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We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...
Persistent link: https://www.econbiz.de/10011252617
-1878. There were three forces at work that account for Mexican exceptionalism: first, the terms of trade and Dutch disease effects …
Persistent link: https://www.econbiz.de/10005123574
something else mattered just as much: the opening up of the European economy to international trade. …
Persistent link: https://www.econbiz.de/10005123980
How much of China’s recent economic performance can be attributed to market-oriented reforms introduced in the last two decades? A long-run perspective may be important for understanding the process of economic development occurring today. This Paper compares the integration of rice markets in...
Persistent link: https://www.econbiz.de/10005136759
and growth in services' trade. The objective of this paper is to build a simple three sector quantitative model which can … productivity (TFP) and increase in the level of trade in industrial and service sectors. The results from a counterfactual … of sectoral trade negligibly affects the results. Hence I conclude that services' productivity growth versus the increase …
Persistent link: https://www.econbiz.de/10005059856
Persistent link: https://www.econbiz.de/10005059859
Increased openness is seen by some as a panacea for development while for others it is a recipe for disaster for the poor. Using the example of Ethiopia, this paper discusses some of the key challenges faced by some of the poorest African countries in beneficially engaging in the world economy....
Persistent link: https://www.econbiz.de/10005059984
We compare economic efficiencies in Brazil, India, and China, where economic efficiency measures the gap between potential and actual output for a given input combination and technological factor. We use stochastic production frontier models to measure the contributions of factors of production...
Persistent link: https://www.econbiz.de/10005031874
Persistent link: https://www.econbiz.de/10005033198
. In doing so, it considers the main channels of transmission, to focus on international trade, investment, finance and …
Persistent link: https://www.econbiz.de/10005033242