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The New Keynesian Real Business Cycle model with staggered price adjustment is augmented with a R&D producing sector. Two sources of economic shocks are considered, namely random paritcipation (perturbances to value of alternative investment opportunities in another sector) and financial...
Persistent link: https://www.econbiz.de/10011113400
in order to make them conducive to industrialization and development. …
Persistent link: https://www.econbiz.de/10005836721
on imported inputs a couple of decades ago. The literature on industrialization, has discussed the questions of import … substitutions and outward-orientation mainly as alternative routes to industrialization. In both cases, it is argued that “learning …
Persistent link: https://www.econbiz.de/10005836937
The given paper assumes the existence of a correlation between the occupational structure and the mode of social and economic development of a country. It is shown that the modern stage of development in advanced economies could be described by the post-industrial phase with (a) the specific...
Persistent link: https://www.econbiz.de/10011257847
quantify the impact of international trade and trade reform for industrialization. The model features Arming- ton motivated …
Persistent link: https://www.econbiz.de/10011258875
For over four decades after independence in 1947, India’s industrialization took place under a regime with an extensive … industrialization between independence and the onset of liberalization in 1991 is actually marked by a combination of continuity with … the context of dynamic industrialization and structural change, which unfolded within the specific economic, social and …
Persistent link: https://www.econbiz.de/10011260875
This paper aims at describing the regional configuration of 1959 Brazil’s productive structure through the estimation of an Inter-State Input-Output system. The estimated matrix is the oldest of this kind for Brazil. It can, hence, be an important tool for the study of the regional productive...
Persistent link: https://www.econbiz.de/10009220104
reviews the experience of growth and industrialization in the postwar period in more than 100 economies, drawing on time …
Persistent link: https://www.econbiz.de/10009220673
The author provides an alternative for the rationale for South-South trade as a vehicle for industrialization and … industrialization and development of the partner countries for strengthening the role of China as a growth “pole”. He suggest, inter …
Persistent link: https://www.econbiz.de/10008694146
We construct a two-sector endogenous growth model to examine the role of government in industrialization. Three main … passage of time and will stay at a level of balanced growth path in the long run and (c) as the industrialization progresses …
Persistent link: https://www.econbiz.de/10008727900