developments assesses whether an acceleration of productivity growth, the touchstone of the New Economy, is likely to occur in … institutional changes such as product and labour market deregulation have served as catalysts for growth. He then looks at the role … concludes that an acceleration in productivity in Europe is likely, as is a continuation of strong productivity gains in the …

This paper gives a conceptual overview of the openness and vulnerability, sharing which in both cases respectively … depends on economic policy and on structural factors, independent from policy. It focuses on openness policy, proposed to be … measured by the residual of an openness function estimated only from structural factors, and on structural vulnerability …

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 …

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 …

This paper discusses the channels between openness and productivity and trade hampering factors. The stylized facts …

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 …

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 …

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 …

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. …