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Strulik, Holger - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2011

In an inuential article Tornell and Lane (1999) considered an economy populatedby multiple powerful groups in which property rights in the formal sectorof production are not protected. They obtained conditions under which thegroups appropriate output from the formal sector in order to invest it...

Persistent link: https://www.econbiz.de/10009302590

When is Trade Protection Good for Growth?

Minier, Jenny; Unel, Bulent - Louisiana State University <Baton Rouge, La.> / E. J. … - 2009

The empirical relationship between trade protection and economic growth is surprisinglyfragile, as shown in a number of … between trade barriers and growth is contingent on measures ofcomparative advantage. The findings suggest that these …

Persistent link: https://www.econbiz.de/10009302530

Trade Reforms and Market Selection:Evidence from Manufacturing Plants in Colombia

Eslava Mejía, Marcela; Haltiwanger, John C.; Kugler, … - Institut zur Zukunft der Arbeit <Bonn> - 2009

variation across sectors intariff changes after the Colombian trade reform to assess whether the impact of marketfundamentals on … ofproductivity with and without the trade reform shows that improvements in market selectionfrom trade reform help to weed out the … least productive plants and increase averageproductivity. In addition, we find that trade liberalization increases …

Persistent link: https://www.econbiz.de/10009360629

The Incidence of Gravity

Anderson, James E. - Boston College / Department of Economics - 2009

The high trade costs inferred from gravity are rarely used in thewide class of trade models. Two related problems … explain this omis-sion of a key explanatory variable. First, national seller and buyer re-sponses to trade costs depend on … their incidence rather than on the fullcost. Second, the high dimensionality of bilateral trade costs requiresaggregation …

Persistent link: https://www.econbiz.de/10009302535

Is Information and CommunicationTechnology (ICT) the Right Strategyfor Growth in Mexiko?

Caudillo Sanchez, Francisco - Technische Universität <Freiberg> - 2006

Although empirical evidence available suggests that information and communication technologies (ICT) have positively contributed to important sectors of the Mexican economy, it is still unknown to which extent ICT have truly contributed to productivity among these sectors. The increasing...

Persistent link: https://www.econbiz.de/10005864124

Dynamic Effects of Offshoring

Stijepic, Denis; Wagner, Helmut - Fernuniversität <Hagen> / Fakultät für … - 2008

effects depend on the development of terms of trade and on wether low-productivity-grwoth-activities are offshored. Negative … development of terms of trade.... …

Persistent link: https://www.econbiz.de/10005868278

FOREIGN DIRECT INVESTMENT, INEQUALITY, AND GROWTH

Parantap Basu; Guariglia, Alessandra - University <Durham> / Department of Economics and Finance; … - 2003

This paper examines the interactions between Foreign Direct Investment (FDI), inequality, and growth, both from a theoretical and an empirical point of view. We set up a growth model of a dual economy in which the traditional (agricultural) sector uses a diminishing returns technology, while FDI...

Persistent link: https://www.econbiz.de/10005868808

The Overhang Hangover

Imbs, Jean; Ranciere, Romain - Institut für Schweizerisches Bankwesen <Zürich> - 2005

We revisit the debt overhang question. We first use non-parametric techniques to isolate a panel of countries on the downward sloping section of a debt Laffer curve. In particular, overhang countries are ones where a threshold level of debt is reached in sample, beyond which (initial) debt ends...

Persistent link: https://www.econbiz.de/10005858241

Stochastic Growth in the United States and Euro Area

Ireland, Peter N. - Boston College / Department of Economics - 2010

This paper constructs a two-country stochastic growth model in which neutraland investment-specic technology shocks are nonstationary but cointegrated acrosseconomies. It uses this model to interpret data showing that while real investmenthas grown faster than real consumption in the United...

Persistent link: https://www.econbiz.de/10009302547

Global Aging and Fiscal Policy with InternationalLabor Mobility: A Political Economy Perspective

Tosun, Mehmet Serkan - Institut zur Zukunft der Arbeit <Bonn> - 2009

This paper uses an overlapping generations model with international labor mobility and apolitically responsive fiscal policy to examine aging in developed and developing regions.Migrant workers change the political structure composed of young and elderly voters in bothlabor-receiving and...

Persistent link: https://www.econbiz.de/10009418919