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processes of trade and growth. Indeed, industrial policy seems to be back in fashion—or, at least, talking about it is. But a … renewed “activism” by government in the trade and growth agenda need not mean a return to old-style policies of import … private sector–led growth. This note discusses the renewed role of government in trade and growth policy from the …
Persistent link: https://www.econbiz.de/10008837676
Persistent link: https://www.econbiz.de/10009150128
has opposite e¡èects on economic growth, therefore trade stimulates economic growth in some circumstances, and hurts it in …We develop a knowledge-based growth model to address the issues of directed technological change, wage inequality and … economic growth, in which skilled workers are used both in innovation and production. Since skill-biased technological change …
Persistent link: https://www.econbiz.de/10009195469
foreign trade and direct investment regimes. In some network sectors, recent regulatory changes have significantly improved …
Persistent link: https://www.econbiz.de/10009195620
This paper underlines the influence of trade diversification on GDP per capita growth. Using methodologies developed by … confirm that trade diversification has a positive e↵ect on growth. However, this positive e↵ect of diversification tends to … geographic diversification: to implement economic growth, developing countries should extend exports of new products rather than …
Persistent link: https://www.econbiz.de/10010969009
sustained growth. Starting with a wide-ranging macroeconomic diagnosis, this monograph examines the strengths and … for competitiveness, labour market conditions and trade policy framework and performance. It also narrows the focus to …
Persistent link: https://www.econbiz.de/10010895474
This paper derives a convergence equation for a world integrated by trade. We find that factor price equalization … hold true both in neoclassical growth models and in endogenous growth models with human capital accumulation. The …
Persistent link: https://www.econbiz.de/10010900716
This paper examines the short-term and long-run dynamics between per capita GDP growth and openness for 158 countries … between openness and growth by including only growth rates and lagged values of the independent variable. Additionally, we … economic growth with a short-run adjustment to the deviation from the equilibrium for both directions of dependency. The long …
Persistent link: https://www.econbiz.de/10010902058
This study investigates the energy-growth-trade nexus in Pakistan by using the annual time series data for the period … growth in Pakistan. The present study may guide policymakers in formulating a conclusive energy and trade policies for … of 1973-2011. Our main results show: i) the presence of long-run link between energy consumption and trade performance …
Persistent link: https://www.econbiz.de/10010929414
sustained growth. Starting with a wide-ranging macroeconomic diagnosis, this monograph examines the strengths and … for competitiveness, labour market conditions and trade policy framework and performance. It also narrows the focus to …
Persistent link: https://www.econbiz.de/10010943497