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Neoclassical Growth and Commodity Trade
Cunat, Alejandro; Maffezzoli, Marco - In: Review of Economic Dynamics 7 (2004) 3, pp. 707-736
We construct a dynamic Heckscher-Ohlin model in which the initial distribution of production factors across economies makes factor price equalization impossible. The model produces dynamics similar to those of the neoclassical growth model. However, free trade prevents identically parameterized...
Persistent link: https://www.econbiz.de/10005085506
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Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model
Bajona, Claustre; Kehoe, Timothy - In: Review of Economic Dynamics 13 (2010) 3, pp. 487-513
In models in which convergence in income levels across closed countries is driven by faster accumulation of a … productive factor in the poorer countries, opening these countries to trade can stop convergence and even cause divergence. We …. Divergence can occur for parameter values that would imply convergence in a world of closed economies and vice versa. Second …
Persistent link: https://www.econbiz.de/10008504403
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REGIONAL ECONOMIC GROWTH AND CONVERGENCE, 1950-2007: Some Empirical Evidence
Karras, Georgios - In: Regional Science Inquiry 2 (2010) 1, pp. 11-24
This paper investigates and compares the experience of several geographic regions with economic growth and convergence … of conditional convergence at an estimated average annual rate that has ranged from 0.8% in Europe to 1.7% in Asia. It is … also shown that the speed of convergence is far from constant over time: it has been steadily falling in the OECD and the …
Persistent link: https://www.econbiz.de/10010658721
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REGIONAL ECONOMIC GROWTH AND CONVERGENCE, 1950-2007: Some Empirical Evidence
Karras, Georgios - In: Regional Science Inquiry II (2010) 1, pp. 11-24
This paper investigates and compares the experience of several geographic regions with economic growth and convergence … of conditional convergence at an estimated average annual rate that has ranged from 0.8% in Europe to 1.7% in Asia. It is … also shown that the speed of convergence is far from constant over time: it has been steadily falling in the OECD and the …
Persistent link: https://www.econbiz.de/10010895159
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Economic Development and Growth in the World Economy
Castro, Rui - In: Review of Economic Dynamics 8 (2005) 1, pp. 195-230
This paper investigates whether technological shocks, constructed to be consistent with the observed cross-country income dispersion, are also capable of accounting for development regularities related to capital accumulation. This question is approached via a quantitative theoretical analysis...
Persistent link: https://www.econbiz.de/10005069714
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India's Mysterious Manufacturing Miracle
Bollard, Albert; Klenow, Peter; Sharma, Gunjam - In: Review of Economic Dynamics 16 (2013) 1, pp. 59-85
Using data on formal manufacturing plants in India, we report a large but imprecise speedup in productivity growth starting in the early 1990s (e.g., 1993-2007 compared to 1980-1992). We trace it to productivity growth within large plants (200 workers or more), as opposed to reallocation across...
Persistent link: https://www.econbiz.de/10010600532
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A Dynamic Shift Share Analysis of Economic Growth in West Virginia
Herath, Janaranjana; Gebremedhin, Tesfa; Maumbe, Blessing - Regional Research Institute (RRI), West Virginia University - 2010
A regional economy consists of industries with a variety of economic potentials. A growth or decline in any of these sectors affects the overall growth of the economy. Analysis of economic growth by sector of a particular region helps policy makers, community leaders and researchers in better...
Persistent link: https://www.econbiz.de/10010929329
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An Empirical Analysis of the Link between Entrepreneurship and Economic Growth in West Virginia
Mojica, Maribel; Gebremedhin, Tesfa; Schaeffer, Peter - Regional Research Institute (RRI), West Virginia University - 2009
Entrepreneurship variables constructed from county-level proprietorship and firm birth data were included in an endogenous growth model to determine the relationship between entrepreneurship and economic growth in West Virginia. The empirical estimates using weighted least squares (WLS) and...
Persistent link: https://www.econbiz.de/10010929337
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Telecommunications Investment and Economic Development: Evidence from a Panel of Sub-Saharan Africa (SSA)
Nondo, Chali; Kahsai, Mulugeta - Regional Research Institute (RRI), West Virginia University - 2011
The objective of this paper is to study the role of government effectiveness, institutional and political factors in aggregate output and telecommunications penetration in SSA countries. The contribution of these factors in aggregate output and telecommunications evolution is examined using a...
Persistent link: https://www.econbiz.de/10010929353
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An Empirical Analysis of the Interactions Between Environmental Regulations and Economic Growth
Nondo, Chali; Schaeffer, Peter; Gebremedhin, Tesfa; … - Regional Research Institute (RRI), West Virginia University - 2010
The purpose of this research is to examine the relationship between environmental regulation and economic growth. A four-equation regional growth model is used to analyze the simultaneous relationships among changes in population, employment, per capita income, and environmental regulations for...
Persistent link: https://www.econbiz.de/10010929354