Showing 1 - 10 of 613
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using … there is evidence of bidirectional causality between CO2 emissions and economic growth. Economic growth and trade openness … are interrelated i.e. bidirectional causality. Feedback hypothesis is validated between trade openness and financial …
Persistent link: https://www.econbiz.de/10010479344
theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries … innovation-dependence by industry from R&D and bilateral trade data. Calibrating the model implies technology gaps, due to cross …
Persistent link: https://www.econbiz.de/10012029168
Technological progress and trade potentially affect wages and employment. Technological progress can make jobs obsolete … and trade can increase unemployment in import competing sectors. Empirical evidence suggests that both causes are … contribution of technological progress and trade in recent labour market developments and allows us to identify the winners and …
Persistent link: https://www.econbiz.de/10012030677
This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and … output and global input output tables to construct the measures of trade openness, our empirical analysis covering 21 …
Persistent link: https://www.econbiz.de/10012120367
In what sense are institutions a deep determinant of growth? In this paper, we address this question by examining the relationship between city growth and institutional reform in 19th century Germany, when some cities experienced deep institutional reform as a result of French rule. Employing an...
Persistent link: https://www.econbiz.de/10011536166
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011298529
Persistent link: https://www.econbiz.de/10003624594
critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …
Persistent link: https://www.econbiz.de/10012312232
We use the elements of a macroeconomic production function-physical capital, human capital, labor, and technology-together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that religion can enhance or impinge upon economic...
Persistent link: https://www.econbiz.de/10014383297
Since 1980, economic growth in the U.S. has been fastest in its largest cities. We show that a group of skill- and information-intensive service industries are responsible for all of this new urban bias in recent growth. We then propose a simple explanation centered around the interaction of...
Persistent link: https://www.econbiz.de/10012315946