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Temporary Shocks and Offshoring : The Role of External Economies and Firm Heterogeneity
Mitra, Devashish; Jha, Priyaranjan - 2007
an industry. Also, the initial advantage of a country as a potential host for outsourcing activities can create a lock in … an outsourcing equilibrium than in a regime of no outsourcing. Consumer welfare rises, and under fairly plausible …
Persistent link: https://www.econbiz.de/10014049472
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Are Microloans Bad for Growth?
Emerson, Patrick M. - 2010
This paper constructs a two-period overlapping generations model of human capital investment decisions where a microloan program designed to finance entrepreneurial activities is active. It is shown that, in the presence of human capital externalities (social returns to education) there exists a...
Persistent link: https://www.econbiz.de/10013136775
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Foreign Capital and Economic Growth
Prasad, Eswar S.; Rajan, Raghuram G.; Subramanian, Arvind - 2021
We document the recent phenomenon of uphill flows of capital from nonindustrial to industrial countries and analyze whether this pattern of capital flows has hurt growth in nonindustrial economies that export capital. Surprisingly, we find that there is a positive correlation between current...
Persistent link: https://www.econbiz.de/10013316680
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Outsourcing, Public Input Provision and Policy Cooperation
Aronsson, Thomas - 2010
This paper concerns public input provision as an instrument for redistribution under international outsourcing by using … the provision of public input goods in response to international outsourcing, and (ii) whether international outsourcing … justifies policy cooperation. If the public input good is substitutable for (complementary with) outsourcing in terms of the …
Persistent link: https://www.econbiz.de/10013149520
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Does Reform Work? An Econometric Examination of the Reform-Growth Puzzle
Babetskii, Ian; Campos, Nauro F. - 2021
Why are socially beneficial reforms not implemented? One simple answer to this question (which has received little attention in the literature) is that this may be caused by generalized uncertainty about the effectiveness of reforms. If agents are unsure about whether a proposed reform will...
Persistent link: https://www.econbiz.de/10013317203
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Globalization and Local Profiles of Economic Growth and Industrial Change
Dauth, Wolfgang - 2014
We analyze how globalization has affected the sectoral anatomy of regional growth in Germany over the period 1978-2008. The aggregate German economy is characterized by a secular decline of manufacturing and a rise of modern service industries. This trend– also known as Petty's law – is not...
Persistent link: https://www.econbiz.de/10013054568
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Does Openness to International Financial Flows Contribute to Productivity Growth?
Kose, M. Ayhan; Prasad, Eswar S.; Terrones, Marco E. - 2021
Economic theory has identified a number of channels through which openness to international financial flows could raise …
Persistent link: https://www.econbiz.de/10013325040
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Human Capital, Economic Growth, and Regional Inequality in China
Fleisher, Belton M.; Li, Haizheng; Zhao, Min Qiang - 2021
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth patterns can be understood as a function of several interrelated factors, which include investment in physical capital, human capital, and infrastructure capital; the infusion...
Persistent link: https://www.econbiz.de/10013325091
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Selective Immigration Policies, Migrants' Education and Welfare at Origin
Bertoli, Simone - 2010
Destination countries are progressively shifting towards selective immigration policies. These can effectively increase migrants' average education even if one allows for endogenous schooling decisions and education policies at origin. Still, more selective immigration policies reduce social...
Persistent link: https://www.econbiz.de/10013134809
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Trade and Industrial Policies with Heterogeneous Firms : The Role of Country Asymmetries
Pflüger, Michael - 2010
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which improve the business conditions in one country have...
Persistent link: https://www.econbiz.de/10013134819