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Persistent link: https://www.econbiz.de/10011807563
Economic integration in South Asia is governed by India's relations with the other economies of the region and it is … also at the helm of all trade facilitation and transit issues of the region. Concessions given by India under SAFTA for … LDCs have greatly benefitted Bangladesh and concessions to non-LDC members have applied to its imports from Pakistan. India …
Persistent link: https://www.econbiz.de/10011807669
period is considered. The ‘role of the state’ theory performs better until 1970 whereas after the Golden Age, technology and …
Persistent link: https://www.econbiz.de/10005870563
GPT can be defined as "a technology that initially has much scope for improvement and evntually comes to be widely used …). Subsequently, as the scope of the technology is finally exhausted, its impact on growth will fade away. If, at that point, a new …
Persistent link: https://www.econbiz.de/10005870597
In an influential article Saxonhouse and Wright argued that the quality of local cottonwas the single most important factor in explaining national preferences for ring ormule spinning. For Britain, they argue that mills using more flexible mule spindlescould exploit arbitrage opportunities...
Persistent link: https://www.econbiz.de/10005870603
The usual way to evaluate the implications of new technology for economic growth is through growth accounting … technology (ICT) and the results have dominated thinking on the post-1995 growth resurgence in the United States (Oliner and …
Persistent link: https://www.econbiz.de/10005870950
technology adoption and trade in a world of two countriesfacing different technology adoption costs. It shows that a reduction in … the technologyadoption cost in one country increases the productivity, induces more firms to adoptadvanced technology, and … improves welfare in this country, while decreasing the pro-ductivity, inducing more firms to switch back to old technology, and …
Persistent link: https://www.econbiz.de/10009302524
Recently the phenomena of external technology exploitation (ETE) has startet to attract from scholars, business and … politicians likewise alongside with a growth of markets for technology. However, the makets for technology are still characterized …
Persistent link: https://www.econbiz.de/10005866981
We employ laboratory methods to study stability of competitive equilibrium in Scarf's economy (International Economic Review, 1960). Tatonnement theory predicts that prices are globally unstable for this economy, i.e. unless prices start at the competitive equilibrium they oscillate without...
Persistent link: https://www.econbiz.de/10010316891
In this paper we use global analysis to study the welfare properties of general equilibrium economies with incomplete markets (GEI). Our main result is to show that constrained Pareto optimal equilibria are contained in a linear submanifold of the equilibrium set. This result is explicitly...
Persistent link: https://www.econbiz.de/10010318896