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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

The changing nature of international trade and its implications for development

Goldberg, Pinelopi K.; Ruta, Michele - 2025

structural, policy, and geopolitical shifts that have transformed globalization over the past decade. While trade has …

Persistent link: https://www.econbiz.de/10015458409

Financial development and income inequality

Jauch, Sebastian; Watzka, Sebastian - 2011

We analyze the link between financial development and income inequality for a broad unbalanced dataset of 138 developed and developing countries over the years 1960 to 2008. Using credit-to-GDP as measure of financial development, our results reject theoretical models predicting a negative...

Persistent link: https://www.econbiz.de/10009489294

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

Economic knock-on effects of Russia's geopolitical risk on advanced economies : a global VAR approach

Blagov, Boris; Dirks, Maximilian; Funke, Michael - 2024

Using Russia as a case study and a global VAR model as a methodological tool, we analyze how heightened geopolitical risk shocks propagate across advanced economies and quantify the economic effects of these events. The global VAR impulse response functions in response to the skyrocketing...

Persistent link: https://www.econbiz.de/10014452016

A counterfactual economic analysis of Covid-19 using a threshold augmented multi-country model

Chudik, Alexander; Mohaddes, Kamiar; Pesaran, M. Hashem; … - 2020

observations. Our results show that the Covid-19 pandemic will lead to a significant fall in world output that is most likely long …

Persistent link: https://www.econbiz.de/10012293790

Cyclicality of international reserves, exchange rate flexibility, and output volatility

Fujii, Eiji; Qian, Xingwang - 2025

This paper investigates the cyclicality of international reserves and their role in macroeconomic stabilization. We challenge two widely held assumptions: (1) central banks typically manage IR counter-cyclically—accumulating reserves during booms and drawing them down during downturns; and (2)...

Persistent link: https://www.econbiz.de/10015371901

Inequality and the import demand function

Adam, Antonis (contributor); Katsimē, Margarita (contributor) - 2008

Persistent link: https://www.econbiz.de/10003630734