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The Contribution of China, India and Brazil to Narrowing North-South Differences in Gdp/Capita, World Trade Shares, and Market Capitalization

Wang, Jing - 2012

This paper focuses on the contribution to recent narrowing of the gap between Northern and Southern economies in GDP/capita, shares in world trade and market capitalization attributable both jointly and single to China, India, and Brazil (the three currently largest rapidly growing Southern...

Persistent link: https://www.econbiz.de/10013113158

Globalization and the Great Divergence : Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913

Williamson, Jeffrey G. - 2008

W. Arthur Lewis argued that a new international economic order emerged between 1870 and 1913, and that global terms of trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently, modern economists argue that volatility reduces growth...

Persistent link: https://www.econbiz.de/10012772451

Spatial and Temporal Heterogeneity of Marginal Emissions : Implications for Electric Cars and Other Electricity-Shifting Policies

Graff Zivin, Joshua - 2012

In this paper, we develop a methodology for estimating marginal emissions of electricity demand that vary by location … electricity markets and shifting load profiles throughout the day. Using data available for 2007 through 2009, with a focus on … electricity load management and environmental goals: the hours when electricity is the least expensive to produce tend to be the …

Persistent link: https://www.econbiz.de/10013099410

Industrial Catching Up in the Poor Periphery 1870-1975

Williamson, Jeffrey G. - 2011

This paper documents industrial output and labor productivity growth around the poor periphery 1870-1975 (Latin America, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial growth accelerated there over this critical century. The...

Persistent link: https://www.econbiz.de/10013129186

Catch-Up Growth Followed by Stagnation : Mexico, 1950-2010

Kehoe, Timothy J. - 2011

In 1950 Mexico entered an economic takeoff and grew rapidly for more than 30 years. Growth stopped during the crises of 1982-1995, despite major reforms, including liberalization of foreign trade and investment. Since then growth has been modest. We analyze the economic history of Mexico...

Persistent link: https://www.econbiz.de/10013117201

The Future of Economic Convergence

Rodrik, Dani - 2011

The question addressed in this paper is whether the gap in performance between the developed and developing worlds can continue, and in particular, whether developing nations can sustain the rapid growth they have experienced of late. The good news is that growth in the developing world should...

Persistent link: https://www.econbiz.de/10013120308

Is Poland the Next Spain?

Caselli, Francesco - 2012

We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...

Persistent link: https://www.econbiz.de/10013101075

Catch-Up and Fall-Back Through Innovation and Imitation

Benhabib, Jess - 2012

Will fast growing emerging economies sustain rapid growth rates until they "catch-up" to the technology frontier? Are there incentives for some developed countries to free-ride off of innovators and optimally "fallback" relative to the frontier? This paper models agents growing as a result of...

Persistent link: https://www.econbiz.de/10013106293

Economic Growth and Convergence, Applied Especially to China

Barro, Robert J. - 2016

From the perspective of conditional convergence, China's GDP growth rate since 1990 has been surprisingly high. However, China cannot deviate forever from the global historical experience, and the per capita growth rate is likely to fall soon from around 8% per year to a range of 3 4%. China can...

Persistent link: https://www.econbiz.de/10013001222

Mismatch and Assimilation

Wang, Ping - 2018

Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...

Persistent link: https://www.econbiz.de/10012911691

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