transitory components. While growth recovered fairly quickly after the crisis, there is evidence of permanent losses in the …

A robust empirical determinant of long-term economic growth in many developing countries has been the expansion and … diversification of the export sector. The latter, in turn, has been influenced by capital accumulation and economic growth. The growth … model developed here explores this interdependence in the context of the quot;new growth theoryquot;. The analytical results …

This paper empirically examines the extent to which a country's economic growth is influenced by its trading partner … economies. Panel estimation results based on four decades of data for over 100 countries show that trading partners' growth and … relative income levels have a strong effect on domestic growth, even after controlling for the influence of common global and …

We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America … macroeconomic effects of international trade on economic growth and inequality considering the strength of trade connections as well … liberalization to extract general lessons on the impact of trade liberalization on economic growth and its structure and inequality …

episodes of growth accelerations and reversals. In this paper we study the role of domestic policies and other structural … attributes in amplifying or mitigating the effect that shifts in external conditions have on growth patterns in emerging market … and developing economies over the past five decades. We find that these economies can enhance the growth impulse from …

We study how the distribution of earnings growth evolves over the business cycle in Italy. Wedistinguish between two … sources of annual earnings growth: changes in employment time (number ofweeks of employment within a year) and changes in … weekly earnings. Changes in employment timegenerate the tails of the earnings growth distribution, and account for the …