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Persistent link: https://www.econbiz.de/10010552468
Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key … on productivity growth. If the level of openness of an economy is doubled the underlying rate of technical progress will … the level of income but no effect on underlying productivity growth. Our preferred estimator combines high and low …
Persistent link: https://www.econbiz.de/10011152494
Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key … on productivity growth. If the level of openness of an economy is doubled the underlying rate of technical progress will … the level of income but no effect on underlying productivity growth. Our preferred estimator combines high and low …
Persistent link: https://www.econbiz.de/10005556098
This paper discusses the channels between openness and productivity and trade hampering factors. The stylized facts …
Persistent link: https://www.econbiz.de/10008593005
This research investigates the impact of trade openness and foreign direct investment (FDI) on economic growth. Using a … also finds evidence that FDI has significant effects on economic growth. While international trade does not significantly … influence economic growth, human capital does. The presence of a democratic government also brings positive effects to growth in …
Persistent link: https://www.econbiz.de/10009450246
This paper examines the short-term and long-run dynamics between per capita GDP growth and openness for 158 countries … between openness and growth by including only growth rates and lagged values of the independent variable. Additionally, we …-run coefficients indicate a positive significant causality from openness to growth and vice versa, indicating that international …
Persistent link: https://www.econbiz.de/10010902058
interactions on Chinese regional economic growth. We found the following: (1) Openness, especially the growth of foreign …Based on provincial panel data, we tested the effects of openness, denationalization, fiscal reform, and their …-direct-investment/gross-domesticproduct ratio, has been important in enhancing China s growth since the mid-1980s, while this effect is not so significant in …
Persistent link: https://www.econbiz.de/10010944946
on economic growth is affected by wealth inequality.  The results suggest (a) that opening to trade tends to accelerate … growth but (b) that the addition to growth depends inversely on the level of wealth inequality prior to opening.  These … findings confirm the general importance for rapid growth in developing countries of reducing inequality of opportunity. …
Persistent link: https://www.econbiz.de/10011004246
There is agreement in the literature on economic growth concerning the transitory effects of capital accumulation on … accumulation. Only in this case should expect long-run effects of capital accumulation on economic growth. Inspired by this idea, I … investment and infrastructures have played a significant role in accounting for long-run growth in China. However, I do not find …
Persistent link: https://www.econbiz.de/10011015258
This study investigates the relationship between openness and growth for a sample of 34 African countries over the … significant impact of openness on output growth and causality that runs only from openness to growth. …
Persistent link: https://www.econbiz.de/10011213047