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The Quality-Complementarity Hypothesis : Theory and Evidence from Colombia

Kugler, Maurice - 2009

, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this …

Persistent link: https://www.econbiz.de/10012765301

Optimal Fiscal Devaluation

Langot, François - 2012

We study fiscal devaluation in a small-open economy with labor market search frictions. Our analysis shows the key role of both dimensions in shaping the optimal tax scheme. By reducing labor market distortions, the tax reform is welfare-improving. Yet, as it makes imports more expensive, fiscal...

Persistent link: https://www.econbiz.de/10013104944

Foreign Capital and Economic Growth

Prasad, Eswar S.; Rajan, Raghuram Govind; Subramanian, … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We document the recent phenomenon of uphill flows of capital from nonindustrial toindustrial countries and analyze whether this pattern of capital flows has hurt growth innonindustrial economies that export capital. Surprisingly, we find that there is a positivecorrelation between current...

Persistent link: https://www.econbiz.de/10005861353

Thresholds in the Process of International Financial Integration

Kose, M. Ayhan - 2009

The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....

Persistent link: https://www.econbiz.de/10013160313

Foreign Capital and Economic Growth

Prasad, Eswar S.; Rajan, Raghuram Govind; Subramanian, … - 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

Southern African Economic Integration : Evidence from an Augmented Gravity Model

Warin, Thierry - 2009

This paper investigates the feasibility of creating a common-currency union consisting of 16 countries in Southern Africa. We estimate an augmented-gravity model that includes public deficit, public debt, public expenditure, inflation, and the foreign reserves position. We also integrate...

Persistent link: https://www.econbiz.de/10013157533

Immigration, Human Capital Formation and Endogenous Economic Growth

Ehrlich, Isaac - 2016

Census data from international sources covering 77% of the world's migrant population indicate that the skill composition of migrants in major destination countries, including the US, has been rising over the last four decades. Moreover, the population share of skilled migrants has been...

Persistent link: https://www.econbiz.de/10013001874

Accounting for China's Growth

Brandt, Loren - 2010

China has achieved impressive growth over the last three decades. However, there has been debate over the sources of the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level (Rawski and Perkins, 2008; Bosworth and Collins, 2008) suggest an...

Persistent link: https://www.econbiz.de/10013147553

Cross-Country Differences in Productivity : The Role of Allocation and Selection

Bartelsman, Eric J. - 2009

This paper combines different strands of the productivity literature to investigate the effect of idiosyncratic (firm …-country differences in key economic outcomes, such as productivity or output per capita, to differences in policies and institutions that … determinants of productivity at the firm-level and the evolution of the distribution of productivity across firms within each …

Persistent link: https://www.econbiz.de/10013153504

The Effects of Local Market Concentration and International Competition on Firm Productivity : Evidence from Mexico

Rodríguez-Castelán, Carlos - 2020

Although market concentration is one of the main impediments to productivity growth globally, data constraints have … the effects of local industry concentration on productivity.The main results show that a decline by 10 points in the … factor productivity of revenue. Local industry concentration also has heterogeneous effects on productivity across industries …

Persistent link: https://www.econbiz.de/10012836579