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general equilibrium model of the world which has externalities: each country invests in TFP and internalizes the dynamic … effects of its own investment, while treating other countries' investments as given. Average world growth is endogenous, as is …-run differences in TFP levels and that, in the long run, the world distribution of TFP across countries may be asymmetric, i.e., twin …
Persistent link: https://www.econbiz.de/10010320350
In this paper we use newly compiled top income share data to estimate common breaks and trends across countries over the twentieth century. By using the most re-cent structural breaks techniques, our approach both confirms previous notions and offers new insights. In particular, the division...
Persistent link: https://www.econbiz.de/10010320368
Since the sinking of the Titanic, there has been a widespread belief that the social norm of 'women and children first' gives women a survival advantage over men in maritime disasters, and that captains and crew give priority to passengers. We analyze a database of 18 maritime disasters spanning...
Persistent link: https://www.econbiz.de/10010320375
The Dispute Settlement (DS) system is a central feature of the World Trade Organization (WTO) Agreement. This …
Persistent link: https://www.econbiz.de/10010320413
Persistent link: https://www.econbiz.de/10010320461
This paper argues that the unprecedented acceleration of growth in the developing world in the new millennium in …
Persistent link: https://www.econbiz.de/10010320466
The purpose of this paper is to update the information on net food importing countries, using different definitions of food, separating countries by their level of income, whether they are in conflict and whether they are significant oil exporters. The study also estimates the changes in net...
Persistent link: https://www.econbiz.de/10010320516
This paper examines how trade liberalization affects the growth rate of employment in developed and developing countries. The estimation results imply that trade openness in the form of higher trade volumes has not been successful in generating jobs in developing countries. The overall weak,...
Persistent link: https://www.econbiz.de/10010320547
Earlier research showed that during the 1980s and 1990s most of the global agricultural trade expansion took place among the industrial countries and among countries within trade blocs. These were also periods of declining agricultural prices. These prices increased during the 2000s, there were...
Persistent link: https://www.econbiz.de/10010320554
Persistent link: https://www.econbiz.de/10010320626