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Die wirtschaftliche Integration verändert den Wachstumspfad der beteiligten Länder durch Skalen-, Faktorreallokations- und Faktorhandelseffekte. Während die oft stark betonten Skaleneffekte das Wachstum eindeutig fördern, können durch Handel ausgelöste Verschiebungen der sektoralen...
Persistent link: https://www.econbiz.de/10010485432
We revisit Western Europe’s record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and...
Persistent link: https://www.econbiz.de/10010745276
This study aims to examine the absolute and conditional convergence across the 27 EU Member States. To examine the absolute β convergence was used Baumol model (1986) estimated by OLS and Panel Data, and to examine the absolute σ convergence the Quah model (1993) by graphical analysis....
Persistent link: https://www.econbiz.de/10011167233
This research proposes that the geographical distance from the location of the pre-industrial technological frontier has a non-monotonic and persistent effect on development. While remoteness from this frontier diminished imitation, it fostered the emergence of a culture conducive to innovation...
Persistent link: https://www.econbiz.de/10010559833
The European Commission has set a target date of 2025 for Western Balkan EU accession, while also outlining a broader new strategy which includes Brussels taking a more active role in solving political disputes in the region, and upgrading infrastructure as part of the Berlin Process. We welcome...
Persistent link: https://www.econbiz.de/10012100229
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10005707953
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10005666914
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10005670485
The authors revisit Western Europe's record with labor-productivity convergence and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and...
Persistent link: https://www.econbiz.de/10010263335
The various channels through which a reduction in the cost of offshoring can improve wages in a developed country are by now well understood. But does a similar reduction in the offshoring cost also benefit workers in the world's factories in developing countries? Using a parsimonious...
Persistent link: https://www.econbiz.de/10011480815