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two-sector growth model, the Oniki-Uzawa trade model, and the neoclassical growth models in environmental economics. The …, economic structure, domestic and global division of labor, international trade and environmental change with transboundary … system. Our analysis provides some insights into the complexity of global economic growth with environment. For instance, the …
Persistent link: https://www.econbiz.de/10010470656
The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in … economic research in the past 20 years. The positive or negative growth effects of a countryś regulatory framework are …. Therefore, the two potential determinants to growth might be interlinked. So far there is very little empirical evidence on the …
Persistent link: https://www.econbiz.de/10011298539
overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional … control variables are introduced in the model. Therefore, this study examines the role of trade and investment in the growth …
Persistent link: https://www.econbiz.de/10012023952
growth. To do the analysis, I introduce international trade into a neoclassical growth model with two sectors, agriculture …This paper examines the effects of international trade in agricultural goods on structural transformation and economic … trade can accelerate this transition for countries with low agricultural productivity because it allows them to import food …
Persistent link: https://www.econbiz.de/10013112449
international trade on steady state growth. The two countries differ both in preferences and in technologies. We show first, that … both countries cannot simultaneously experience increases in consumption growth from trade. Second, we show that trade can … increase output growth for both countries if the attitude toward saving matches the change in the terms of trade in each …
Persistent link: https://www.econbiz.de/10014074406
The empirical evidence on the causal relationship between international trade and economic growth is inconclusive …. While some studies show that trade leads to growth, others have pointed to a reverse causation. In this paper we develop a … model of international trade and productivity growth in the presence of a misallocation of resources. Misallocation in a …
Persistent link: https://www.econbiz.de/10013028419
order to model the trade between Turkey and the EU, we employ a time series analysis, namely cointegration method with error …
Persistent link: https://www.econbiz.de/10011527583
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade …. One of these, the ‘classical’ model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which … countries trade homogeneous products in world markets and produce according to their comparative advantage as determined by …
Persistent link: https://www.econbiz.de/10012602338
With global specialization and trade, countries make directly but also indirectly use of the environment via traded … the trade pattern, i.e. whether the net export of the Ecological Footprint, embodied in the traded goods, depends on the … the role of FDI flows for the emergence of the ecological specialization pattern of production and trade. …
Persistent link: https://www.econbiz.de/10011637772
computable general equilibrium trade model calibrated with the latest version of the GTAP database to simulate the effect of … doubling non-tariff barriers - both unilateral and reciprocal - between the two blocks on trade and welfare. Imposing trade … to cooperate rather than turning away from each other. By imposing a trade war on Russia, the political West could …
Persistent link: https://www.econbiz.de/10012888028