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’s development path from the economic reforms of 1978 to the present. First, we focus on how government investments in human … global competition—in the computer, automobile, communication-technology, and semiconductor-fabrication industries. Finally …
Persistent link: https://www.econbiz.de/10014077435
consistent with a neo-Schumpeterian view of trade and regulation. Close to the technology frontier, import competition has a … heterogeneous effects of international competition and domestic product market regulation on firm-level productivity growth are … substantially. However, far from the frontier, neither import competition nor its interaction with domestic regulation has a …
Persistent link: https://www.econbiz.de/10009690932
crisis. In addition, once the collapse of the economy was well under way, labour market reforms in Greece introduced … flexibility that stabilized employment, especially among SME's. At the same time in spite of modest product market reforms the … increasing distortions of a tax system that overtaxes honest productive individuals and businesses, which are by definition more …
Persistent link: https://www.econbiz.de/10012987536
alternative productivity growth scenarios for the global economy, particularly for growth, labor markets and the flows of trade … importance of productivity-enhancing reforms and the first-mover benefits that can flow to economies which move closer to the …
Persistent link: https://www.econbiz.de/10012890306
investment inflows. Uncertainty over domestic and international economic policy adversely affects the international ow of goods …, services, and investment. When sunk costs are associated with acting, uncertainty about expected profits leads entrepreneurs to … organizations such as the World Trade Organization and agreements such as the North American Free Trade Agreement reduce policy …
Persistent link: https://www.econbiz.de/10012920550
This paper attempts to investigate the effect of FDI inflow and FDI outflow on the GDP of Bangladesh and India. For this purpose, we used panel data over the period of 2000-2019. First of all, we built our regression model from the basic regression model. The variables included in this model...
Persistent link: https://www.econbiz.de/10014237780
Imagine this: a mere century ago, the purchasing power of an average American was one-tenth of what it is today. But what will it take to sustain that growth through the next century? And what can be said about economic growth to aspiring nations seeking higher standards of living for their...
Persistent link: https://www.econbiz.de/10014050694
model unbalanced real wage growth causes unemployment and a decrease of domestic investment yields. Resulting low domestic … investment decreases capital stock growth and hence real GDP growth. The excess supply of domestic savings flows abroad, where …
Persistent link: https://www.econbiz.de/10014059104
This paper attempts to review the Overseas Filipino Worker (OFW) phenomenon through selected aspects of it - past and present trends, structural issues, and development context. While the OFW system appears to be beneficial to the county, it is overrated. It is unclear what policies were really...
Persistent link: https://www.econbiz.de/10014634591
The pre-eminence of trade and investment in the economic prosperity of developed and developing countries cannot be …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional … control variables are introduced in the model. Therefore, this study examines the role of trade and investment in the growth …
Persistent link: https://www.econbiz.de/10012023952