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Industrial Development and the Convergence Question

Goodfriend, Marvin; McDermott, John - 2012

The paper studies endogenous world balanced growth equilibria in which national learning productivity differentials govern relative per capita products. Learning productivities depend on the national share of world specialized goods production, national and world scale, and familiarity with the...

Persistent link: https://www.econbiz.de/10014199179

Global Income Divergence, Trade and Industrializatiion : The Geography of Growth Take-Offs

Baldwin, Richard E. - 1998

phenomena - the industrialization and growth take-off of rich northern' nations, massive global income divergence, and rapid …

Persistent link: https://www.econbiz.de/10012472347

The Empirics of Economic Growth and Industrialization Using Growth Identity Equation

Liu, Tung - 2015

This study examines the determinants of economic growth and industrialization based on the Growth Identity Equation … from 164 countries from 1970 to 2010 our study examines and explains economic growth and industrialization with economic …, institutional, and other variables. We identify the causal variables for industrialization that are reflected in the structural …

Persistent link: https://www.econbiz.de/10013010114

A revival of budget deficit and economic growth

Mavodyo, Elisha - 2020

South Africa has experienced high budget deficits accompanied by sluggish economic growth over the years. Fears mount that such a trend may worsen due to the advent of the Covid-19. Yet, the effect of budget deficit on economic growth remains one of the widely debated topics in economics. This...

Persistent link: https://www.econbiz.de/10012437617

Technological integration as a catalyst for industrial development and economic growth

Christiansen, Bryan (ed.); Yüksel, Ülkü (ed.) - 2017

"This book covers issues which are broadly related to economic growth and sustainability in an era of global hyper competition and disruptive political events such as the recent Brexit vote in the United Kingdom. More specifically, it combines issues of economic growth and development and one of...