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Cuaresma, Jesus Crespo; Dimitz, Maria Antoinette; … - 2002

present study suggests an asymmetric, convergence-stimulating impact of EU membership on long-term growth. …

Persistent link: https://www.econbiz.de/10013369979

Diffusion of Technology and Convergence of Income among Countries

Oz, Sumru - 2014

mechanism of per capita income convergence among countries. This paper analyzes the per capita income convergence implications … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence … among countries grouped with respect to their mutual trade, this paper presents evidence that per capita income convergence …

Persistent link: https://www.econbiz.de/10010500261

The balance of payments as a constraint on Turkey's growth, 1960 - 2004

Pacaci Elitok, Secil; Campbell, Al - 2008

The aim of this study is to test the existence of balance of a payments constraint on the long run economic growth of the Turkish economy. The balance of payments constrained growth (BPCG) model which was developed by Thirlwall (1979) and extended by Thirlwall and Hussain (1982) is tested over...

Persistent link: https://www.econbiz.de/10010288100

Income distribution, technical change and the dynamics of international economic integration

Landesmann, Michael; Stehrer, Robert - 2005

This paper explores the features of a dynamic multisectoral model which focuses on the relationship between income distribution, growth and international specialization. The model is explored both for the steady-state properties and the transitory dynamics of integrated economies. Income...

Persistent link: https://www.econbiz.de/10010294524

Financial versus monetary mercantilism-long-run view of large international reserves hoarding

Aizenman, Joshua; Lee, Jaewoo - 2006

The sizable hoarding of international reserves by several East Asian countries has been frequently attributed to a modern version of monetary mercantilism - hoarding international reserves in order to improve competitiveness. From a long-run perspective, manufacturing exporters in East Asia...

Persistent link: https://www.econbiz.de/10010322713

Hobbes and the political economy of power

Wittman, Donald - 2006

This paper evaluates the sustainability of large current account imbalances in the era when the Chinese GDP growth rate and current account/GDP exceed 10%. We investigate the size distribution and the durability of current account deficits during 1966-2005, and report the results of a simulation...

Persistent link: https://www.econbiz.de/10010322714

Economic growth with constraints on tax revenues and public debt: Implications for fiscal policy and cross-country differences

Aizenman, Joshua; Kletzer, Kenneth; Pinto, Brian - 2007

This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process, in countries where distortions and limited...

Persistent link: https://www.econbiz.de/10010322715

Growing differently: A structural classification for European NUTS-3 regions

Weber, Jan; Schulz, Jan - 2022

We document two novel stylized facts on European integration and cohesion. First, we show that the interregional income distribution, measured as GDP per capita at the NUTS-3 level, is bimodal for all considered years. Second, we demonstrate that this mixture of two log-normal distributions...

Persistent link: https://www.econbiz.de/10013269257

China and India: A Tale of Two Trade Integration Approaches

Kowalski, Przemyslaw - 2008

The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals that while much has already been achieved in both these economies, the Chinese reforms, especially with respect to manufacturing trade, have gone further and that this is likely...

Persistent link: https://www.econbiz.de/10011807627

Financial versus monetary mercantilism: Long-run view of large international reserves hoarding

Aizenman, Joshua; Lee, Jaewoo - 2007

The sizable hoarding of international reserves by several East Asian countries has been frequently attributed to a modern version of monetary mercantilism hoarding international reserves in order to improve competitiveness. From a long-run perspective, manufacturing exporters in East Asia...

Persistent link: https://www.econbiz.de/10010285324

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