Narrow search
Showing 1 - 10 of 2,182
Cover Image
Chapter 3 Horizontal Innovation in the Theory of Growth and Development
Gancia, Gino; Zilibotti, Fabrizio - 2005
We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990). “Endogenous technological change”. Journal of Political Economy 98, 71–102]. In the first part, we present different versions of the benchmark linear model with imperfect...
Persistent link: https://www.econbiz.de/10014023784
Cover Image
Trade, factor mobility and the extent of economic integration : theory and evidence
Mikolajun, Irena; Viaene, Jean-Marie - 2015
The Middle East was once seen as a medieval great globalized force. Nowadays it shows one of the lowest intra-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady .ow of workers across national borders of the Middle East is this...
Persistent link: https://www.econbiz.de/10011309224
Cover Image
Trade, Factor Mobility and the Extent of Economic Integration : Theory and Evidence
Mikolajun, Irena - 2015
The Middle East was once seen as a medieval great globalized force. Nowadays it shows one of the lowest intra-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady .ow of workers across national borders of the Middle East is this...
Persistent link: https://www.econbiz.de/10013015347
Cover Image
Is hard Brexit detrimental to EU integration? : theory and evidence
Mikolajun, Irena; Viaene, Jean-Marie - 2018
In the struggle between the forces of free trade and the restrictive influence of insularism the latter recently seems to have the upper hand. This is illustrated by the referendum of June 23, 2016 where the United Kingdom (UK) voted to leave the Europea+n Union (EU). In this paper we evaluate...
Persistent link: https://www.econbiz.de/10011892540
Cover Image
Diffusion of technology and convergence of income among countries
Oz, Sumru - 2014 - Preliminary version; April 9, 2014
mechanism of per capita income convergence among countries. This paper analyzes the per capita income convergence implications … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence … among countries grouped with respect to their mutual trade, this paper presents evidence that per capita income convergence …
Persistent link: https://www.econbiz.de/10010251655
Cover Image
The vanishing effect of finance on growth
Gründler, Klaus - 2015
This paper investigates the causes of the "vanishing effect of finance" detected in recent studies. The results highlight that the negative effect of the financial system on growth is mainly driven by advanced economies, whereas finance is still beneficial for income increases in developing...
Persistent link: https://www.econbiz.de/10011391918
Cover Image
A two-step procedure for generating domestic and asymmetric international trade costs when data are scarce
Mazhikeyev, Arman - 2019
The practice of trade cost measurement faces several challenges related to data quality, methodology and theory; but the major issue is that of data scarcity. Due to these facts both domestic and asymmetric trade costs have been ignored despite being a feature of modern trade models. This paper...
Persistent link: https://www.econbiz.de/10012147217
Cover Image
Taxonomy for Measurement of Firm-Level Export Performance
Chugan, Pawan K.; Singh, Shivangi - 2014
Exporting is crucial to a country’s trade performance in terms of increasing its foreign exchange reserves and improving the terms of trade. At the firm-level too, exporting serves significant purpose by enhancing sustainability, profitability, and competitive position of firms in long-run....
Persistent link: https://www.econbiz.de/10014036688
Cover Image
Investment-Saving Co-Movement Under Endogenous Fiscal Policy
Levy, Daniel - 2010
I expand Feldstein's (1983) model by including flexible exchange rate and by introducing endogenous fiscal policy. Using the model, I demonstrate how a positive investment-saving correlation can arise in a world with endogenous fiscal policy. I show that this correlation does not depend on...
Persistent link: https://www.econbiz.de/10014066680
Cover Image
Asset price changes, external wealth and global welfare
Meyer, Timothy Andreas - 2024
U.S. equity outperformance and sustained dollar appreciation have led to large valuation gains for the rest of the world on the U.S. external position. The author constructs their global distribution, carefully accounting for the role of tax havens. Valuation gains are concentrated and large in...
Persistent link: https://www.econbiz.de/10014500929