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Trade and Economic Growth : Theories and Evidence from the Southern African Development Community
Farahane, Matias - 2020
This paper empirically tests the hypothesis that trade can act as an engine of growth using panel data for the Southern … covered by this study (2005-2017), export expansion stimulated growth, more openness to trade reduced it, and that the … instruments for achieving its central objective. These results lead to three conclusions. Firstly, trade through export expansion …
Persistent link: https://www.econbiz.de/10012823307
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Economic Growth and Political Integration : Estimating the Benefits from Membership in the European Union Using the Synthetic Counterfactuals Method
Campos, Nauro F. - 2014
This paper presents new estimates of the economic benefits from economic and political integration. Using the synthetic counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the European Union (EU) in the 1973, 1980s, 1995...
Persistent link: https://www.econbiz.de/10013054567
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Norwegian Rhapsody? The Political Economy Benefits of Regional Integration
Campos, Nauro F. - 2015
This paper investigates whether joint economic and political integration leads to larger economic benefits than just economic integration. The identification strategy rests on the fact that Norway, at the time of the 1995 Enlargement of the European Union (EU), had successfully completed...
Persistent link: https://www.econbiz.de/10013016399
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Regional Differences in Intersectoral Linkages and Diverse Patterns of Structural Transformation
Paul, Saumik; Raju, Dhushyanth - 2022
Intersectoral linkages can act as shock propagation channels and shape the pattern of structural transformation. To our knowledge, no research has examined how subnational differences in intersectoral linkages impact such spillover effects. We hypothesize that regional differences in local...
Persistent link: https://www.econbiz.de/10014079410
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An Empirical Growth Model for Major Oil Exporters
Esfahani, Hadi Salehi - 2012
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focuses on...
Persistent link: https://www.econbiz.de/10013107701
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An Empirical Study of the Relationships Between CO2 Emissions, Economic Growth and Openness
Choi, Eunho - 2014
This paper investigates the existence of the environmental Kuznets curve (EKC) for carbon dioxide (CO2) emissions and its causal relationships with economic growth and openness by using time series data (1971-2006) from China (an emerging market), Korea (a newly industrialized country), and...
Persistent link: https://www.econbiz.de/10013069032
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Oil Exports and the Iranian Economy
Esfahani, Hadi Salehi - 2009
This paper develops a long run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focus on short...
Persistent link: https://www.econbiz.de/10013154980
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Trade Reforms and Market Selection : Evidence from Manufacturing Plants in Colombia
Eslava, Marcela - 2009
variation across sectors in tariff changes after the Colombian trade reform to assess whether the impact of market fundamentals … distribution of productivity with and without the trade reform shows that improvements in market selection from trade reform help … to weed out the least productive plants and increase average productivity. In addition, we find that trade liberalization …
Persistent link: https://www.econbiz.de/10013158514
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Global Aging and Fiscal Policy with International Labor Mobility : A Political Economy Perspective
Tosun, Mehmet Serkan - 2009
This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and...
Persistent link: https://www.econbiz.de/10013159749
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Human Capital as Engine of Growth the Role of Knowledge Transfers in Promoting Balanced Growth within and across Countries
Ehrlich, Isaac - 2020
Unlike physical capital, human capital has both embodied and disembodied dimensions. It can be perceived of as skill and acquired knowledge, but also as knowledge spillover effects between overlapping generations and across different skill groups within and across countries. We illustrate the...
Persistent link: https://www.econbiz.de/10012837320