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Endogenous Economic Growth through Connectivity
Zon, Adriaan van; Mupela, Evans - United Nations University-Maastricht Economic Research … - 2010
In this paper we show the benefits of regional connectivity and specialization to growth. Starting with one region we show how welfare measured by utility per head increases as the number of connected regions increase. We assume a common connectivity infrastructure implemented by satellite,...
Persistent link: https://www.econbiz.de/10010856401
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Oil Exports, Non Oil GDP and Investment in the GCC Countries
Harb, Nasri - Volkswirtschaftliche Fakultät, … - 2008
This paper studies the long and short-run relationship between oil exports, non oil GDP and investment in five major oil exporting countries. Its goal is to verify the effect of natural resources exports on the economic performance. It considers the effect of cross sectional correlations and...
Persistent link: https://www.econbiz.de/10005025719
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Stabilization and growth under dictatorship: the experience of Franco's Spain
Escosura, Leandro Prados de la; Rosés, Joan R.; … - Instituto Figuerola de Historia y Ciencias Sociales, … - 2010
Stabilizing and liberalizing policies are key elements of the Washington Consensus. This paper adds a historical dimension to the ongoing debate by assessing the economic impact of market-oriented reforms undertaken during General Franco’s dictatorship, the 1959 Stabilization and...
Persistent link: https://www.econbiz.de/10008594390
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The second transition: Eastern Europe in perspective
Fabrizio, Stefania; Leigh, Daniel; Mody, Ashoka - Directorate-General Economic and Financial Affairs, … - 2009
This paper studies the global trade and financial market integration of the countries in Eastern Europe. The countries of Eastern Europe achieved two remarkable transitions in the short period of the last two decades: from plan to market and, then, in the run-up to and entry into the European...
Persistent link: https://www.econbiz.de/10008635822
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The EU enlargement and economic growth in the CEE new member countries
Rapacki, Ryszard; Próchniak, Mariusz - Directorate-General Economic and Financial Affairs, … - 2009
This paper analyses whether EU enlargement contributed to economic growth and real convergence in the ten new member countries from Central and Eastern. In this paper, we aim to check whether the EU enlargement contributed to economic growth of ten new member countries from Central and Eastern...
Persistent link: https://www.econbiz.de/10008459190
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Trade Openness, Institutional Change and Economic Growth
Navas, Antonio - Departamento de Análisis Económico: Teoría … - 2009
This paper explores the relationship between trade openness and economic growth through a change in institutions. To do so, the paper creates a theory of endogenous institutional change where there are three social groups, each one owns a specific production factor. An ellite (landowners)...
Persistent link: https://www.econbiz.de/10004997850
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Endogenous Economic Growth through Connectivity
Zon, Adriaan van; Mupela, Evans - United Nations University, Maastricht Economic and … - 2010
In this paper we show the benefits of regional connectivity and specialization to growth. Starting with one region we show how welfare measured by utility per head increases as the number of connected regions increase. We assume a common connectivity infrastructure implemented by satellite,...
Persistent link: https://www.econbiz.de/10008568147
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Economic Reforms and Growth in Franco’s Spain
Escosura, Leandro Prados de la; Rosés, Joan R.; … - Instituto Figuerola de Historia y Ciencias Sociales, … - 2011
This paper is an attempt at assessing the economic impact of market-oriented reforms undertaken during General Franco’s dictatorship, in particular, the 1959 Stabilization and Liberalization Plan. Using an index of macroeconomic distortions (IMD) the relationship between economic policies and...
Persistent link: https://www.econbiz.de/10009195322
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Education investissements directs étrangers et croissance économique réflexions pour le maroc
Jellal, Mohamed; Bouzahzah, Mohamed - Volkswirtschaftliche Fakultät, … - 2012
We present an endogenous growth model with technological externalities emitted the presence of the foreign direct investments. We showed that the net positive impact on the growth of these investments may be if and only if the host country such as Morocco has reached a minimal level of human...
Persistent link: https://www.econbiz.de/10011114394
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What Diversification of Trade Matters for Economic Growth of Developing Countries?
Rondeau, Fabien; Roudaut, Nolwen - Centre de Recherche en Économie et Management (CREM) - 2014
This paper underlines the influence of trade diversification on GDP per capita growth. Using methodologies developed by … intensive margin (old traded flows), extensive margin by new partners (geographic diversification) and extensive margin by new … products (product diversification). Estimations of the augmented Solow model by system-GMM for the period 1990-2009, first …
Persistent link: https://www.econbiz.de/10010969009