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This paper presents a simple stochastic model of proportionate growth to describe international trade and it applies this set-up to the relationship between export dynamics and economic development. Trade flows are assumed to grow as a geometric Brownian motion while new trade links follow a...
Persistent link: https://www.econbiz.de/10011260059
This paper analyses the determinants of the female-male non-agricultural wage ratio in developing countries.By combining data on industrial composition, economic performance and women's labour market and economic outcomes for a group of developing countries, a cross-country study is carried out...
Persistent link: https://www.econbiz.de/10005034587