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Is the elephant stepping on its trunk? The problem of India´s unbalanced growth

Douhan, Robin; Nordberg, Anders - 2007

It is often assumed that recent success in the high-technology software industry will lead India's development. However, evidence suggests that basic manufacturing industry is stagnant. This paper proposes a mechanism that ties these two trends together. A big-push type of model, featuring...

Persistent link: https://www.econbiz.de/10010321626

Cultural diversity, geographical isolation, and the origin of the wealth of nations

Ashrafy, Quamrul; Galorz, Oded - 2011

new technological paradigm, which delayed their industrialization and, hence, their take-off to a state of sustained … development in the agricultural stage but has had a negative impact on income per capita in the course of industrialization; and … economic development in the process of industrialization. …

Persistent link: https://www.econbiz.de/10010284033

For a fair and effective industrial climate transition: Support measures for heavy industry in Belgium, the Netherlands and Germany

Bollen, Yelter; Van Hauwaert, Tycho; Beys, Olivier - 2021

Europe's industrial base needs to undergo a swift and persistent transformation towards carbon neutrality and circularity, but this transition must happen in a fair and socially just manner. In this working paper, we evaluate the support mechanisms for heavy industry which have been put in place...

Persistent link: https://www.econbiz.de/10014565946

Regional Integration and the Location of FDI

Yeyati, Eduardo Levy; Stein, Ernesto H.; Daude, Christian - 2003

This paper studies the impact of regional integration agreements (RIAs) on the location of foreign direct investment (FDI), using data on bilateral outward FDI stocks from the OECD International Direct Investment Statistics. The dataset covers FDI from 20 source countries, all of them from the...

Persistent link: https://www.econbiz.de/10010327052

The FTAA and the Location of FDI

Yeyati, Eduardo Levy; Stein, Ernesto H.; Daude, Christian - 2003

The role of regional integration agreements as a determinant of the location of FDI has become an increasingly relevant issue for emerging economies. In Latin America, the largest effects are likely to be associated with the Free Trade Area of the Americas (FTAA). In this regard, there are a...

Persistent link: https://www.econbiz.de/10010327153

Capital-skill complementarity and the emergence of labor emancipation

Ashraf, Quamrul H.; Cinnirella, Francesco; Galor, Oded; … - 2017

plausibly exogenous source of variation in early industrialization across regions of nineteenth-century Prussia, capital …

Persistent link: https://www.econbiz.de/10011669329

Macroeconomic effects of China's financial policies

Chen, Kaiji; Zha, Tao - 2018

The Chinese economy has undergone three major phases: the 1978-97 period marked as the SOE-led economy, the 1998-2015 phase as the investment-driven economy, and the new normal economy since 2016. All three economies have been shaped by the government financial policies, defined as a set of...

Persistent link: https://www.econbiz.de/10012030278

Flowers of evil? Industrialization and long run development

Franck, Raphaël; Galor, Oded - 2018

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/10012058637

The research university, invention, and industry: Evidence from German history

Dittmar, Jeremiah E.; Meisenzahl, Ralf R. - 2022

We examine the role of universities in knowledge production and industrial change using historical evidence. Political shocks led to a profound pro-science shift in German universities around 1800. To study the consequences, we construct novel microdata. We find that invention and manufacturing...

Persistent link: https://www.econbiz.de/10013479452

A shackled revolution? The Bubble Act and financial regulation in 18th century England

McColloch, William - 2013

Revisionist estimates of growth rates during the British industrial revolution, though largely successful in presenting a more modest picture of Britain's 'take-off' prior to the 1830s, have also posed fresh analytical difficulties for champions of the new economic history. If 18th-century...

Persistent link: https://www.econbiz.de/10010369483