We study a model where economic growth is fueled by public basic-research investment and the importation of leading … benefits of stimulating growth through both channels. We establish the existence of steady states and the long-run share of … technologically advanced sectors in the economy. Then, we explore how different degrees of openness affect long-term incentives to …

size, openness and economic growth. In fact, more trade openness increases government size, which lays stabilizer role … and less incentives for large market to increase openness than the small markets. Finally, economic growth and government … openness from other side, where as per capita expenditure on public goods is lower, and large markets enjoy more productivity …

This study investigates the impact of openness on human capital in 112 countries worldwide in 2000-2019. An two … capital and its key determinants. The empirical results show that the impacts of openness vary greatly among different groups …-term development roadmap associated with human capital and openness expansion in less developed and emerging countries in years to come. …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

studies of the seventies and eighties under the auspices of OECD, NBER and World Bank. These studies played a critical role in … country regressions as a methodology of analysis of issues relating to growth, trade and other issues. Both proponents (e ….g. Sachs and Warner (1995)) and opponents (Rodriguez and Rodrik (1999)) of the view that openness to trade is linked to higher …

The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in … economic research in the past 20 years. The positive or negative growth effects of a countryś regulatory framework are …. Therefore, the two potential determinants to growth might be interlinked. So far there is very little empirical evidence on the …