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productivity growth within the externalities type endogenous growth theory. The competitive equilibrium of our model indicates that …
Persistent link: https://www.econbiz.de/10009025320
Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010785251
This paper investigates the influence of international openness on economic growth in a sample of 32 European economies …. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however … empirical analysis we use the TSLS (two stage least squares) estimator, whereby in the first step we use the standard growth …
Persistent link: https://www.econbiz.de/10011310256
the current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of … with considerable impacts of exports to EDE and AdE, exports to China have limited effects on the growth of its partners …. However, the recent financial crisis marks a turning point of China's role as a major driver of growth in the South. Namely …
Persistent link: https://www.econbiz.de/10012120814
current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of macro panel … with considerable impacts of exports to EME and AdE, exports to China have limited effects on the growth of its partners …. However, the global financial crisis marks a turning point of China's role as a major driver of growth in the South. Namely …
Persistent link: https://www.econbiz.de/10012211625
approach to investigate whether trade openness has spurred economic growth in Uganda. The extant literature shows that trade … openness increases economic growth, but this empirical evidence remains contested. Our empirical results on the long … growth. Except for the use of exports to measure trade openness, using openness index and imports to proxy for trade openness …
Persistent link: https://www.econbiz.de/10014001578
This paper investigates the influence of international openness on economic growth in a sample of 32 European economies …. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however … empirical analysis we use the TSLS (two stage least squares) estimator, whereby in the first step we use the standard growth …
Persistent link: https://www.econbiz.de/10010346735
This paper discusses some puzzles in the contemporary macroeconomic scene in India, from the perspective of public finance and economic development. These include a fiscal deficit higher than it was during the 1991 crisis, but without a large current account deficit or rise in inflation or...
Persistent link: https://www.econbiz.de/10011520530
approach to investigate whether trade openness has spurred economic growth in Uganda. The extant literature shows that trade … openness increases economic growth, but this empirical evidence remains contested. Our empirical results on the long … growth. Except for the use of exports to measure trade openness, using openness index and imports to proxy for trade openness …
Persistent link: https://www.econbiz.de/10013184444
current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of macro panel … with considerable impacts of exports to EME and AdE, exports to China have limited effects on the growth of its partners …. However, the global financial crisis marks a turning point of China’s role as a major driver of growth in the South. Namely …
Persistent link: https://www.econbiz.de/10012209723