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Globalisation, Multinational Companies and Emerging Markets

Haller, Alina - 2017

Globalisation, far from meeting esoteric meaning requirements – everybody's welfare –, created the conditions for a stronger and stronger presence of multinational companies, economic giants who did not avoid emerging markets, quite the contrary. The attraction of profit oriented the...

Persistent link: https://www.econbiz.de/10012952099

Margins, Gravity, and Causality : Export Diversification and Income Levels Reconsidered

Mau, Karsten - 2015

The paper shows that the relationship between GDP per capita and levels of specialization can be predicted differently depending on whether the intensive or the extensive margin is considered. It shows that at the extensive margin countries continuously diversify their exports and that...

Persistent link: https://www.econbiz.de/10013035961

Cross-Country Output Convergence and Growth : Evidence from Varying Coefficient Nonparametric Method

Li, Kui-Wai - 2016

among 120 world economies for the sample period of 1980-2010. The estimates show that the indirect contribution of initial …

Persistent link: https://www.econbiz.de/10012999621

Total factor productivity and income distribution : a critical review

Jeon, Yongbok (contributor) - 2007

productivity (TFP) as a measure of technological progress. Placing the focus on the role that the neoclassical distribution theory … marginal productivity theory of distribution through which factors' income shares are linked to their technological progress …. Second, it will be shown that the marginal productivity theory of distribution is based on extremely limited theoretical and …

Persistent link: https://www.econbiz.de/10003732781

Supplement to 'Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and The Distribution of Income'

Dabla-Norris, Era - 2020

This is the supplemental material to the paper titled "Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and The Distribution of Income." It includes additional theoretical and quantitative results. It also includes illustration for the numerical algorithm for our...

Persistent link: https://www.econbiz.de/10012844703

Economic growth and convergence during the transition to production using automation capital

Dujava, Daniel; Lábaj, Martin - 2019

This paper examines the implications of automation capital in a Solow growth model with two types of labour. We study the transition from standard production to production using automation capital which substitutes low-skilled workers. We assume that despite advances in technology, AI and...

Persistent link: https://www.econbiz.de/10012125628

Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and the Distribution of Income

Dabla-Norris, Era - 2020

A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium. We highlight, distinguish, and evaluate their differential impacts and rich interactions. The economic impact of financial inclusion...

Persistent link: https://www.econbiz.de/10012846881

Industrial Development and the Convergence Question

Goodfriend, Marvin - 2012

The paper studies endogenous world balanced growth equilibria in which national learning productivity differentials … govern relative per capita products. Learning productivities depend on the national share of world specialized …-goods production, national and world scale, and familiarity with the foreign economy. Familiarity indexes the extent to which imported …

Persistent link: https://www.econbiz.de/10013097478

Horizontal Innovation in the Theory of Growth and Development

Gancia, Gino - 2012

We analyze recent contributions to growth theory based on the model of expanding variety of Romer (1990). In the first … framework to the analysis of international technology diffusion, trade, cross-country productivity differences, financial …

Persistent link: https://www.econbiz.de/10012713370

Chapter 3 Horizontal Innovation in the Theory of Growth and Development

Gancia, Gino; Zilibotti, Fabrizio - 2005

We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990 … international technology diffusion, trade, cross-country productivity differences, financial development and fluctuations. In many …

Persistent link: https://www.econbiz.de/10014023784