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countries may have on industrial location, growth and welfare. The conclusions reached finally depend both on whether the import … rich country, the growth rate increases and welfare improves in both countries. If integration means that industry moves to … the poor country, the growth rate decreases; in spite of this, in this case the poor country can also improve its welfare. …
Persistent link: https://www.econbiz.de/10005026631
This paper examines the implications of the mutual causality between environmental quality and economic growth. While … economic growth deteriorates the environment through increasing amounts of pollution, the deteriorated environment in turn … limits the possibility of further economic growth. In a less developed country, this link, which we call "limits to growth …
Persistent link: https://www.econbiz.de/10011112947
This paper explores the complementarities between bilateral trade in goods and financial assets. By utilizing a gravity model specification with an extended dataset in terms of time span and asset classification as well as alternative instrumental variables, we confirm the existence of positive...
Persistent link: https://www.econbiz.de/10005619371
This study investigates the main determinants of the Italian domestic tourism demand measured in terms of regional bilateral tourism flows. We consider a large panel of explanatory variables meant to capture not only the role of traditional economic demand-driven forces, but also qualitative...
Persistent link: https://www.econbiz.de/10008684914
Debate over Growth and Development are quite old in the history of economic thinking. It is argued that development … encompasses comprehensive issues like health, education, equality, and liveability while growth is too narrow a concept. This … paper analyses the growth and development experience in India using multiple indicators. Development seems to have lagged …
Persistent link: https://www.econbiz.de/10005260324
While the causal relationship between migration and trade has not been studied thoroughly, estimation results of gravity model approach suggest that important aspects determining trade volumes can be missed if additional factors, including migration, are not considered. The current paper aims at...
Persistent link: https://www.econbiz.de/10005623264
experience is a case of particular interest given the rapid growth of immigration flows, the large number of countries of origin …
Persistent link: https://www.econbiz.de/10009647348
This paper estimates for 28 product groups a characteristic parameter that reflects the topological structure of its trading network. Using these estimates, it then describes how the structure of international trade has evolved during the 1980-2000 period. Thereafter, it demonstrates the...
Persistent link: https://www.econbiz.de/10009004204
With an increasing number of Preferential Trade Agreements (PTAs) covering trade in services, we explore the impact of PTAs on services trade. To the best of our knowledge, this is the first paper in this literature that endogenizes the impact of preferentialism in estimating the trade effect....
Persistent link: https://www.econbiz.de/10009246891
One consequence of the proliferation of preferential trade agreements is that an increasing share of international trade is not subject to most favored nation tariffs, but rather enters markets through preferential access. The objective of this paper is to better investigate to what extent...
Persistent link: https://www.econbiz.de/10011110951