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Southeast Asia faces mounting competition -- Malaysia : the quintessential maturing tiger economy -- Analyzing comparative advantage and industrial change : reading the export trade tea leaves -- Imports and foreign direct investment : competition and technology transfer -- Leading and faltering...
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We analyze the impact of status preferences on technological progress and long-run economic growth. For this purpose, we extend the standard relative wealth approach by allowing the two components of the representative household's wealth, physical capital and shares, to differ with respect to...
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We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the possibility of perpetual growth, even in the absence of technological progress; (ii) the long-run economic growth rate declines with population growth, which is consistent with the...
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