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Finance and growth: a macroeconomic assessment of the evidence from a European angle
Papaioannou, Elias - 2007
countries financial development fosters aggregate growth mainly by lowering the cost of capital, while in advanced economies by …
Persistent link: https://www.econbiz.de/10011604833
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The Effects of Development on Migration: Theoretical Issues and New Empirical Evidence
Rotte, Ralph; Vogler, Michael - 1999
issue: the complex relationship of development and migration. Since the beginning of the 1990s several arguments have been … discussed which hint at the possibility that progress in development of less developed regions might lead to more migration …
Persistent link: https://www.econbiz.de/10010262276
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Accumulation and Productivity Growth in Industrializing Economies
Robertson, Peter E.; Landon-Lane, John S. - 2003
Historically, episodes of rapid growth are accompanied by significant structural change. In this paper we therefore aim to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing economies. To fix ideas we present an extension of...
Persistent link: https://www.econbiz.de/10010263207
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Brain drain in globalization: a general equilibrium analysis from the sending countries' perspective
Marchiori, Luca; Shen, I-ling; Docquier, Frédéric - 2009
The paper assesses the global effects of brain drain on developing economies and quantifies the relative sizes of various static and dynamic impacts. By constructing a unified generic framework characterized by overlapping-generations dynamics and calibrated to real data, this study incorporates...
Persistent link: https://www.econbiz.de/10010269352
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Bidding for brains: Intellectual property rights and the international migration of knowledge workers
McAusland, Carol; Kuhn, Peter - 2010
We introduce international mobility of knowledge workers into a model of Nash equilibrium IPR policy choice among countries. We show that governments have incentives to use IPRs in a bidding war for global talent, resulting in Nash equilibrium IPRs that can be too high, rather than too low, from...
Persistent link: https://www.econbiz.de/10010269771
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The optimal climate policy portfolio when knowledge spills across sectors
Massetti, Emanuele; Nicita, Lea - 2010
This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy...
Persistent link: https://www.econbiz.de/10010270521
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Financial liberalisation, bureaucratic corruption and economic development
Blackburn, Keith; Forgues-Puccio, Gonzalo F. - 2008
We study the eþect of international financial integration on economic development when the quality of governance may be …) corruption is always bad for economic development, but its effect is worse if the economy is open than if it is closed; (2) the … incidence of corruption may, itself, be affected by both the development and openness of the economy; (3) financial …
Persistent link: https://www.econbiz.de/10010273899
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Innovation theories: relevance and implications for developing country innovation
Léger, Andréanne; Swaminathan, Sushmita - 2007
Innovation is at the basis of economic development and as such, it is instrumental for developing countries. We review …
Persistent link: https://www.econbiz.de/10010274512
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Economic development and industrial concentration: An inverted U-curve
Junius, Karsten - 1996
concentration in the course of economic development. The model includes centrifugal forces, such as home market effects and access …. Economic development increases the size of the industrial sector in terms of employment relative to the size of the …, transport costs, and the level of economic development. These parameters lead to an inverted U-curve pattern of industry …
Persistent link: https://www.econbiz.de/10010275339
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Barriers to exit
Chong, Alberto; León, Gianmarco - 2006
Unlike previous empirical studies that focus on barriers to entry in international trade, we focus on barriers to exit as measured by passport costs for a crosssection of countries. We test four common theories on the determinants of such exit barriers and find that macroeconomic and brain-drain...
Persistent link: https://www.econbiz.de/10010278222