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, manufacturing output and GDP would have been about 6 and 2 percent higher, respectively, and half of the rise in manufacturing …
Persistent link: https://www.econbiz.de/10013170268
We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth, which is key for poverty alleviation. We argue that the economies that achieved high sustained growth and low market income inequality are characterized by dynamism-a drive...
Persistent link: https://www.econbiz.de/10012517949
industrialized countries. Standard business cycle models that assume flexible prices and wages, in the Real Business Cycle tradition …
Persistent link: https://www.econbiz.de/10014400201
This paper models investment/entry decisions in a competitive industry that is subject to a quantity control on an …
Persistent link: https://www.econbiz.de/10014401229
The empirical analysis in ""International R&D Spillovers"" (Coe and Helpman, 1995) is first revisited by applying modern panel cointegration estimation techniques to an expanded data set that we have constructed for the purpose of this study. The new estimates confirm the key results reported in...
Persistent link: https://www.econbiz.de/10014400689
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on...
Persistent link: https://www.econbiz.de/10014396181
Persistent link: https://www.econbiz.de/10012392481
scale and speed the market alone would fail to provide. We sketch a strategy to tackle market failures and implement smart …
Persistent link: https://www.econbiz.de/10012252486
The waning of the commodity boom places renewed emphasis on manufacturing as an engine for Canadian growth. However …, Canadian manufacturing exports have been relatively stagnant since 2000. While the exchange rate depreciation over the past two … depreciation. More fundamental issues appear to be impeding the growth of the Canadian manufacturing sector. This study analyzes …
Persistent link: https://www.econbiz.de/10011715425
This paper examines whether the rapid growing firm patenting activity in China is associated with real economic outcome by building a unique dataset uniting detailed firm balance sheet information with firm patent data for the period of 1998-2007. We find strong evidence that within-firm...
Persistent link: https://www.econbiz.de/10011716316