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This paper studies whether intra-developing country price competition has significant effects on the short-run growth rates of developing countries that are specialized in manufactured exports. Regression estimates using the generalized method of moments (GMM) applied to annual panel data for 17...
Persistent link: https://www.econbiz.de/10011527510
We construct a new database which covers production and trade in 136 primary commodities and 24 manufacturing and service sectors for 145 countries. Using this new more granular data, we estimate spillover effects from plausible trade fragmentation scenarios in a new multi-country, multi-sector,...
Persistent link: https://www.econbiz.de/10014358436
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focuses on...
Persistent link: https://www.econbiz.de/10013107701
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the 'Dutch disease' and the 'resource curse', which primarily focuses on...
Persistent link: https://www.econbiz.de/10013315924
leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns … cross-sectional behavior of the world economy is similar to that of existing exogenous growth models: Cross … exhibit conditional convergence as in the Solow-Ramsey model. The dispersion of the world income distribution is determined by …
Persistent link: https://www.econbiz.de/10014139207
The antecedent studies have designed new funding with the intellectual capital money (IKM) upon trading the intellectual capital (IK) to ensure unimpeded access to it and spur its generation and exploitation. This piece examines the static and dynamic behavior of IKM in an open economy. The...
Persistent link: https://www.econbiz.de/10014346507
Persistent link: https://www.econbiz.de/10003965287
Generation Z affected the global economy? Find out all this and more in this definitive guide to the world economy. As the global … the new world economy. In this lively guide, Randy Charles Epping cuts through the jargon to explain the fundamentals. In … comprehensive glossary and absolutely no graphs, The New World Economy: A Beginner's Guide is essential reading for anyone who wants …
Persistent link: https://www.econbiz.de/10012169185
Persistent link: https://www.econbiz.de/10010125911
Twenty-first century globalization -- Globalization: historical perspectives -- A new dynamic of global trade -- International finance: global financial flows and crises -- Emerging market and developing economies -- Globalized production and labor markets -- Sustainability -- Conclusion: we are...
Persistent link: https://www.econbiz.de/10011594891