Showing 51 - 60 of 33,970
This paper studies the origins and consequences of international technology gaps. I develop an endogenous growth model … theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries … innovation-dependence by industry from R&D and bilateral trade data. Calibrating the model implies technology gaps, due to cross …
Persistent link: https://www.econbiz.de/10012866618
Several scholars argue that high agricultural productivity growth can retard industrial development as it draws … resources towards the comparative advantage sector, agriculture. However, agricultural productivity growth can increase savings … productivity due to the adoption of genetically engineered soy in Brazil. We find that agricultural productivity growth generated …
Persistent link: https://www.econbiz.de/10012852833
This article presents a Ricardian model of trade with learning-by-doing to study the effect of barriers to trade in … products with low growth potential on the long-run economic growth. The model shows that, when elasticity of demand for the … the demand toward the product with a higher learning potential, thus enhancing economic growth in the exporter economy …
Persistent link: https://www.econbiz.de/10013059480
This article presents a Ricardian model of trade with learning-by-doing to study the effect of barriers to trade in … products with low growth potential on the long-run economic growth. The model shows that, when elasticity of demand for the … the product with a higher learning potential, thus enhancing growth in the exporter economy. Therefore, although with some …
Persistent link: https://www.econbiz.de/10012987335
This paper develops a three-sector economic growth model of a small open economy with imported goods and tariff. The … growth in a comprehensive framework. These models include Solow’s growth model, Uzawa’s two-sector growth model, the … neoclassical growth models of small-open economies, and the growth models with externalities, public good, and congestion. The …
Persistent link: https://www.econbiz.de/10010991444
-classical growth model with international trade in goods, that these two views can be reconciled. Natural inputs directly affect both … findings that point out that natural inputs are negatively related to growth. This paper shows, within a two-sector neo … long-run income and transitional growth. These two effects can be positive or negative depending on input elasticities …
Persistent link: https://www.econbiz.de/10010991672
This paper analyses the impact of public infrastructure on the competitiveness and growth of the Senegalese economy … increase in public infrastructure will improve the commercial performance, as well as the growth of the Senegalese economy …
Persistent link: https://www.econbiz.de/10010861446
of future industry growth, especially at horizons of a decade or more. This result holds both at the intensive as well as …
Persistent link: https://www.econbiz.de/10010942816
The post-war growth experiences of developing countries lead to the idea that income equality may accelerate economic … growth. In this paper, a theoretical model showed the possibility that equality makes a country human-capital abundant, which … enables industrialization and higher economic growth. On the other hand, in unequal developing countries where majority of …
Persistent link: https://www.econbiz.de/10005018399
There are two principal theories of why countries trade: comparative advantage and increasing returns to scale. Yet … structure and trade. We use a framework that nests an increasing returns model of economic geography featuring "home market …" effects with that of Heckscher-Ohlin. We employ these trade models to account for the structure of OECD manufacturing …
Persistent link: https://www.econbiz.de/10005357160