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Openness and economic growth in developing countries.
Gundlach, Erich - Kiel Institute for the World Economy - 1997
Openness appears to have a strong impact on economic growth especially in DCs, which typically exhibit a high share of physical capital in factor income and a low share of labor. In the neoclassical growth model with partial capital mobility, physical capital?s share in factor income determines...
Persistent link: https://www.econbiz.de/10008520100
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Human capital and economic development : a macroeconomic assessment.
Gundlach, Erich - Kiel Institute for the World Economy - 1997
Persistent link: https://www.econbiz.de/10008575588
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Institutions and Economic Performance - To Grow or Not to Grow: Why Institutions Must Make a Difference
Gylfason, Thorvaldur - In: CESifo DICE Report 2 (2004) 2, pp. 3-9
Persistent link: https://www.econbiz.de/10005056457
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Blood, Sweat, and Tears: The Rise and Decline of the East German Economy, 1949-1988
Blum, Ulrich; Dudley, Leonard - In: Journal of Economics and Statistics (Jahrbuecher fuer … 220 (2000) 4, pp. 438-452
The rise of the East-German economy in the 1950s and 1960s and its decline in the 1970s and 1980s is difficult to explain by neoclassical economics. However, the observed life cycle may be explained by the inclusion of concepts from old and new institutional economics and from functional...
Persistent link: https://www.econbiz.de/10005027160
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The normalized CES production function: theory and empirics
Klump, Rainer; McAdam, Peter; Willman, Alpo - European Central Bank - 2011
normalization in recent advances in the theory of business cycles and of economic growth. Next, we discuss the benefits … normalization brings for empirical estimation and empirical growth research. Finally, we identify promising areas of future research …
Persistent link: https://www.econbiz.de/10008839184
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Britain, China, and the Irrelevance of Stage Theories
McCloskey, Deirdre Nansen - Volkswirtschaftliche Fakultät, … - 2009
have shown that China led the West in 1500, and maybe as late as 1750, then fell dramatically behind. It was the … thought from the 18th century to the present (for example, in modern growth theory) are mistaken. The metaphors of biological …
Persistent link: https://www.econbiz.de/10008555454
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Das Wirtschaftswachstum der Nationen im zwanzigsten Jahrhundert.
Gundlach, Erich - Kiel Institute for the World Economy - 1998
Persistent link: https://www.econbiz.de/10008590748
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Capital mobility and growth.
Diehl, Markus; Gundlach, Erich - Kiel Institute for the World Economy - 1999
We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values, capital mobility has a large impact on income growth.
Persistent link: https://www.econbiz.de/10008520310
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Wirtschaftsnobelpreis 1995 für Robert E. Lucas
Schreiber, Carsten - In: ifo Dresden berichtet 02 (1995) 06, pp. 34-35
Finanzanlagen entwickelt und die neue Wachstumstheorie bearbeitet. …
Persistent link: https://www.econbiz.de/10005037085
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Die Bedeutung des Humankapitals für das Wirtschaftswachstum.
Gundlach, Erich - Kiel Institute for the World Economy - 2003
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Persistent link: https://www.econbiz.de/10008582247