countries have contributed to growth in their exports of differentiated goods at the intensive margin; they have not affected … the probability of recording new flows. Growth in emerging countries' exports at the extensive margin of trade has been …

This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy’s steady state growth …

This paper examines several US monthly financial time series data using fractional integration and cointegration … exploiting recent developments in fractional cointegration allows to investigate in greater depth the relationships between …

maximum likelihood estimation of the parameters in the model, we use an expectation maximization algorithm based on the state …

(possibly unwarranted) homogeneity and proportionality restrictions are not imposed, and trivariate cointegration (stage …

In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments … we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the … with the literature arguing that greater trade openness would unequivocally lead to higher growth in Africa …

firm growth explains some recent empirical regularities on firm and labor market dynamics. Fitting the model to capture key …