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There has been a wide debate on whether democracy actually has an effect on economic outcomes, and especially on … variables estimation. Our results demonstrate that the effect of democracy on trade is underestimated using Ordinary Least … (1996) which suggest that the effects of democracy for economic growth are not uniform for all countries. …
Persistent link: https://www.econbiz.de/10010513375
There has been a wide debate on whether democracy actually has an effect on economic outcomes, and especially on … variables estimation.Our results demonstrate that the effect of democracy on trade is underestimated using Ordinary Least … (1996) which suggest that the effects of democracy for economic growth are not uniform for all countries …
Persistent link: https://www.econbiz.de/10013023504
migration and trade and their effects on unemployment (chapter 5), and the dynamics of democracy and income chapter 6). …
Persistent link: https://www.econbiz.de/10011742960
This paper studies the effect of sharing a common native language on international trade. Switzerland hosts three major native language groups which adjoin countries sharing the same native majority languages. In regions close to the internal language border the alternate major language is...
Persistent link: https://www.econbiz.de/10010497513
The paper shows that the relationship between GDP per capita and levels of specialization can be predicted differently depending on whether the intensive or the extensive margin is considered. It shows that at the extensive margin countries continuously diversify their exports and that...
Persistent link: https://www.econbiz.de/10010382160
Corruption is widely believed to negatively affect economic growth. However, many East and Southeast Asia countries either achieved or currently are achieving impressively rapid economic growth despite widespread corruption - the 'East Asian Paradox'. Is this negative relationship equally likely...
Persistent link: https://www.econbiz.de/10012102930
This paper intends to combine two fields in the economic literature by examining empirically the FDI pattern - horizontal versus vertica l- within the European Union and the relevance of trade integration as a potential determinant of investment flows over the period 1995-2009. We capture trade...
Persistent link: https://www.econbiz.de/10010371905
Most evidence for the resource curse comes from cross-country growth regressions suffers from a bias originating from the high and ever-evolving volatility in commodity prices. This paper addresses these issues by providing new cross-country empirical evidence for the effect of resources in...
Persistent link: https://www.econbiz.de/10010270466
This paper examines the resource curse and its transmission channels by resource type. We review and synthesize existing theories of the transmission channels of the curse. This synthesis suggests that (1) relating the transmission channels to the characteristics of different types of resources,...
Persistent link: https://www.econbiz.de/10010271919
In this paper I discuss the general statistical relationships between beta- and sigmaconvergence (for a definition see section 2) and the implications of the Solow-Swan and Ramsey-Cass model for an OLS-estimation of beta- and sigma-convergence of the log of per capita GDP over a cross section of...
Persistent link: https://www.econbiz.de/10010275564