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The paper presents an index of globalization covering its three main dimensions: Economic integration, social … globalization as well as sub-indexes constructed to measure the single dimensions on economic growth are analyzed empirically. The … results show that globalization promotes growth - but not to an extent necessary to reduce poverty on a large scale. The …
Persistent link: https://www.econbiz.de/10014103182
What is the connection between different forms of globalization, economic growth, and welfare? International trade … evaluate the ongoing and active debate about whether globalization is significantly associated with growth in the past. I pay … particular attention to the role of globalization in the Great Divergence, the tariff-trade-growth debate, and the globalization …
Persistent link: https://www.econbiz.de/10014025589
In this paper it is pointed out that economic freedom, globalization and entrepreneurial caliber foster economic growth … business investments. Data are taken from World Economic Freedom Indicators and Eurostat. The elaboration of these data is made …
Persistent link: https://www.econbiz.de/10014136464
old joke goes, the rest of the world caught a cold. But that dominance is now being challenged by the rise of rapidly … outline the consequences of this evolving world economic order – in particular, how it is decoupling the business cycles of …
Persistent link: https://www.econbiz.de/10013101221
Using a panel data set covering 139 countries over the 1970-2009 period, we empirically investigate the role of foreign direct investment on growth through diffusion of technology and innovation. Using an otherwise standard growth regression and regressions on productivity growth, we introduce a...
Persistent link: https://www.econbiz.de/10013080764
We reconsider the empirical links between volatility and growth between 1970 and 2007. There is a strong and significant correlation between individual country growth rates and global factors that are arguably exogenous with respect to their economies. The amount of volatility driven by these...
Persistent link: https://www.econbiz.de/10013144444
This paper investigates the drivers of global income growth dispersion (across 45 countries) for the period over 1980-2020. The empirical investigation is based on a structural vector autoregression model, where contributions of global (cross-country) dispersions in inflation, financial depth,...
Persistent link: https://www.econbiz.de/10014259881
This study unites two streams of research by simultaneously focusing on the impact of financial globalisation on financial development and pre- and post-crisis dynamics of the investigated relationship. The empirical evidence is based on 53 African countries for the period 2004-2011 and...
Persistent link: https://www.econbiz.de/10011410623
world. The current benchmark version of the dataset presents estimates of monthly real consumption and income for every … the distribution of consumption, poverty and inequality in the world. …
Persistent link: https://www.econbiz.de/10011482260
world. The benchmark version of the dataset presents estimates of monthly real consumption and income for every percentile … distribution of consumption, poverty and inequality in the world. …
Persistent link: https://www.econbiz.de/10011409506