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Regional Convergence in Latin America
Sutton, Bennett; Lindow, Genevieve; Serra, Maria Isabel; … - International Monetary Fund (IMF) - 2006
This paper presents empirical evidence on convergence of per capita output for regions within six large middle-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several exogenous sectoral shocks and differences in steady states...
Persistent link: https://www.econbiz.de/10005769080
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The Long-Run Effects of Tradeon Income and Income Growth
Brunner, Allan D. - International Monetary Fund (IMF) - 2003
This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate of the economy. Using a dynamic panel data model,...
Persistent link: https://www.econbiz.de/10005769087
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Development Aid and Economic Growth; A Positive Long-Run Relation
Reddy, Sanjay; Minoiu, Camelia - International Monetary Fund (IMF) - 2009
We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the...
Persistent link: https://www.econbiz.de/10008528696
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How Has Nafta Affected the Mexican Economy? Review and Evidence
Kose, M. Ayhan; Towe, Christopher M.; Meredith, Guy - International Monetary Fund (IMF) - 2004
This paper provides a comprehensive assessment of the impact of NAFTA on growth and business cycles in Mexico. The effect of the agreement in spurring a dramatic increase in trade and financial flows between Mexico and its NAFTA partners, and its impact on Mexican economic growth and business...
Persistent link: https://www.econbiz.de/10005599680
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Growth in Africa Under Peace and Market Reforms
Korbut, Olessia; Salinas, Gonzalo; Gueye, Cheikh A. - International Monetary Fund (IMF) - 2011
Economic stagnation in Sub-Saharan Africa (SSA) has led several economists to question the region’s ability to attain sustained economic growth, some of them arguing for the need to shift away from natural resource - based exports. Yet, we find that low growth has not been common to all...
Persistent link: https://www.econbiz.de/10008876587
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Dynamic Gains From Trade; Evidence From South Africa
Subramanian, Arvind; Jonsson, Gunnar - International Monetary Fund (IMF) - 2000
This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It …
Persistent link: https://www.econbiz.de/10005264046
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Will there Be New Emerging-Market Economies in Africa b+L2280y the Year 2020?
Berthélemy, Jean-Claude; Söderling, Ludvig - International Monetary Fund (IMF) - 2002
used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic … suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture. …
Persistent link: https://www.econbiz.de/10005264099
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Economic Integration, Business Cycle, and Productivity in North America
Kose, M. Ayhan; Cardarelli, Roberto - International Monetary Fund (IMF) - 2004
productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement … productivity of Canadian industries, the persistence of structural differences between the two countries has prevented convergence … of aggregate labor productivity. While these findings seem to weigh against moving toward a monetary union, they also …
Persistent link: https://www.econbiz.de/10005769318
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Rapid Growth in Transition Economies; Growth-Accounting Approach
Iradian, Garbis - International Monetary Fund (IMF) - 2007
conclusion is that the estimated total factor productivity (TFP) growth for the former Soviet Union republics were significantly …
Persistent link: https://www.econbiz.de/10005604998
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The Elusive Gains From International Financial Integration
Gourinchas, Pierre-Olivier; Jeanne, Olivier - International Monetary Fund (IMF) - 2004
from a take-off in domestic productivity of the magnitude observed in some of these countries. …
Persistent link: https://www.econbiz.de/10005605034