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Free Trade, Growth, and Convergence
Ben-David, Dan - 1997
What is the impact on output of movement towards free trade? Can trade liberalization have a permanent effect on output levels, and more importantly, does it have an impact on steady-state growth rates? The model developed here emphasizes the role" that knowledge spillovers emanating from...
Persistent link: https://www.econbiz.de/10012472719
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Is Europe an Optimal Political Area?
Alesina, Alberto - 2017
Employing a wide range of individual-level surveys, we study the extent of cultural and institutional heterogeneity within the EU and how this changed between 1980 and 2008. We present several novel empirical regularities that paint a complex picture. While Europe has experienced both systematic...
Persistent link: https://www.econbiz.de/10012455356
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Patterns of Convergence and Divergence in the Euro Area
Estrada, Ángel - 2013
We study the extent of macroeconomic convergence/divergence among euro area countries. Our analysis focuses on four variables (unemployment, inflation, relative prices and the current account), and seeks to uncover the role played by monetary union as a convergence factor by using non-euro...
Persistent link: https://www.econbiz.de/10012459100
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Economic Integration and Convergence : U.S. Regions, 1840-1987
Kim, Sukkoo - 1997
Despite the recent inroads made by models of interregional trade based on external" economies, the analysis of the long-run trends in U.S. regional specialization in agriculture manufacturing, wholesale trade, retail trade, services, and all economic activities indicate that" these trends are...
Persistent link: https://www.econbiz.de/10012472480
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Is Poland the Next Spain?
Caselli, Francesco - 2005
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/10012467642
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The Global Productivity Slump : Common and Country-Specific Factors
Eichengreen, Barry - 2015
Productivity growth is slowing around the world. In 2014, according to the Conference Board's Total Economy Data Base …
Persistent link: https://www.econbiz.de/10012457113
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Asiaphoria Meets Regression to the Mean
Pritchett, Lant - 2014
Consensus forecasts for the global economy over the medium and long term predict the world's economic gravity will …
Persistent link: https://www.econbiz.de/10012458092
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Trying to Understand the PPPs in ICP2011 : Why are the Results so Different?
Deaton, Angus - 2014
academics in studies of economic growth, particularly through the Penn World Table, and in some cases, to allocate resources … extrapolation of the previous round, ICP 2005. These discrepancies will eventually have important implications for the Penn World … Table, and for international comparisons of living standards. The world according to ICP 2011 looks markedly more equal than …
Persistent link: https://www.econbiz.de/10012458422
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Globalization, Democracy and Development
de Macedo, Jorge Braga - 2013
This paper addresses the interactions between globalization, the quality of democracy, and economic convergence using simultaneous estimation techniques. To reflect process, we use multi-dimensional, de facto, and continuous measures of democracy and globalization. To reflect context, as defined...
Persistent link: https://www.econbiz.de/10012459086
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Convergence and Modernization Revisited
Barro, Robert J. - 2012
particularly the incorporation of China and India into the world market economy. For 29 countries since 1919, the levels and trends …
Persistent link: https://www.econbiz.de/10012460366