Showing 11 - 20 of 560
This paper develops a quantitative, multi-country model of endogenous growth, international trade, and international knowledge flows in order to understand how access to both foreign products and technologies, together, influences innovation incentives and the world distribution of income. An...
Persistent link: https://www.econbiz.de/10010775239
Standard growth models require large differences in barriers to capital accumulation to reproduce the observed disparities in the wealth of nations. I introduce technology adoption and schooling decisions into a standard growth model and show that the required differences in barriers implied by...
Persistent link: https://www.econbiz.de/10010785272
There are two opposite views regarding whether stronger protection of intellectual property rights (IPRs) will benefit or hurt the South. We provide a unification using a model of directed innovations with identical but non-homothetic preferences. For the South, a major benefit of protecting...
Persistent link: https://www.econbiz.de/10010786549
This paper analyzes, in a linear market with two adjacent countries, how firm location and optimal plant size depend on differences in the quality of infrastructures and income levels between countries. The study considers also how a free trade agreement may change, in this context where...
Persistent link: https://www.econbiz.de/10010991727
From 1960 to 2003, Turkey has underperformed relative to several Western economies, in terms of hours worked and output per hour. Our sectoral analysis illustrates two points. First, Turkey's large drop in hours is due to the fact that the substantial decline in agricultural hours has not been...
Persistent link: https://www.econbiz.de/10004985607
Can the initial distribution of land, in a country's early history, affect its subsequent economic development? In this paper, I show that when land ownership is sufficiently concentrated, the landed elite will lobby the government to raise barriers to industrialization in order to protect its...
Persistent link: https://www.econbiz.de/10005091024
China’s rapid and uneven growth since 1978 has not eliminated but even re- inforced the persistent income inequality across provinces. While existing literature focuses mainly on the provincial variation in growth performance using cross-province growth regressions or growth accounting, few...
Persistent link: https://www.econbiz.de/10005016642
This paper studies the barriers to the diffusion of development across countries over the very long-run. We find that genetic distance, a measure associated with the amount of time elapsed since two populations' last common ancestors, bears a statistically and economically significant...
Persistent link: https://www.econbiz.de/10005666850
This paper presents an overview of the economy of Hungary. The paper highlights that during the Fifth Five-Year Plan (1976–80), actual growth rates for almost all major plan aggregates remained below the targets. The lower targets set for the increase in both consumption and investment in...
Persistent link: https://www.econbiz.de/10005590940
The central challenges facing the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, and Slovenia as they work to catch up to advanced European Union (EU) income levels are discussed in this new book. Focusing on the region’s growth performance, and outlining two...
Persistent link: https://www.econbiz.de/10005767378