bülent - Institut für Weltwirtschaft (IfW) - 2011

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

Testing growth theories: Time series evidence

Gundlach, Erich - Institut für Weltwirtschaft (IfW) - 1992

Recent time series studies reject the hypothesis of catching up in terms of international per capita incomes as derived from the traditional neoclassical growth model. In turn, they seem to support new theories of economic growth which are capable of explaining persistent international...

Persistent link: https://www.econbiz.de/10009367367