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Does a Leapfrogging Growth Strategy Raise Growth Rate? Some International Evidence
Wang, Zhi - 2010
While openness to trade is a well-recognized hallmark of many successful emerging market economies known as "growth miracles," another component of the growth model is a leapfrogging strategy - the use of policies to guide the industrial structural transformation ahead of a country's factor...
Persistent link: https://www.econbiz.de/10012462266
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The Diffusion of Development
Spolaore, Enrico - 2006
culturally transmitted characteristics - can affect income differences by creating barriers to the diffusion of innovations, even … when they have no direct effect on productivity. The empirical evidence over time and space is consistent with this …
Persistent link: https://www.econbiz.de/10012466502
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Financial Frictions and the Persistence of History : A Quantitative Exploration
Buera, Francisco J. - 2010
neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …
Persistent link: https://www.econbiz.de/10012462256
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Finance, inequality, and poverty : cross-country evidence
Beck, Thorsten - 2004
"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...
Persistent link: https://www.econbiz.de/10010522996
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Finance, Inequality, and Poverty : Cross-Country Evidence
Beck, Thorsten - 2004
While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...
Persistent link: https://www.econbiz.de/10012467709
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Quantifying the Impact of Financial Development on Economic Development
Greenwood, Jeremy - 2010
output by 140 to 180% if it could adopt the world's best practice in the financial sector. Still, this amounts to only 34 to …
Persistent link: https://www.econbiz.de/10012462758
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Government, Financial Markets, and Economic Development
Stiglitz, Joseph E. - 1991
Ideological debates on the role of government in development have focused on two contrasting prescriptions: one calling for large scale government interventions to solve problems of massive market failures, the other for the unfettering of markets, with the dynamic forces of capitalism naturally...
Persistent link: https://www.econbiz.de/10012475342
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Industrial and technological development
Teitel, Simón - 1993
Persistent link: https://www.econbiz.de/10000870984
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Linkages and Economic Development
Bartelme, Dominick - 2015
Specialization is a powerful source of productivity gains, but how production networks at the industry level are … related to aggregate productivity in the data is an open question. We construct a database of input-output tables covering a … a strong and robust relationship between the strength of industry linkages and aggregate productivity. We then calibrate …
Persistent link: https://www.econbiz.de/10012457416
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Market Potential and the Rise of US Productivity Leadership
Liu, Dan - 2013
which the US overtakes Britain in productivity leadership, the US does not have the overwhelming lead in market potential …
Persistent link: https://www.econbiz.de/10012459843