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Economic Backwardness and Catching Up : Brazilian Agriculture, 1964–2014
Alston, Lee - 2016
country to country depending on which perquisites were present or absent. In the past twenty years, Brazilian agriculture … evolved from "backward" to an agricultural powerhouse. Its production and total factor productivity more than doubled. Brazil … is in the worlds' top five producers of coffee, soybeans, oranges, beef and corn. Yet, some segments of agriculture lag …
Persistent link: https://www.econbiz.de/10012456685
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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 - 2011
/capita, shares in world trade and market capitalization attributable both jointly and single to China, India, and Brazil (the three … Brazil. Our calculations show that the majority of the change occurs from growth in these three economies, and the most from …
Persistent link: https://www.econbiz.de/10012460976
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New Evidence on Sectoral Labor Productivity : Implications for Industrialization and Development
Herrendorf, Berthold; Rogerson, Richard Donald; … - National Bureau of Economic Research - 2022
Moving labor from agriculture to manufacturing - "industrialization" - is often viewed as essential for the development … Development Centre and build a new dataset of comparable labor productivity levels in agriculture and manufacturing for 64 mostly …
Persistent link: https://www.econbiz.de/10013172134
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Trade and the Rate of Income Convergence
Ben-David, Dan - 2000
To the extent that trade policy affects trade flows between countries, the ramifications can be far-reaching from an economic growth perspective. This paper examines one aspect of these ramifications, namely the impact of changes in the extent of trade between countries on changes in the rate of...
Persistent link: https://www.econbiz.de/10012471125
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Germany's Economic Unification : An Assessment after Ten Years
Sinn, Hans-Werner - 2000
A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real incomes in the east have now reached the western level, and investment per capita has been much higher than in the west. However, every third deutschmark spent in the east has been...
Persistent link: https://www.econbiz.de/10012471183
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Capital Account Liberalization, Financial Depth and Economic Growth
Klein, Michael W. - 1999
We show a statistically significant and economically relevant effect of open capital accounts on financial deepness and economic growth in a cross-section of countries over the period 1986 to 1995. Countries with open capital accounts over some or all of this period had a significantly greater...
Persistent link: https://www.econbiz.de/10012471401
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Understanding the "Problem of Economic Development" : The Role of Factor Mobility and International Taxation
Razin, Assaf - 1999
The problem of economic development,' as Lucas (1988) states it, is the problem of accounting for the observed diversity in levels and rates of growth of per capita income across countries and across time. We study conditions under which capital mobility and labor mobility (two seemingly...
Persistent link: https://www.econbiz.de/10012471679
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Converging to Converge? A Comment
Acemoglu, Daron; Molina, Carlos - National Bureau of Economic Research - 2021
Kremer, Willis, and You (2021) revisit cross-country convergence patterns over the last six decades. They provide evidence that the lack of convergence that applied early in the sample has now been replaced by modest convergence. They also argue this relationship is driven by convergence in...
Persistent link: https://www.econbiz.de/10012599282
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Growing Pains? A Comment on "Converging to Convergence"
Pande, Rohini; Enevoldsen, Nils T. - National Bureau of Economic Research - 2021
Early tests of cross-country convergence found evidence only for conditional convergence. In contrast, with more recent data, Kremer, Willis, and You (2021) find evidence that since the mid-1980s there has been a trend towards unconditional convergence culminating in absolute convergence since...
Persistent link: https://www.econbiz.de/10012599336
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Converging to Convergence
Kremer, Michael; Willis, Jack; You, Yang - National Bureau of Economic Research - 2021
Empirical tests in the 1990s found little evidence of poor countries catching up with rich - unconditional convergence - since the 1960s, and divergence over longer periods. This stylized fact spurred several developments in growth theory, including AK models, poverty trap models, and the...
Persistent link: https://www.econbiz.de/10012696393