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A market-size-only theory of industrialization cannot explain why England developed nearly two centuries before China. One shortcoming of such a theory is its exclusive focus on producers. We show that once we incorporate the incentives of factor suppliers' organizations such as craft guilds,...
Persistent link: https://www.econbiz.de/10012916601
In a widely quoted paper-Bernard and Jones, AER December 1996-it is found that productivity in manufacturing does not show evidence of convergence across selected OECD countries. The main message in this comment is that the absence of convergence in manufacturing is not a robust finding. In...
Persistent link: https://www.econbiz.de/10014134504
economies. All data concerning GDP PPP per capita are drawn from the IMF World Economic Outlook Database 2011. The time coverage …
Persistent link: https://www.econbiz.de/10014147302
economies. All data concerning GDP PPP per capita are drawn from the IMF World Economic Outlook Database 2011. The time coverage …
Persistent link: https://www.econbiz.de/10014147303
This paper examines the role of sectors in aggregate convergence for 14 OECD countries during 1970-1987. The major finding is that manufacturing shows little evidence of either labor productivity or multifactor productivity convergence, while other sectors, especially services, are driving the...
Persistent link: https://www.econbiz.de/10014031250
Since globalisation accelerated in the early 1990s, income inequality has increased in most developed countries and in some middle-income countries, including China and India. Also, inequality has declined in most countries of Latin America and the Caribbean and in many Sub-Saharan African and...
Persistent link: https://www.econbiz.de/10013462042
Persistent link: https://www.econbiz.de/10014331965
The article provides an in-depth comparative legal analysis of the fundamental digital trade provisions in three modern trade agreements: the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CP-TPP), Regional Comprehensive Economic Partnership Agreement (RCEP), and Joint...
Persistent link: https://www.econbiz.de/10014347508
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