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The Theory of the Second Best implies that any country with less-than-ideal resources can lose from international trade. Recently it has been suggested this means the South (poor countries) are better off suppressing trade with the North, especially trade in natural resource products, since the...
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kausale Beziehung zwischen ausländischen Direktinvestitionen (DI) und Wirtschaftswachstum in 6 lateinamerikanischen Ländern … aufgeworfen, wie die Interaktion zwischen DI und inländischem Wirtschaftswachstum zu sehen ist. Auch wenn in der theoretischen als … auch empirischen Literatur signifikante Belege für eine Verbindung zwischen DI und Wirtschaftswachstum zu finden sind, so …
Persistent link: https://www.econbiz.de/10009476170
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There is a growing debate in the emerging market on the choice of an appropriate monetary or exchange rate policy that could lead to a sustainable economic growth. Inflation targeting has become one of these policy alternatives and has recently been implemented in some of the emerging markets in...
Persistent link: https://www.econbiz.de/10009441723
This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs of log per capita output gaps across N economies. A general probabilistic definition of output convergence is also proposed. The approach is compatible with individual output...
Persistent link: https://www.econbiz.de/10009441996
zur Wachstumstheorie, die den Stellenwert eigener F&E-Anstrengungen und interregionaler Spillover-Effekte für die …
Persistent link: https://www.econbiz.de/10009442319
We investigate the relationship between changes in socioeconomic factors and the emerging coexistence of under and overweight among adults in China during 1991-2000. Our key questions are: (1) whether any socioeconomic factor explains both increasing overweight (Body Mass Index (BMI)less than or...
Persistent link: https://www.econbiz.de/10009442500
This paper argues that investment in agriculture has a large and continuing developmental importance in terms of both economic growth and poverty reduction. Moreover, targeted public resources have proven to be indispensable in achieving these results. Both arguments are supported with novel...
Persistent link: https://www.econbiz.de/10009442552