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Does greater product market competition improve external competitiveness and growth? This paper examines this question by using country-and firm-level data for a sample of 39 sub-Saharan African countries over 2000-17, as well as other emerging market economies and developing countries, and...
Persistent link: https://www.econbiz.de/10012839680
What can further market integration contribute to growth and employment? A series of hypothetical trade reform … with the OECD METRO model show that positive effects are higher when more countries participate in trade integration … produce. While trade integration boosts demand and lifts wages and factor returns, the required production adjustments also …
Persistent link: https://www.econbiz.de/10011874287
EU11 economies are among the most open economies globally. The process of trade integration and the creation of GVCs … also drove a significant inflow of FDI into these countries. While integration into the EU and FDI have enhanced their …
Persistent link: https://www.econbiz.de/10012863458
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process, in countries where distortions and limited...
Persistent link: https://www.econbiz.de/10003854944
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process, in countries where distortions and limited...
Persistent link: https://www.econbiz.de/10012722934
North-South foreign direct investment (FDI) is frequently viewed as a process in which jobs relocate from the North to the South. I build a growth model with two asymmetric trading economies, the North where firms innovate and the South where Northern firms invest to take advantage of lower...
Persistent link: https://www.econbiz.de/10011816895
economic integration and convergence as well as business environment and growth. The study methods applied in in the article …10 and EU15 countries were developing in accordance with the convergence hypothesis. The impact of economic integration … of the study is the combination of three important research problems: convergence, economic integration and business …
Persistent link: https://www.econbiz.de/10012021613
Which have been the consequences of the euro for integration and economic performance in the Baltic Sea region? After … bestowed appreciation for the Baltics and Finland. Contrary to the purpose, monetary integration has not fostered integration … Sea region suggests that the euro provides "the golden fetters" of our time. Emigration, also a kind of integration, has …
Persistent link: https://www.econbiz.de/10012433742
critically summarize various measures of international integration in each of these spheres. I then move on to discuss and …
Persistent link: https://www.econbiz.de/10014025589
This paper examines the impact on TFP in Latin America and the Caribbean (LAC) and in other developing countries (DEV) of trade-related foreign R&D (NRD), education and governance. The measures of NRD are constructed based on industry-specific R&D in the North, North-South trade patterns, and...
Persistent link: https://www.econbiz.de/10003965601