Showing 1 - 10 of 1,461
We build a dynamic general equilibrium model with 2 countries, horizontal and vertical multinational activity and endogenous domestic and foreign investment. It is found that horizontal multinational activity always leads to a complementary relationship between domestic and foreign investment....
Persistent link: https://www.econbiz.de/10011377536
The first wide-ranging attempt at thought-provoking growth processes produced the exogenous growth model otherwise known and referred to as the neoclassical growth model. It assumes amongst others, a diminishing rate of returns to physical capital in the production process as well as endogeneity...
Persistent link: https://www.econbiz.de/10012895397
The first wide-ranging attempt at thought-provoking growth processes produced the exogenous growth model otherwise known and referred to as the neoclassical growth model. It assumes amongst others, a diminishing rate of returns to physical capital in the production process as well as erogeneity...
Persistent link: https://www.econbiz.de/10012896164
Persistent link: https://www.econbiz.de/10010399838
Persistent link: https://www.econbiz.de/10003813742
This paper studies the convergence in per capita gross regional products (GRPs) across Russian regions in the period from 1996 to 2017. We estimate growth equations, which are directly derived from a neoclassical growth model, augmented with human capital and migration. To our knowledge, this is...
Persistent link: https://www.econbiz.de/10012831203
In this paper, we study convergence in per capita gross regional products across Russian regions in the period from 1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model, augmented with human capital and migration. To our...
Persistent link: https://www.econbiz.de/10012839051
Persistent link: https://www.econbiz.de/10012198929
Persistent link: https://www.econbiz.de/10003932533
We build a dynamic general equilibrium model with 2 countries, horizontal and vertical multinational activity and endogenous domestic and foreign investment. It is found that horizontal multinational activity always leads to a complementary relationship between domestic and foreign investment....
Persistent link: https://www.econbiz.de/10014211151