Showing 1 - 10 of 705
shifting away from their sector of specialization, rural labor markets saw faster wage growth and industrialization than non …
Persistent link: https://www.econbiz.de/10013388845
Manufacturing has made an important contribution to raising living standards in many parts of the world. Concerns about premature deindustrialization have made some observers skeptical about the potential for manufacturing to play this role in Africa. But employment in African manufacturing has...
Persistent link: https://www.econbiz.de/10012794598
This paper develops a North-South product model in which Southern imitation and the North-South flow of foreign direct investment (FDI) are endogenously determined. In the model, a strengthening of IPR protection in the South reduces the rate of imitation, which, in turn, increases the flow of...
Persistent link: https://www.econbiz.de/10012463256
We re-examine the role of financial market development in the intersectoral allocation of resources. Specifically, we propose the use of a new methodology that looks at the co-movement in growth rates across pairs of countries to examine the role of financial development in allowing firms to...
Persistent link: https://www.econbiz.de/10012469127
This research explores the effect of industrialization on the process of development. In contrast to conventional … steam engines across French departments during the early phases of industrialization, the research establishes that … intensive industrialization in the middle of the 19th century increased income per capita in the subsequent decades but …
Persistent link: https://www.econbiz.de/10012454981
In the centuries leading up to the Industrial Revolution, Western Europe gradually pulled ahead of other world regions in terms of technological creativity, population growth, and income per capita. We argue that superior institutions for the creation and dissemination of productive knowledge...
Persistent link: https://www.econbiz.de/10012456543
technology of industrialization was adapted to these factor prices and is not profitable in low-wage economies. The cross-over to …
Persistent link: https://www.econbiz.de/10012458546
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/10012461848
We provide an analysis of real economic growth prospects in emerging markets after financial liberalizations. In contrast with previous research, we identify the financial liberalization dates and examine the influence of liberalizations while controlling for a number of other macroeconomic and...
Persistent link: https://www.econbiz.de/10012470987
Reducing global poverty and addressing climate change and other environmental crises are among the most important challenges facing humanity today. This review article discusses one way in which these problems are intertwined: economic development affects the environment. I synthesize recent...
Persistent link: https://www.econbiz.de/10012616638