. The preceding results hold when Northern innovation is endogenously determined; in addition, the rate of innovation …

We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … both an engine of growth and a potential barrier to it. As a result, growth in an inverse U-shaped function of the …

Because of scale effects, idea-based growth models have the counterfactual implication that larger countries should be …

This paper studies how the effect of trade openness on economic growth depends on complementary reforms that help a … panel evidence on how the growth effect of openness depends on a variety of structural characteristics. For this purpose, we … use a non-linear growth regression specification that interacts a proxy of trade openness with proxies of educational …

This paper presents an endogenous growth model of an open economy in which the growth rate of income is higher if … goods in the composition of investment has a significant positive effect on per capita income growth rates across countries … accumulation is highlighted as an important determinant of economic growth. …

Many empirical studies have found a positive relationship between openness and growth in per capita GDP in less …] show how increased openness to international trade can lead to increased specialization in models of endogenous growth … through learning by doing. These models imply that increased specialization accelerates productivity growth by more fully …

We examine two sets of economies, (19th century U.S. states and 20th century less developed countries) where growth …. We find that open economies do not display a positive connection between initial levels and later growth; instead, closed … find that larger markets enhance growth by increasing the division of labor. Among LDCs, while more diversified production …

markets in enabling foreign direct investment (FDI) to promote growth through backward linkages, shedding light on this … growth rates that are almost twice those of economies with poor financial markets, b) increases in the share of FDI or the … relative productivity of the foreign firm leads to higher additional growth in financially developed economies compared to …

This paper presents assesses of the contribution of inward FDI to China%u2019s recent rapid economic growth using a two … stage growth accounting approach. Recent econometric literature focuses on testing whether Chinese growth depends on inward … decomposition results indicate that China%u2019s FIEs may have contributed over 40% of China%u2019s economic growth in 2003 and 2004 …