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Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...
Persistent link: https://www.econbiz.de/10011575139
high-income countries matters and within the EU geographic proximity is a better technology diffusion channel than trade …
Persistent link: https://www.econbiz.de/10011575252
German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various … of positive and negative effects of trade/FDI on output activity for a system of interconnected regions. …
Persistent link: https://www.econbiz.de/10011535894
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Persistent link: https://www.econbiz.de/10011721715
Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade … liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to … size increases. As a result, increased market acces through trade liberalization can increase the demand for contract. Thus …
Persistent link: https://www.econbiz.de/10011478180
The paper analyses the national and regional European maritime clusters according to the sea basin division proposed by the European Union Integrated Maritime Policy: Atlantic and Arctic oceans; Baltic, Black, Mediterranean and North seas. Besides the identification of all maritime sectors by...
Persistent link: https://www.econbiz.de/10011480270
The article deals with the problem of West European and Nordic countries small economies as well as ultra-small autonomous territories of Alands and Faeroes island's development. The latter are considered as the <<competitive sub-peripheries> areas due to the special industrial organization development, stimulated by the...</<competitive>
Persistent link: https://www.econbiz.de/10011487059
We set out a small, open economy model of a city, one with local housing, government production and a non-traded good. We observe that a positive shift in labor productivity in the export sector generally results in a larger, higher-wage and more densely settled city. Production of the local...
Persistent link: https://www.econbiz.de/10011505819
any trade-off between fostering an equal distribution of productive factors and high economic growth which would result … Ottaviano, G. I. P. (2001). Global income divergence, trade, and industrialization: The geography of growth take-offs. Journal …
Persistent link: https://www.econbiz.de/10011575588