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towards investment in education and growth in output per capita, a significant portion of the gains from trade in non …This research argues that the rapid expansion of international trade in the second phase of the industrial revolution … countries in the last two centuries. The analysis suggests that international trade had an asymmetrical effect on the evolution …
Persistent link: https://www.econbiz.de/10010318893
into persistent differences in economic development. Specifically, it establishes that pre-modern economic specialization … pre-modern economic specialization are associated with greater skill-biased occupational heterogeneity, economic …
Persistent link: https://www.econbiz.de/10012968399
that higher levels of intra-ethnic diversity were conducive to economic specialization in the pre-modern era. The findings …
Persistent link: https://www.econbiz.de/10012852776
to economic specialization in the pre-modern era. The findings are robust to a host of geographical, institutional …
Persistent link: https://www.econbiz.de/10012917099
The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in … economic research in the past 20 years. The positive or negative growth effects of a countryś regulatory framework are …. Therefore, the two potential determinants to growth might be interlinked. So far there is very little empirical evidence on the …
Persistent link: https://www.econbiz.de/10011298539
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011298529
Productivity in agriculture or services has long been understood as playing an important role in the growth of … manufacturing. In this paper we present a general equilibrium model in which manufacturing growth is stimulated by non … options for stimulating manufacturing growth: (1) a country imports more non-manufacturing goods from a foreign country with …
Persistent link: https://www.econbiz.de/10012867341
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been … provision of schooling are typically lower in an open than in a closed economy. Moreover, we find that, under openness to trade …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10010273741
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been … provision of schooling are typically lower in an open than in a closed economy. Moreover, we find that, under openness to trade …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10010261261
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been … provision of schooling are typically lower in an open than in a closed economy. Moreover, we find that, under openness to trade …, development is faster in a democratic system. We also endogenize the trade regime and demonstrate that, in political equilibrium …
Persistent link: https://www.econbiz.de/10011450834