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Past Dominations, Current Institutions and the Italian Regional Economic Performance

Liberto, Adriana Di; Sideri, Marco - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2012

We study the connection between economic performance and the quality of government institutions for the sample of 103 Italian NUTS3 regions, including new measures of institutional quality calculated using data on the provision of four areas of public service: health, educational...

Persistent link: https://www.econbiz.de/10011123989

The Spirit of Capitalism and Socialism. A Cross-country Study of Ideology

Paldam, Martin; Bjørnskov, Christian - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2010

The World Values Survey contains an item on ownership, which is polled 200 times in 92 countries at the four waves of 1990, 1995, 2000 and 2005. It is developed into the CS-score that measures the aggregate mass support for capitalism and socialism. Four hypotheses are advanced and tested to...

Persistent link: https://www.econbiz.de/10011124131

A Stochastic Dynamic Model of Trade and Growth: Convergence and Diversification

Chatterjee, Partha; Shukayev, Malik - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2008

There is a growing literature that studies the properties of models that combine international trade and neoclassical growth theory, but mostly in a deterministic setting. In this paper we introduce uncertainty in a dynamic Heckscher-Ohlin model and characterize the equilibrium of a small open...

Persistent link: https://www.econbiz.de/10011123990

Relative Product Diversification in the Course of Economic Development: Import-Export Analysis

Parteka, Aleksandra; Tamberi, Massimo - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2012

This paper contributes to trade diversification literature by comparing changes in relative (i.e. assessed in … particular, by focusing on the diversification of imports, we add a missing piece to already analysed export trends. We use …), they follow a similar path of evolution in the development process. Progressing relative diversification of both import and …

Persistent link: https://www.econbiz.de/10011124065

Non-Scale Effects of North-South Trade on Economic Growth

Afonso, Oscar; Aguiar, Alvaro - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2003

In this model of North and South economies, growth is driven by Schumpeterian R&D and by accumulation of two types of human capital, versatile and specialized. The former is school intensive while the latter is on-the-job-training intensive. Growth is endogenous and independent of scale effects....

Persistent link: https://www.econbiz.de/10005292797

Globalization, Labor Market Rigidities and Multiple Equilibria

GRIEBEN, Wolf-Heimo - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2004

This paper analyses the effects of globalization, stricter intellectual property rights protection and different labor market policies in a dynamic North-South general equilibrium model with non-scale growth. To this aim, we generalize the Schumpeterian product-lifecycle model of Dinopoulos and...

Persistent link: https://www.econbiz.de/10005481979

Limited Liability, Growth and Welfare in a Small Open Economy

Ascher, Jeremy - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2004

This paper examines the time path of consumption and asset ownership in a small open economy. Productive physical capital is borrowed when limited liability firms write debt contracts with foreign lenders. We study three lending regimes and find that when contracts favor domestic agents over...

Persistent link: https://www.econbiz.de/10005481984

General Equilibrium Dynamics of Multi-Sector Growth Models

Jensen, Bjarne S.; Larsen, Mogens E. - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2005

This paper analyzes Walrasian general equilibrium systems and calculates the static and dynamic solutions for competitive market equilibria. The Walrasian framework encompasses the basic multi-sector growth (MSG) models with neoclassical production technologies in N sectors (industries). The...

Persistent link: https://www.econbiz.de/10005481986

Borders, Endogenous Market Access and Growth

Michalski, Tomasz - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2006

We discuss the role of contracting impediments created by the existence of national borders on open economy growth. In a two-good neoclassical Ramsey growth model with lack of enforcement on international trade contracts we show that endogenous trading constraints with positive trade may arise...

Persistent link: https://www.econbiz.de/10005481995

Institutions and the Resource Curse

Mehlum, Halvor; Moene, Karl; Torvik, Ragnar - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2004

Countries rich in natural resources constitute both growth losers and growth winners. We claim that the main reason for these diverging experiences is differences in the quality of institutions. More natural resources push aggregate income down, when institutions are grabber friendly, while more...

Persistent link: https://www.econbiz.de/10005482003