Showing 1 - 10 of 65
This paper examines whether the export decision of firms is affected by their ownership structure, specifically it looks at whether family control is an obstacle to entering foreign markets. The underlying assumption is that family firms are risk averse. Risk aversion may be an obstacle to...
Persistent link: https://www.econbiz.de/10010745788
Convergence concerns poor economies catching up with rich ones. At is- sue is what happens to the cross sectional distribution of economies, not whether a single economy tends towards its own steady state. It is the latter, however, that has preoccupied the traditional approach to con- vergence...
Persistent link: https://www.econbiz.de/10010745108
This paper analyzes the welfare benefits from falling relative prices of IT (information technology) goods across a wide range of countries. We find, using two separate methodologies and datasets, that welfare benefits mainly accrue to users of IT, not their producers, because of falling...
Persistent link: https://www.econbiz.de/10010746377
This paper studies growth and inequality in China and India – two economies that account for a third of the world …’s population. By modelling growth and inequality as components in a joint stochastic process, the paper calibrates the impact each … macroeconomic: growing average incomes dominate all else. The relation between aggregate economic growth and within …
Persistent link: https://www.econbiz.de/10010746699
This paper examines the impact of mass media and information and commu- nications technologies (ICT) as knowledge-based infrastructures on economic development. The results suggest that both mass media and ICT penetra- tion are negatively associated with corruption. This result holds across both...
Persistent link: https://www.econbiz.de/10011071188
economic growth. It argues that what is most notable about the New Economy is that it is knowledge-driven, not just in the …
Persistent link: https://www.econbiz.de/10011071192
side consequence of a more central ques- tion, namely that concerning the nature of economic growth. This paper argues …
Persistent link: https://www.econbiz.de/10010928784
Per capita incomes across European regions are not equal and do not stay constant; regional income distributions uctuate over time. Such a process could have many possible limiting outcomes: complete equal- ity (convergence), stratication, and continually increasing inequality are but three...
Persistent link: https://www.econbiz.de/10010884518
find that changes in firm-country-product exports and imports occurred mostly atthe intensive margin: the number of firms … and countrycharacteristics. The most important factor explaining changes in exports is the destination country …'sgrowth rate of GDP. Had growth rates in 20082009 been the same as in 20072008, Belgian exportswould have fallen by about 57 less …
Persistent link: https://www.econbiz.de/10010744902
', with some regions (countries, or smaller areas such as cities) experiencing rapid growth and others being left behind. …
Persistent link: https://www.econbiz.de/10010745807