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How Important are Spillovers from Major Emerging Markets?
Huidrom, Raju; Kose, M. Ayhan; Ohnsorge, Franziska L. - 2017
The seven largest emerging market economies -- China, India, Brazil, Russia, Mexico, Indonesia, and Turkey …. Given their size and integration, growth in EM7 could have significant cross-border spillovers. The authors provide … empirical estimates of these spillovers using a Bayesian vector autoregression model. They report three main results. First …
Persistent link: https://www.econbiz.de/10012570134
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Mexico : Human Capital Effects on Wages and Productivity
L??pez-Acevedo, Gladys; Tinajero, Monica; Rubio, Marcela - 2012
The authors follow the Hellerstein, Neumark, and Troske (1999) framework to estimate marginal productivity differentials and compare them with estimated relative wages. The analysis provides evidence on productivity and nonproductivity-based determinations of wages. Special emphasis is given to...
Persistent link: https://www.econbiz.de/10012554246
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Human Capital, Trade Liberalization, and Income Risk
Krebs, Tom; Krishna, Pravin; Maloney, William F. - 2012
Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the … on workers to estimate time-varying individual income risk parameters in different manufacturing sectors in Mexico …
Persistent link: https://www.econbiz.de/10012552726
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Crime and Growth Convergence : Evidence from Mexico
Enamorado, Ted; L??pez-Calva, Luis F.; … - 2014
exploiting cross-municipality income and crime data for Mexico -- a country that experienced a high increase in crime rates over … municipal level for Mexico (2005-2010), the analysis finds evidence indicating that drug-related crimes indeed deter growth. It …
Persistent link: https://www.econbiz.de/10012560838
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Releasing Constraints to Growth or Pushing on a String? The Impact of Credit, Training, Business Associations and Taxes on the Performance of Mexican Micro-Firms
Fajnzylber, Pablo; Maloney, William F.; Rojas, Gabriel … - 2012
participation in various societal institutions on microfirm performance in Mexico. They find that firms that participate in credit …
Persistent link: https://www.econbiz.de/10012553635
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Trade Causes Growth in Sub-Saharan Africa
Bruckner, Markus; Lederman, Daniel - 2012
In the 1990s the mainstream consensus was that trade causes growth. Subsequent research shed doubt on the consensus view, as evidence suggested that the identification of the effect of trade on growth was problematic in the existing literature. This paper contributes to this debate by focusing...
Persistent link: https://www.econbiz.de/10012572456
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Stuck in the Middle? Human Capital Development and Economic Growth
Jimenez, Emmanuel; Nguyen, Vy; Patrinos, Harry Anthony - 2013
The challenge of sustaining economic growth over the long term is one that only a few countries have been able to surmount. Slowing momentum in countries like Malaysia and Thailand has led analysts and policy makers to consider what it would take to lift them out of middle-income status, where...
Persistent link: https://www.econbiz.de/10012560394
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Engineers, Innovative Capacity and Development in the Americas
Maloney, William F.; Caicedo, Felipe Valencia - 2014
Using newly collected national and sub-national data, and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10012573512
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The Relative Richness of the Poor? Natural Resources, Human Capital and Economic Growth
Bravo Ortega, Claudio; de Gregorio, Jos?? - 2012
Are natural resources a blessing or a curse? The authors present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth effect stemming from a...
Persistent link: https://www.econbiz.de/10012553956
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The Role of Education Quality for Economic Growth
Hanushek, Eric Alan; W????mann, Ludger - 2012
The role of improved schooling, a central part of most development strategies, has become controversial because expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in promoting economic well-being, focusing on the role of...
Persistent link: https://www.econbiz.de/10012552573