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Does openness to international financial flows contribute to productivity growth?

Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2008

productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …

Persistent link: https://www.econbiz.de/10003747653

China‘s great boom as a historical process

Brandt, Loren; Rawski, Thomas G. - 2020

Beginning in the late 1970s, China's economy delivered the largest growth spurt in recorded history. Striking discontinuity between recent outcomes and the economic experience of the prior 200 years invites portrayal of recent events as a "China miracle" that requires neither economic nor...

Persistent link: https://www.econbiz.de/10012373127

Economic growth and political integration : estimating the benefits from membership in the European Union using the synthetic counterfactuals method

Campos, Nauro; Coricelli, Fabrizio; Moretti, Luigi - 2014

counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the …

Persistent link: https://www.econbiz.de/10010350820

Accounting for China's growth

Brandt, Loren; Zhu, Xiaodong - 2010

our key results to alternative data sets. -- China ; investment ; growth ; productivity ; capital market distortions …

Persistent link: https://www.econbiz.de/10003940472

International trade and its effects on economic growth in China

Sun, Peng; Heshmati, Almas - 2010

improvement in productivity. Both econometric and non-parametric approaches are applied based on a 6-year balanced panel data of … international trade volume and trade structure towards high-tech exports result in positive effects on China's regional productivity …

Persistent link: https://www.econbiz.de/10008989717

The importance of skill measurement for growth accounting

Nilsen, Øivind Anti; Raknerud, Arvid; Rybalka, Marina; … - 2010

-adjusted index of labor services. We find that Total Factor Productivity (TFP) growth decreases significantly when using the latter … method. This means that when using the alternative method one explains more of the growth in labor productivity than what a …

Persistent link: https://www.econbiz.de/10003975612

Birthplace diversity and economic prosperity

Alesina, Alberto; Harnoss, Johann; Rapoport, Hillel - 2013

income/productivity levels in the immigrants home countries. We make progress towards addressing endogeneity by specifying a …

Persistent link: https://www.econbiz.de/10009793124

Financial globalization and economic policies

Kose, M. Ayhan; Prasad, Eswar S.; Rogoff, Kenneth S.; … - 2009

We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help...

Persistent link: https://www.econbiz.de/10003816538

Capital account policies, IMF programs and growth in developing regions

Bicaba, Zorobabel; Brixiova, Zuzana; Ncube, Mthuli - 2015

This paper develops an adaptive learning model under uncertainty that examines evolution of capital account polices over time and across developing regions. In the framework, countries' past experiences and IMF programs influence policymakers' beliefs about the impact of capital account...

Persistent link: https://www.econbiz.de/10010469677

Trade and economic growth: theories and evidence from the Southern African Development Community

Farahane, Matias Jaime; Heshmati, Almas - 2020

This paper empirically tests the hypothesis that trade can act as an engine of growth using panel data for the Southern African Development Community (SADC), a regional integration agreement (RIA) organization, the central objective of whose formation was the need to accelerate, foster, and...

Persistent link: https://www.econbiz.de/10012290621