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controversy continues today, even as the world is experiencing an unprecedented period of trade liberalization, and in spite of … faster productivity growth. Although the use of instrumental variables goes a long way towards dealing with endogeneity …
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controversy continues today, even as the world is experiencing an unprecedented period of trade liberalization, and in spite of … faster productivity growth. Although the use of instrumental variables goes a long way towards dealing with endogeneity …
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also because of potential second best world effects and the implied endogeneity of trade policy. Policy recommendations for …
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This book deals with international growth, featuring the dynamics of foreign debt and domestic capital. It proves useful to consider the Solow model, the overlapping generations model and the infinite horizon model. Phase diagrams serve to trace out the processes of adjustment induced by various...
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