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theory. The key point here is that countries trading is not sufficient proof that trade helps cause per capita income …
Persistent link: https://www.econbiz.de/10012472931
This paper examines the relationship between openness, trade, and migration in the Asia-Pacific region during the post-1970 period. Conventional reduced-form empirical-growth specifications are augmented by an appeal to structural modelling, an extension that reveals a rich set of interactions...
Persistent link: https://www.econbiz.de/10012473599
control the cash flows of a firm plays an important role in the technology adoption decision. Can such a theory help to …
Persistent link: https://www.econbiz.de/10012457810
We consider trade between two countries of unequal size, where the creation of new intermediate inputs occurs in both. We assume that the knowledge gained from R&D in one country <i>does not</i> spillover to the other. Under autarky, the larger country would have a higher rate of product creation. When...
Persistent link: https://www.econbiz.de/10012475759
In this survey, I discuss four sources of growth of knowledge: research, schooling, learning by doing, and training. In trying to disentangle what is important, I emphasize the following facts: (1) even the most advanced countries spend far more on adoption of existing technologies than on...
Persistent link: https://www.econbiz.de/10012473484
question for the economist is: Why does the new growth theory spend so little time dealing with these open economy forces? The …
Persistent link: https://www.econbiz.de/10012473774
We develop a Ricardian model to explore the role of trade in spreading the benefits of" innovation. The theory delivers …
Persistent link: https://www.econbiz.de/10012472558
Using an endogenous growth model in which learning by doing, although bounded in each good, exhibits spillovers across goods, this paper investigates the dynamic effects of international trade. Examining an LDC and a DC, the latter distinguished by a higher initial level of knowledge, under...
Persistent link: https://www.econbiz.de/10012475443
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10012458744
This paper investigates the determinants of countries' export performance looking in particular at the role of international product market linkages. We begin with a novel decomposition of the growth in countries' exports into the contribution from increases in external demand and from improved...
Persistent link: https://www.econbiz.de/10012469061