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Heavyweights - the impact of large businesses on productivity growth

Falck, Oliver - 2007

The idea of an industrial policy that promotes large businesses - heavyweights - as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...

Persistent link: https://www.econbiz.de/10010264240

Does financial integration spur economic growth? : New evidence from the first era of financial globalization

Schularick, Moritz; Steger, Thomas M. - 2006

Does international financial integration boost economic growth? The question has been discussed controversially for a long time. As of yet, robust evidence for a positive impact is lacking (Edison et al., 2002). However, there is substantial narrative evidence from economic history that...

Persistent link: https://www.econbiz.de/10010276748

Financial integration, globalization, and real activity

De Nicolò, Gianni; Juvenal, Luciana - 2012

Using data for a large number of advanced and emerging market economies during 1982-2009, this paper examines the distinct impact of financial integration and globalization on several dimensions of real activity. We find that: (a) financial integration has progressed significantly worldwide,...

Persistent link: https://www.econbiz.de/10010280851

New Technologies, Global Value Chains, and the Developing Economies

Rodrik, Dani - 2019

Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as conduits for new technologies. However, new capabilities and productive employment remain limited so far to a tiny sliver of globally integrated firms. GVCs and new technologies...

Persistent link: https://www.econbiz.de/10012892047

Economic Globalisation and Africa's Quest for Greener and More Inclusive Growth : The Missing Link

Ofori, Isaac K; Freytag, Andreas; Asongu, Simplice A. - 2023

This study examines the contingency and threshold effects of economic freedom in the economic globalisation (EG) and inclusive green growth (IGG) relationship in Africa. Based on macro data for 22 African countries and the Driscoll-Kraay standard errors with fixed effects instrumental variable...

Persistent link: https://www.econbiz.de/10014347989

Protectionism and Economic Growth : Causal Evidence from the First Era of Globalization

Potrafke, Niklas; Ruthardt, Fabian; Wuthrich, Kaspar - 2021

We investigate how protectionist policies influence short-run economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. The...

Persistent link: https://www.econbiz.de/10013227482

Political persistence, connections and economic growth

Bellettini, Giorgio; Ceroni, Carlotta Berti; Prarolo, … - 2009

defend their monopoly position and prevent innovation and entry of high-quality competitors. This requires that the incumbent … quality upgrade related to innovation. Consistently with our empirical findings, the model delivers a negative association …

Persistent link: https://www.econbiz.de/10010264563

Quadratic Costs, Innovation and Welfare : The Role of Technology

Marjit, Sugata - 2020

In a Cournot oligopoly set up with constant marginal cost and linear demand, innovation is rewarding. In this paper we … work with a Cournot oligopoly framework with increasing marginal cost and linear demand and show that innovation may not be … interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …

Persistent link: https://www.econbiz.de/10012824572

Migrant Inventors and the Technological Advantage of Nations

Bahar, Dany - 2019

We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …

Persistent link: https://www.econbiz.de/10012867871

Skill, Innovation and Wage Inequality : Can Immigrants Be the Trump Card?

Das, Gouranga - 2019

that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could … embedded in talented immigrants targeted for innovation. Empirical verification using a VAR regression model in the context of … immigration facilitates innovation with favorable impact on reducing wage-gap …

Persistent link: https://www.econbiz.de/10012861379