Showing 1 - 10 of 26,914
chains affect the world income distribution. We consider a world where countries only differ in their productivity. The level … of productivity determines the number of varieties a country produces. To manufacture each variety a bundle of … increases top-bottom inequality and it has non-monotonic effects on the world income distribution (it reduces relatively more …
Persistent link: https://www.econbiz.de/10010944640
50% and 60% (depending on the specification used) unless a structural break increases the world interest rates or … productivity as of 1959 of about 350 (320). As a complement to the growth model we estimate the Kouri model using time …-varying coefficients obtaining a forecast of the debt/GDP ratio of about 57% for 2050 as for the growth model. As the rest of the world is …
Persistent link: https://www.econbiz.de/10010712028
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
incentives and the world distribution of income. An endogenous product cycle arises in equilibrium, in which innovative countries …
Persistent link: https://www.econbiz.de/10010775239
Las sendas entrelazadas de la transformación industrial y la autonomía tecnológica han incidido en el crecimiento económico de Colombia. La leve aceleración económica del período 1925-1979 se relaciona con la industrialización nacional. Y la desaceleración económica a partir de 1980,...
Persistent link: https://www.econbiz.de/10005603880
This paper explores the quantitative implications of a class of endogenous growth models for cross-country income differences. These models exhibit international spillovers, no scale effects and conditional convergence, and thus they overcome some difficulties faced by the early generation of...
Persistent link: https://www.econbiz.de/10005407660
The issue of foreign aid dependency in African countries remains controversial among policy makers. So far, there is no consensus on aid effectiveness and the resulting policy prescriptions have been conflicting. The Euro zone which provides the bulk of foreign aid to developing countries, is...
Persistent link: https://www.econbiz.de/10011259182
For Latvia with incoming into the European Union big opportunities in the international markets have opened. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In paper various indicators of a national economy before and after...
Persistent link: https://www.econbiz.de/10008855257
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In the paper Latvian economic indicators before and after entering the EU are...
Persistent link: https://www.econbiz.de/10009216353
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU increased the amount of received means from structural...
Persistent link: https://www.econbiz.de/10009367975