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TFPG Controversies, Institutions, and Economic Performance in East Asia
Rodrik, Dani - C.E.P.R. Discussion Papers - 1997
when institutional quality is instrumented. Finally, the experience of Hong Kong, which has had a flat investment ratio … since the 1960s, is consistent with the idea that making the transition from a low-investment economy to a high-investment …
Persistent link: https://www.econbiz.de/10005124261
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It's Not What You Make, It's How You Use IT: Measuring the Welfare Benefits of the IT Revolution Across Countries
Bayoumi, Tamim; Haacker, Markus - C.E.P.R. Discussion Papers - 2002
This Paper analyses the welfare benefits from falling relative prices of IT (Information Technology) goods across a wide range of countries. Using two separate methodologies and datasets, we find that welfare benefits mainly accrue to users of IT, not their producers, because of falling relative...
Persistent link: https://www.econbiz.de/10005124148
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Convergence Empirics Across Economies with (Some) Capital Mobility
Quah, Danny - C.E.P.R. Discussion Papers - 1994
experiences across countries. Conditioning on physical capital investment, secondary school enrolment, and a dummy for the African …
Persistent link: https://www.econbiz.de/10005661869
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Structural Development Accounting
Gancia, Gino A; Müller, Andreas; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2011
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10008854520
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Measuring the bias of technological change
Doraszelski, Ulrich; Jaumandreu, Jordi - C.E.P.R. Discussion Papers - 2014
Technological change can increase the productivity of the various factors of production in equal terms or it can be … biased towards a specific factor. We develop an estimator for production functions when productivity is multi-dimensional. We …
Persistent link: https://www.econbiz.de/10011093691
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The District and the Global Economy: Exporting versus Foreign Location
Basevi, Giorgio; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2001
This Paper studies the welfare implications of the location decisions of innovative newcomers that, though spinning off an industrial district, may choose whether to locate inside or outside its borders. Even if this choice has always been relevant, globalization has turned the issue, whether to...
Persistent link: https://www.econbiz.de/10005662351
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Free Trade and Long-Run Growth
Ben-David, Dan; Loewy, Michael B - C.E.P.R. Discussion Papers - 1995
What is the impact of movement towards free trade on output? Can this impact permanently affect output levels, and more importantly, will it have an impact on steady-state growth rates? This paper provides empirical evidence showing how countries have exhibited substantial increases in their...
Persistent link: https://www.econbiz.de/10005666425
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Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs
Quah, Danny - C.E.P.R. Discussion Papers - 1997
This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an ‘emerging twin peaks’ in the cross-sectional...
Persistent link: https://www.econbiz.de/10005792305
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Growing Locations: Industry Location in a Model of Endogenous Growth
Martin, Philippe; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 1996
This paper constructs a model of endogenous growth and endogenous industry location where the two interact. We show that with global spillovers in R&D, a high growth rate and a high level of transaction costs are associated with relocation of the newly created firms to the South (the location...
Persistent link: https://www.econbiz.de/10005661676
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Trade Strategy, Investment and Exports: Another Look at East Asia
Rodrik, Dani - C.E.P.R. Discussion Papers - 1995
in investment. This paper offers an argument and a formal model to suggest that exports in East Asia may have been driven … by an increase in the profitability of investment, with outward orientation a consequence of the investment boom rather … than its instigator. In economies like South Korea and Taiwan, an increase in investment required an increase in imports of …
Persistent link: https://www.econbiz.de/10005661548