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I show that the evolution of cross-country incomes is characterized by global divergence. To do this, the sample of non-mainly-petroleum-exporting countries having market economies during the period 1960-1997 is divided into five clusters of countries by a regression clustering algorithm...
Persistent link: https://www.econbiz.de/10014107508
I present a dynamic fixed cost model of export participation extended by a capital theoretic concept of the customer stock. Plants that want to start exporting have to invest into a market specific factor which serves as input into a decreasing returns to scale technology generating sales...
Persistent link: https://www.econbiz.de/10010191654
Our paper examines the triangular relationships between energy consumption, trade openness and economic growth of 45 countries from 1991 to 2014 using dynamic seemingly unrelated regression (DSUR) models. We confirm a bidirectional relationship among energy consumption and income, trade openness...
Persistent link: https://www.econbiz.de/10014500361
This research aims to identify the impact of agriculture, forest and fishing value-added on international business, capital flow, and economic growth for India from 2000 to 2022, by examining short-term and long-term equilibrium using the Auto Regressive Distributive lag (ARDL) approach....
Persistent link: https://www.econbiz.de/10014501118
Purpose - This paper attempts to analyse the empirical link between economic growth and the external shocks in a small open developing economy, Turkey, focusing on the nonlinearity between the dynamics for the 1992-2011 period. Design/methodology/approach - This paper examines the effects of...
Persistent link: https://www.econbiz.de/10011493838
After 1984 and following economic liberalisation, income inequality in Mexico has increased. Some of the main factors that have contributed to this trend are the relative expansion of the average income in the service sector in relation to the agricultural and manufacturing sectors, which is...
Persistent link: https://www.econbiz.de/10003491145
This paper focuses on two apparent puzzles for the Italian economy: i) How can an extremely poor performance in productivity growth be compatible with strong employment growth?; and ii) How can a sharp decline in competitiveness come along with higher export prices and a general situation for...
Persistent link: https://www.econbiz.de/10013159055
This paper aims to investigate the determinants of productivity growth in the Tunisian economy context over the period 1976 to 2010. Our theoretical model incorporates as key variables, domestic innovation, human capital, distance to technology frontier and external technology spillovers through...
Persistent link: https://www.econbiz.de/10012889546
This paper examines real and financial linkages between Saudi Arabia and other GCC countries. Growth spillovers from Saudi Arabia to Bahrain are found to be sizeable and statistically significant, but those to other GCC countries are not found to be significant. Equity market movements in Saudi...
Persistent link: https://www.econbiz.de/10012895100
This paper aims to investigate the determinants of productivity growth in the Tunisian economy context over the period 1976 to 2010. Our theoretical model incorporates as key variables, domestic innovation, human capital, distance to technology frontier and external technology spillovers through...
Persistent link: https://www.econbiz.de/10012870856