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How Does Financial Openness Affect Economic Growth and its Components?

Garita, Gus - 2009

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

Nonlinear propagation of sectoral productivity shocks with variable elasticities of substitution

Paul, Saumik; Raju, Dhushyanth - 2023

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

Regional differences in intersectoral linkages and diverse patterns of structural transformation

Paul, Saumik; Raju, Dhushyanth - 2022

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

Openness and Human Capital as Sources of Productivity Growth : An Empirical Investigation from the MENA Countries

Haouas, Ilham; Yagoubi, Mahmoud - 2005

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

TFP estimation and productivity drivers in the European Union

Gehringer, Agnieszka; Martínez-Zarzoso, Inmaculada; … - 2014

Persistent link: https://www.econbiz.de/10010244650

Population Aging, Retirement, and Aggregate Productivity

Gründler, Klaus; Potrafke, Niklas - 2023

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

Trade costs in services : firm survival, firm growth and implied changes in employment

Christen, Elisabeth; Pfaffermayr, Michael; Wolfmayr, Yvonne - 2019

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

Population aging, retirement, and aggregate productivity

Gründler, Klaus; Potrafke, Niklas - 2023

Persistent link: https://www.econbiz.de/10014322046

Port rail connectivity and agricultural production : evidence from a large sample of farmers in Ethiopia

Iimi, Atsushi; Adamtei, Haileysus; Markland, James; … - 2019

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

Accumulation, Innovation and Catching-Up: An Extended Cumulative Growth Model

León-Ledesma, Miguel A. - 1999

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