Showing 71 - 80 of 157,924
This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach … than previous results. They confirm the existence of a strong causal effect of trade on growth but fail to find evidence … for trade as an independent factor of divergence. Hence, one cannot blame trade as such for the disappointing performance …
Persistent link: https://www.econbiz.de/10005800664
We estimate the effect of international trade on average labor productivity at the country level. Our empirical … approach relies on summary measures of trade that, we argue, are preferable on both theoretical and empirical grounds to the … one conventionally used. In contrast to the marginally significant and non-robust effects of trade on productivity found …
Persistent link: https://www.econbiz.de/10005772175
supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations … have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was …
Persistent link: https://www.econbiz.de/10005497925
This paper presents a two-countries dynamic model of Schumpeterian growth with two innovative R&D sectors in each country: a vertical R&D sector that improves the quality of existing differentiated products and a horizontal R&D sector that creates new differentiated products. The two countries...
Persistent link: https://www.econbiz.de/10005482019
We estimate the effect of international trade on average labour productivity across countries. Our empirical approach … relies on a summary measure of trade that, we argue, is preferable to the one conventionally used on both theoretical and … empirical grounds. In contrast to the marginally significant and non-robust effects of trade on productivity found previously …
Persistent link: https://www.econbiz.de/10005661691
Imports of goods that embody foreign technology raise a country's output directly, as inputs into production, and indirectly, through reverse-engineering of these goods which contributes to domestic imitation and innovation. This paper first quantifies spillovers from high technology imports...
Persistent link: https://www.econbiz.de/10014060678
progress, and trade in determining India's long run growth. This paper uses an improved growth accounting framework and ARDL … growth. Human capital has turned out to be the most important factor. Trade plays a facilitating role by making available …
Persistent link: https://www.econbiz.de/10010743786
environment that captures the effects of interregional and intersectoral trade in propagating disaggregated productivity changes … pairwise interregional trade across all 50 U.S. states, 26 traded and non-traded industries, labor as a mobile factor, and … matches the U.S. input-output matrix. Using data on trade flows by industry between states, as well as other regional and …
Persistent link: https://www.econbiz.de/10011027366
findings of this paper suggest a possible link between the recent global productivity slowdown and the global trade slowdown …
Persistent link: https://www.econbiz.de/10012977804
trade integration, which induced domestic producers to lower prices and increase their efficiency. Our findings suggest an … additional channel through which rising trade tensions and sluggish productivity could threaten real investment growth going …
Persistent link: https://www.econbiz.de/10012866217