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Industrial policy and the great divergence

Juhász, Réka; Steinwender, Claudia - 2023

, primarily, but not exclusively, fostering industrialization. We discuss the thin, but growing literature that evaluates the …

Persistent link: https://www.econbiz.de/10014391314

Labor unions, globalization, and mercantilism

Grieben, Wolf-Heimo; Sener, Fuat - 2009

We analyze the growth and welfare effects of globalization in a dynamic Schumpeterian North-South product-cycle model … bargaining above a given minimum wage promotes mercantilist behavior of developed countries. -- globalization : product cycle …

Persistent link: https://www.econbiz.de/10003923503

Cross-border patenting, globalization, and development

LaBelle, Jesse; Martínez-Zarzoso, Inmaculada; … - 2023

We build a stylized model that captures the relationships between cross-border patenting, globalization, and … strong, positive impact of policy and globalization on cross-border patent flows, especially from North to South. A … gaining more than North post-2000, thus lowering real income inequality in the world. …

Persistent link: https://www.econbiz.de/10014444894

Institutions and development : the interaction between trade regime and political system

Falkinger, Josef; Grossmann, Volker - 2004

This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...

Persistent link: https://www.econbiz.de/10011450834

The asymmetric impact of economic policy and oil price uncertainty on inflation : evidence from developed and emerging economies

Anderl, Christina; Caporale, Guglielmo Maria - 2023

This paper examines the asymmetric impact of economic policy uncertainty (EPU) and oil price uncertainty (OPU) on inflation by using a Nonlinear ARDL (NARDL) model, which is compared to a benchmark linear ARDL one. Using monthly data from the 1990s until August 2022 for a number of developed and...

Persistent link: https://www.econbiz.de/10013543029

A cross-country empirical analysis of international reserves

Cheung, Yin-Wong; Itō, Hiro - 2009

Using data from more than 100 economies for the period of 1975 to 2005, we conduct an extensive empirical analysis of the determinants of international reserve holdings. Four groups of determinants, namely, traditional macro variables, financial variables, institutional variables, and dummy...

Persistent link: https://www.econbiz.de/10003850507

A touch of sophistication : FDI and unit values of exports

Harding, Torfinn; Javorcik, Beata K. Smarzynska - 2009

The debate on trade and growth increasingly focuses on the composition of exports. Exports of more "sophisticated" products appear to be positively correlated with growth, and upgrading the quality of exports is high on the policy agenda of many countries. This study presents evidence suggesting...

Persistent link: https://www.econbiz.de/10003922581

Does school autonomy make sense everywhere? : panel estimates from PISA

Hanushek, Eric Alan; Link, Susanne; Woessmann, Ludger - 2011

Decentralization of decision-making is among the most intriguing recent school reforms, in part because countries went in opposite directions over the past decade and because prior evidence is inconclusive. We suggest that autonomy may be conducive to student achievement in well-developed...

Persistent link: https://www.econbiz.de/10009378381

Structural transformation, marketization, and household production around the world

Bridgman, Benjamin; Duernecker, Georg; Herrendorf, Berthold - 2015 - This version: October 5, 2015

We provide evidence on household and market production in 36 countries since 1960. On average the household sector accounts for almost half of total hours worked. As GDP per capita increases, the employment share of household production in total hours worked initially declines and then hardly...

Persistent link: https://www.econbiz.de/10011348007

International reserves before and after the global crisis : is there no end to hoarding?

Aizenman, Joshua; Cheung, Yin-Wong; Itō, Hiro - 2015

We evaluate the impact of the global financial crisis (GFC) and recent structural changes in the patterns of hoarding international reserves (IR). We confirm that the determinants of IR hoarding evolve with developments in the global economy. During the pre-GFC period of 1999-2006, gross saving...

Persistent link: https://www.econbiz.de/10010490278

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