Showing 1 - 10 of 48
This article studies the firm-level productivity convergence process in the 1990s and the 2000s in France. The speed of convergence has slowed during the course of the 1990s, a fact which is explained principally by the acceleration of the productivity of firms on the technological frontier....
Persistent link: https://www.econbiz.de/10010597220
I show that very complex inventions stay outside the patent system more often than medium-complexity products. I test this hypothesis using a subset of international patents data. The regressions confirm that patents and technological complexity have an inverted-U shape relation.
Persistent link: https://www.econbiz.de/10011076567
We analyze whether landlocked regions are systematically poorer, using panel data for 1,527 regions in 83 nations from 1950-2014 and exploiting within-country-time variation. Lacking ocean access decreases regional GDP/capita by ≈13%. Specifically, coastal distance matters but not the length...
Persistent link: https://www.econbiz.de/10013436691
We consider a small-open, collateral-constrained AK economy. We show that the combination of CARA preferences and uncertainty on capital inflows generates long-term growth while the deterministic counterpart does not: long-term growth is entirely driven by precautionary savings, and the...
Persistent link: https://www.econbiz.de/10010743702
In this paper we examine the extent of international trade synchronization during periods of international trade collapses and US recessions. Using dynamic correlations based on monthly trade data for the G7 economies over the period 1961–2011, our results suggest rather idiosyncratic patterns...
Persistent link: https://www.econbiz.de/10010594085
Empirical findings from the gravity model using a bilateral data set of 23 OECD countries provide strong support for the network effect of FDI, migration, and the Internet on international trade. Further, the findings show differences in the network effect between the manufacturing and service...
Persistent link: https://www.econbiz.de/10010597215
We examine whether China has benefited more from exports than other countries. The results show that exports have been more significant for growth in China than in other countries, even when China is compared with other transition economies.
Persistent link: https://www.econbiz.de/10010572140
In this paper, we empirically examine the effects of health, education, and urbanization on the total factor productivity (TFP) of a large number of countries. We find that both urbanization and health indicators (life expectancy, infant mortality rate, and the risk of malaria) significantly...
Persistent link: https://www.econbiz.de/10010580513
This paper tests the hypothesis that, in the presence of credit constraints, higher wealth inequality affects negatively the growth gains from trade liberalisation. Variations in the growth rate of value added–decomposed in the growth rate of the number of establishments and the growth rate in...
Persistent link: https://www.econbiz.de/10010702782
To understand the growth effects of currency undervaluation we estimate its impact on the different components of GDP. We find that, for developing countries, undervaluation does not affect the tradable sector, but does lead to greater domestic savings and investment, as well as employment.
Persistent link: https://www.econbiz.de/10011041836