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This is an attempt to apply Schumpeterian theory to the study of "international economics". The first chapter gives a brief out­ line of the Schumpeterian perspective, considers how it may apply (and has been applied) to the study of international economics and presents some preliminary...
Persistent link: https://www.econbiz.de/10011108987
This paper examines the experience of 10 Asian countries with respect to growth, trade and FDI. It explores relationships between the nature of exports and imports and growth, as well as the relevance of FDI as a channel for these relationships. We find that FDI is often positively correlated...
Persistent link: https://www.econbiz.de/10009652921
I highlight some of the key econometric problems facing the literature on FDI spillovers. For the most part, the existing literature takes the approach of estimating production functions in which the total factor productivity (TFP) of the domestic firms in a particular industry/country is...
Persistent link: https://www.econbiz.de/10011250912
The Chinese economy does still not qualify as demand-driven economy. Its growth is based on investment. In fact successive waves of investment have emerged during the eighties and produced a piling-up of productive systems. A wave of small national enterprises and entrepreneurs, a second large...
Persistent link: https://www.econbiz.de/10005837180
The Latin American Structuralism (LAS) is a significant part of the heterodox tradition in the theory of long run growth, with a focus on the problems of developing economies which started their industrialization process when other regions had already accumulated substantial technological...
Persistent link: https://www.econbiz.de/10009323923
This paper focuses on the dimensions shaping the dynamics of technology. We present a model where the knowledge stock of a country grows over time as a function of three main factors: its innovation intensity, its technological infrastructures and its human capital. The latter two variables...
Persistent link: https://www.econbiz.de/10008765913
This study makes an attempt to assess the impact of bilateral trade liberalization on their respective economies and also on the rest of the South Asia. Our results indicate that there exist significant gains from India, Pakistan mutual trade liberalization. However, these gains are realized...
Persistent link: https://www.econbiz.de/10011109495
This paper presents theory and evidence from highly disaggregated Chinese data that tariff reductions induce a country's producers to upgrade the quality of the goods that they export. The paper first documents two stylized facts regarding the effect of trade liberalization on export prices and...
Persistent link: https://www.econbiz.de/10011111107
The impact of trade liberalization on growth and employment is a much debated and controversial issue. In theory, trade liberalization results in productivity gains through increased competition, efficiency, innovation and acquisition of new technology. Trade policy works by inducing...
Persistent link: https://www.econbiz.de/10011111301
Using the methodology developed in Kehoe and Ruhl (2013), I measure the change in the extensive, or new goods, margin of trade between Austria and the ten new entrants to the European Union in 2004. On average, the new goods account for 42% of the bilateral trade flow after enlargement. A time...
Persistent link: https://www.econbiz.de/10011111320