Showing 1 - 10 of 1,165
This paper aims at uncovering the different channels through which de facto-financial openness affects economic growth … and its components. The results herein indicate that de facto measures of financial openness (as proxied by different …
Persistent link: https://www.econbiz.de/10014208342
This paper examines the nonlinear propagation of sectoral productivity shocks in a general equilibrium framework with intersectoral linkages characterized by allowing elasticities of substitution in sectoral outputs and sectoral productivities to vary across sector pairs. Evidence based on a...
Persistent link: https://www.econbiz.de/10014429881
Intersectoral linkages can act as shock propagation channels and shape the pattern of structural transformation. To our knowledge, no research has examined how subnational differences in intersectoral linkages impact such spillover effects. We hypothesize that regional differences in local...
Persistent link: https://www.econbiz.de/10013332119
This paper investigates the impact of openness to trade and higher levels of human capital on the economies of some … MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use … show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level …
Persistent link: https://www.econbiz.de/10010262187
Persistent link: https://www.econbiz.de/10010244650
Most industrialized countries today are facing historical demographic changes, paring increasing retirement with a declining labor force. We study the consequences of an increasing pensioner-worker ratio in a macroeconomic framework, which suggests a negative effect on total factor productivity....
Persistent link: https://www.econbiz.de/10014345627
This paper provides new insight into the firm-level employment impacts of trade cost changes at the industry level in the Austrian services sector. We apply a two-part model of firm survival (exit) and firm growth. Separate regressions for firm entry rates at the industry-region level complete...
Persistent link: https://www.econbiz.de/10012157327
Most industrialized countries today are facing historical demographic changes, paring increasing retirement with a declining labor force. We study the consequences of an increasing pensioner-worker ratio in a macroeconomic framework, which suggests a negative effect on total factor productivity....
Persistent link: https://www.econbiz.de/10014322046
Agriculture important in Africa, employing a large share of the labor force and earning foreign exchange. Transport connectivity has long been a crucial constraint in the region. In theory, railways have the advantage of shipping bulky freight, such as fertilizer, at low costs. However, in many...
Persistent link: https://www.econbiz.de/10012157317
This paper presents an extended model of cumulative growth in which the effects of innovation and catching-up are considered. The effect of innovation adds another source of cumulative growth to that of the traditional models and allows for the consideration of the importance of non-price...
Persistent link: https://www.econbiz.de/10010443328