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productivity changes, endogenous aggregate saving rates, as well as time-varying input-output coefficients. Parameters for these … system of the standard GTAP model, uniform productivity growth, fixed saving rates and technology parameters, and no debt …
Persistent link: https://www.econbiz.de/10012920748
, differentiated industrial productivity growth, interest payments on foreign debt and time-varying input-output coefficients. To the … Socio-economic Pathway 3. GDP levels determine the endogenous productivity parameters. Population affects the definition of …
Persistent link: https://www.econbiz.de/10012918370
The purpose of this research is to estimate the dynamic impacts of foreign direct investments (FDI) and exports on economic growth in Peru (1970-2020) using annual series. Starting with the theoretical Mundell-Fleming static model with assumptions, we find that the change in exports does not...
Persistent link: https://www.econbiz.de/10013499178
This paper investigates the interactions among the Romanian industrial production, exports and imports after the adhesion to European Union. We employ monthly values testing for the Granger Causality between the variables in a Vector Autoregression framework. Our results indicate significant...
Persistent link: https://www.econbiz.de/10013047892
Persistent link: https://www.econbiz.de/10009523965
total factor productivity across countries …
Persistent link: https://www.econbiz.de/10013155234
The re-distribution of income from labour to capital, from workers to top-managers, and from low income households to the rich has been an important feature of financedominated capitalism since the early 1980s. After the Great Financial Crisis and the Great Recession in 2007-9, the recovery has...
Persistent link: https://www.econbiz.de/10011790517
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and empirical approaches have produced ambiguous results on sign and size of this relationship. Although there is a considerable part of the literature that considers inequality...
Persistent link: https://www.econbiz.de/10011349190
, costly adoption and spillovers from the world technology frontier. Despite its parsimonious parametrization, our empirical … ; Distance to Frontier ; Inappropriate Technologies ; Skill-biased Technical Change ; Productivity ; TFP differences …
Persistent link: https://www.econbiz.de/10009739171
, costly adoption and spillovers from the world technology frontier. Despite its parsimonious parametrization, our empirical …
Persistent link: https://www.econbiz.de/10014184424