This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate of the economy. Using a dynamic panel data model,...

The aim of this study is to identify disparities in technical efficiency and the influence of infrastructure on the convergence in efficiency for the states of Mexico. It has estimated a translog production function following the model of Battese and Coelli (1995). The results show that public...

This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture, manufacturing and services) for a panel of 168 countries over the period...

Am 27. und 28. April 1995 veranstaltete das ifo Institut zusammen mit der Bayerischen Industrie- und Handelskammer im Europäischen Patentamt in München ein Symposium zum Thema "Mobilisierung der bayerischen Wirtschaft für die Länder des Fernen Ostens". Es war vor allem das Ziel,...

Das Ziel dieser Arbeit ist es, den Zusammenhang zwischen der technischen Effizienz des Produktionsprozesses und dem wirtschaftlichen Erfolg landwirtschaftlicher Betriebe aufzudecken und betriebsspezifische Faktoren zu bestimmen, die diese beiden Größen beeinflussen. Wir analysieren hierfür...

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...