Showing 1 - 10 of 508
In this paper we investigate if trade barriers or openness affect economic growth differently in the presence of technological diffusion. A sample of about 70 developing countries is chosen and the impact of import tariffs and SW openness index on economic growth when these countries engage in...
Persistent link: https://www.econbiz.de/10008493796
This paper presents a simple general equilibrium model of economic performance through time. The model incorporates four main determinants of economic performance: technology, capital investment, the division of labor and quality of institutions. It demonstrates that growth is not automatic even...
Persistent link: https://www.econbiz.de/10004971817
This paper identifies and analyses some key challenges that OECD and partner economies may face over the coming 50 years if underlying global trends relating to growth, trade, inequality and environmental pressures prevail. For example, global growth is likely to slow and become increasingly...
Persistent link: https://www.econbiz.de/10010374491
Persistent link: https://www.econbiz.de/10001575515
Purpose – This paper seeks to analyze empirically the net effect of trade openness on “economic culture”, measured by indicators of trust, respect, level of self‐determination, and obedience. Openness to international trade means that societies are more likely to be exposed to...
Persistent link: https://www.econbiz.de/10014862338
wealth creation. Originality/value – Entrepreneurship is critical to the process of economic growth and development. To …
Persistent link: https://www.econbiz.de/10014862397
the economic development puzzle. Design/methodology/approach – In many ways, the intuition behind the paper is … causes of economic growth and development can only be captured with these more historical methods. Attempts to force fit this … economic development through the operations of smoothly operating markets. Section 5 briefly concludes.  …
Persistent link: https://www.econbiz.de/10014862565
Purpose – This paper aims to examine the growth effects of human capital investment achieved through publicly‐provided, compulsory education, financed from income and consumption taxes. Design/methodology/approach – Constructs an endogenous growth model for developing countries, based on...
Persistent link: https://www.econbiz.de/10014863076
Purpose – The purpose of this paper is to test the export‐led growth hypothesis for South Asia, a diverse region consisting of one large country, India, surrounded by a number of medium and small countries such as Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan and Maldives....
Persistent link: https://www.econbiz.de/10014863077
The purpose of this paper is to understand how the effect of the government size per capita on the steady‐state level of output and on the growth rate differs between LDC’s and developed countries. It is shown that an increase in government size will increase the steady‐state level of...
Persistent link: https://www.econbiz.de/10014863536