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. Australia and California are two economies having the rare distinction of achieving 150 years of sustained high and rising … economy that remained a region in a much larger national economy with one that evolved into an independent political unit … controls over immigration or capital movements, or trade policy. Australia did, and after 1900 pursued an increasingly …
Persistent link: https://www.econbiz.de/10013222238
What explains the success of Mauritius, a top performer among African countries? It has mostly followed growth-enhancing policies, which can in turn be attributed to sound institutions. But from where did the institutions come? Mauritius chose well around the time of independence in 1968, for...
Persistent link: https://www.econbiz.de/10013135244
PPP-based national accounts have become an important part of the database for macroeconomists, development economists, and economic historians. Frequently used global data come from the Penn World Table (PWT) and the World Bank's World Development Indicators; a substantial fraction of the world...
Persistent link: https://www.econbiz.de/10012758136
We review the evidence that artificial intelligence (AI) is having a large effect on the economy. Across a variety of …
Persistent link: https://www.econbiz.de/10012916895
Researchers, commentators, and politicians have devoted steadily more attention to infrastructure in response to claims that inadequate accumulation of public capital has contributed to substandard U.S. economic growth. Despite this, the link between infrastructure and productivity growth...
Persistent link: https://www.econbiz.de/10013243379
permanent sources of American advantage over Europe and Japan, most notably the mixed system of government- and privately …
Persistent link: https://www.econbiz.de/10013310541
What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so …
Persistent link: https://www.econbiz.de/10012931594
. Using a novel data set we offer new evidence supporting unambiguously the view that, in sharp contrast with US, Australia …
Persistent link: https://www.econbiz.de/10012955952
Even though Australia has experienced frequent and large commodity export price shocks like the Third World, it seems … de-industrialization and distributional impact, and policy responses. In what way has Australia been different from other …
Persistent link: https://www.econbiz.de/10012757921
This paper examines the relationship between antidumping filings and macroeconomic factors. We show that real exchange rate fluctuations affect the two criteria for dumping in opposite ways, making the overall effect on filings ambiguous in theory. Interestingly, no such ambiguity is evidenced...
Persistent link: https://www.econbiz.de/10013226990