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Is There a Nonlinear Relationship between Economic Growth and Inequality? Theory and Lessons from ASEAN, People Republic of China and India
Gangopadhyay, Partha - 2015
(economic growth). Our findings for the Associations of Southeast Asian Nations (ASEAN), People Republic of China and India (ACI …
Persistent link: https://www.econbiz.de/10013021416
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Why is China Investing in Africa? Evidence from the Firm Level
Chen, Wenjie - 2016
China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … micro data. The aggregate data on China's ODI in African countries reveal that China's share of the stock of foreign …
Persistent link: https://www.econbiz.de/10012987345
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Inequality, Structure of Production and International Trade – The Role of Credit Market Imperfection
Beladi, Hamid - 2017
Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the conventional way. A Ricardian general equilibrium framework with heterogeneous levels of asset ownership is developed to show that more equal asset distribution may contract...
Persistent link: https://www.econbiz.de/10012962668
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Cross-Country Income Differences and Technology Diffusion in a Competitive World
Irmen, Andreas - 2012
This paper develops a new open-economy endogenous growth model where technology diffusion allows for a stable and non-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the social infrastructure, the degree of openness,...
Persistent link: https://www.econbiz.de/10012754962
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Intermediate Goods Trade, Technology Choice and Productivity
Peng, Shin Kun - 2016
output and average productivity, with stronger positive productivity effects for newly imported intermediate inputs. However …
Persistent link: https://www.econbiz.de/10013001169
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Tariffs, Trade and Productivity : A Quantitative Evaluation of Heterogeneous Firm Models
Breinlich, Holger - 2013
- US Free Trade Agreement (CUSFTA) of 1989. We compute predicted increases in trade flows and measured productivity across … fundamental problem which most models we analyse face: predicted increases in measured productivity are too low by an order of … trade and productivity reactions to freer trade, raising doubts about the accuracy of the quantitative predictions of a …
Persistent link: https://www.econbiz.de/10013077449
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FDI, Trade Integration and the Border Effect : Evidence from the European Union
Martinez-San Roman, Valeriano - 2014
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern – horizontal versus vertical – within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture...
Persistent link: https://www.econbiz.de/10013051267
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Trade and Investment in the Global Economy
Anderson, James E. - 2017
We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology capital. The model nests structural gravity subsystems for FDI and trade, with accumulation/decumulation of phyisical and technology capital in transition to the steady state....
Persistent link: https://www.econbiz.de/10012947623
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Labor Market Policies and European Crises
Bertola, Giuseppe - 2013
This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in …
Persistent link: https://www.econbiz.de/10013073087
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The Impact of Trade on Employment, Welfare, and Income Distribution in Unionized General Oligopolistic Equilibrium
Egger, Hartmut - 2010
productivity differences, the model features profit and wage differentials across industries. We use this setting to study the …
Persistent link: https://www.econbiz.de/10013149008