We discuss the role of contracting impediments created by the existence of national borders on open economy growth. In … a two-good neoclassical Ramsey growth model with lack of enforcement on international trade contracts we show that … many researchers believe, international trade affects growth by increasing investment rates. The model provides a new …

Countries rich in natural resources constitute both growth losers and growth winners. We claim that the main reason for …

Trade is shown to increase economic growth purely through comparative advantage without recourse to scale effects …, technology transfer, research and development, or even international investment. The resulting growth rates are those that would … result from technology transfer, even though no technology transfer actually occurs. A balanced growth rate exists, is …

The present work encloses an analysis related to the channels through which income inequality affects economic growth … and another related to the sources of economic growth. In the first, we use two-stage estimation with fixed effects … finding that the fiscal effects of inequality on growth may depend on the government expenditure covariate. Secondly, we …

In this model of North and South economies, growth is driven by Schumpeterian R&D and by accumulation of two types of …. Growth is endogenous and independent of scale effects. South's imitation of existing technology is conditional to the … distance to the technological frontier. Growth depends on technological advances in the quality of available intermediate goods …

The paper studies the contribution of human capital on economic growth through its impact on the rate of innovation by … formulating an endogenous growth model that combines elements from Romer (1990), Aghion and Howitt (1992), and van Zon and …-the-job training on the innovative capacity of an economic system that is the ultimate cause of output growth. In our set-up, general …

Recent growth theories have utilized the Ben-Porath (1967) mechanism according to which prolonging the period in which … individuals may receive returns on their investment spurs investment in human capital and cause growth. An important, though … “growth” of the nowadays developed economies. Specifically, we estimate the expected total working hours over the lifetime of …

South. Under North-South technological diffusion, endogenous economic growth depends on Schumpeterian R&D - innovation in … school intensive while the latter is on-the-job-training intensive. The effects of trade upon growth and wage inequality …