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No abstract.
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This paper asks whether net trade in the Middle East and North Africa (MENA) can be explained by differences in comparative costs and in the exploitation of scale economies. Based on a sample of six countries, it is shown that factor proportions do not significantly affect net trade. In an...
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This paper deals with the effects of European integration in the EC and EFTA on economic growth. Base regressions suggest that EC and EFTA memberships do in fact have a positive and significant effect on economic growth, and that there is no significant difference between EC and EFTA membership....
Persistent link: https://www.econbiz.de/10005789045
It has been suggested that members in the EC or the EFTA experienced significantly higher growth rates compared to nonmember countries. This suggests that the European integration either captures omitted variables or that it gives rise to increased growth rates through enhanced investment and/or...
Persistent link: https://www.econbiz.de/10005463279
It has been shown that the more uneven the initial distribution of income, the less an economy is expected to grow. Employing so-called Extreme Bounds Analysis (EBA), it is found that the direct effect of income distribution on growth is fragile. This applies to both democracies and...
Persistent link: https://www.econbiz.de/10009195696
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