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two-sector growth model, the Oniki-Uzawa trade model, and the neoclassical growth models in environmental economics. The …, economic structure, domestic and global division of labor, international trade and environmental change with transboundary … system. Our analysis provides some insights into the complexity of global economic growth with environment. For instance, the …
Persistent link: https://www.econbiz.de/10010470656
Persistent link: https://www.econbiz.de/10010399414
overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market …. 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
Persistent link: https://www.econbiz.de/10003947381
This paper aims to capture key features of the Ricardo-Viner (RV) and Heckscher-Ohlin (HO) theories in a single dynamic general equilibrium framework. We use a simple 2-sector 2-factor model with adjustment costs associated with the movement of capital across sectors. We analyze the economy's...
Persistent link: https://www.econbiz.de/10011864601
This study is an attempt to examine similarities and differences in the patterns of revealed comparative advantage (RCA) of India and China in the global market at different levels of classification. The study analyses whether RCAs of these economies have undergone any structural shift/change or...
Persistent link: https://www.econbiz.de/10013454335
This paper analyzes the effects of personal income tax progressivity on long-run economic growth, income inequality and … effects (lower GDP growth and lower income inequality); and welfare effects (lower dispersion of consumption across … individuals and higher leisure levels, but also lower growth of future consumption). The social discount factor proves to be …
Persistent link: https://www.econbiz.de/10010503356
continuity of the free trade agreement seems unnecessary. This work evaluates the path of growth of the productive system of the …'s trade surplus with him translates into loss of welfare and employment for its economy; from this point of view, the … made to its partners, however, the feedback of trade relations between the economies and with the rest of the world have …
Persistent link: https://www.econbiz.de/10012157372
different sectoral productivity growth rates. The model is capable of theoretically replicating the dynamics of structural …
Persistent link: https://www.econbiz.de/10012307242
domestic investment, trade openness, and infrastructure substantially stimulate growth in African countries. Nevertheless …This study examines the relationship between innovation and economic growth. More precisely, it seeks to check whether … unrelated regression (SUR) model indicate that GDP growth does not respond to local innovation in African countries. However, we …
Persistent link: https://www.econbiz.de/10014517026