Showing 1 - 4 of 4
This paper examines the factor intensity of South Africa''s trade. The conclusion is that South Africa is revealed though its trade pattern to be capital abundant (relative to labor). Surprisingly, this result holds especially for South Africa''s trade with its high income partners, which should...
Persistent link: https://www.econbiz.de/10014403673
trade and TFP growth both over time and across sectors …
Persistent link: https://www.econbiz.de/10014399824
A dozen countries had weak institutions in 1960 and yet sustained high rates of growth subsequently. We use data on … their characteristics early in the growth process to create benchmarks with which to evaluate potential constraints on … sustained growth for sub-Saharan Africa. This analysis suggests that what are usually regarded as first-order problems …
Persistent link: https://www.econbiz.de/10014399978
We estimate the respective contributions of institutions, geography, and trade in determining cross-country income levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions ""trumps"" everything else. Controlling for...
Persistent link: https://www.econbiz.de/10014401492