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Competing Engines of Growth : Innovation and Standardization
Acemoglu, Daron - 2010
production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … adapted to be produced using unskilled labor. Our framework highlights a number of novel results. First, standardization is … standardization rate (and of competition). Second, we characterize the growth and welfare maximizing speed of standardization. We show …
Persistent link: https://www.econbiz.de/10012462712
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Capital Account Liberalization and Growth : Was Mr. Mahathir Right?
Eichengreen, Barry - 2003
Much ink has been spilled over the connections between capital account liberalization and growth. One reason that previous studies have been inconclusive, we show, is their failure to account for the impact of crises on growth and for the capacity of controls to limit those disruptive output...
Persistent link: https://www.econbiz.de/10012469276
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Fractionalization
Alesina, Alberto - 2003
We provide new measures of ethnic, linguistic and religious fractionalization for about 190 countries. These measures are more comprehensive than those previously used in the economics literature and we compare our new variables with those previously used. We also revisit the question of the...
Persistent link: https://www.econbiz.de/10012469292
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Institutions Rule : The Primacy of Institutions over Geography and Integration in Economic Development
Rodrik, Dani - 2002
world, using recently developed instruments for institutions and trade. Our results indicate that the quality of …
Persistent link: https://www.econbiz.de/10012469401
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Still Fettered After All These Years
Eichengreen, Barry - 2002
monetary and financial system in transmitting those destabilizing impulses to the rest of the world. It explains the speed and …
Persistent link: https://www.econbiz.de/10012469433
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People's Opium? Religion and Economic Attitudes
Guiso, Luigi - 2002
institutional factors. We use the World Values Surveys to identify the relationship between intensity of religious beliefs and …
Persistent link: https://www.econbiz.de/10012469472
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Borders and Growth
Spolaore, Enrico - 2002
negative effect through reduced openness vis-…-vis the rest of the world. We estimate the growth effects that would have …
Persistent link: https://www.econbiz.de/10012469486
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Is Trade Good or Bad for the Environment? Sorting Out the Causality
Frankel, Jeffrey A. - 2002
What is the effect of trade on a country's environment, for a given level of GDP? Some have observed an apparent positive correlation between openness to trade and measures of environmental quality. But this could be due to endogeneity of trade, rather than causality. This paper uses exogenous...
Persistent link: https://www.econbiz.de/10012469508
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Why Did the Tariff-Growth Correlation Reverse After 1950?
Clemens, Michael A. - 2002
This paper uses a new database to establish a key finding: high tariffs were associated with fast growth before World … controlling for novel measures of the changing world economic environment. Rejecting alternative explanations based on changing … head in a world environment characterized by a moderately higher level of generalized tariff protection. We confirm the …
Persistent link: https://www.econbiz.de/10012469529
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International Financial Integration and Economic Growth
Edison, Hali J. - 2002
This paper uses new data and new econometric techniques to investigate the impact of international financial integration on economic growth and also to assess whether this relationship depends on the level of economic development, financial development, legal system development, government...
Persistent link: https://www.econbiz.de/10012469546