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show can also largely explain differences in living standards across the world. Approaching the issue from a European … perspective, which like most of the Western world capitalist economies for a number of reasons has a very different economic … policies traditions than in many other parts of the world, we can see that the main hypothesis of the work can be confirmed …
Persistent link: https://www.econbiz.de/10012980643
This paper tried to examine the level of cointegration among various nations across the continents in regard to the globalisation. Also here attempt is made to analyse the nature of inter and intra continental variation in globalisation over time. The proximity and convergence over time in terms...
Persistent link: https://www.econbiz.de/10014177101
From the standpoint of policies, the different branches of economics may be aggregated into two categories: dirigiste and laissez fairist. Dirigiste theories in economics have been based primarily on the complexity of commodities: this allows commodities to be ranked according to the...
Persistent link: https://www.econbiz.de/10014157619
globalisation would harm the world's poorest inhabitants. Professor Calomiris, well known for his work on national and international …
Persistent link: https://www.econbiz.de/10014026087
Proposals for incorporating information on the quality of human, social, and environmental conditions in more authentic and comprehensive versions of the Gross National Product (GNP) or Gross Domestic Product (GDP) date back to the foundations of econometrics. Typically treated as external to...
Persistent link: https://www.econbiz.de/10014187122
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...
Persistent link: https://www.econbiz.de/10009376718
We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset … covering the period 1980-2003. We find that tourism countries grow significantly faster than all the other sub …-groups considered in our analysis. Tourism appears to be an independent determining factor for growth, and the reason for that is …
Persistent link: https://www.econbiz.de/10005049493
We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset … covering the period 1980-2003. We find that tourism countries grow significantly faster than all the other sub …-groups considered in our analysis. Tourism appears to be an independent determining factor for growth, and the reason for that is …
Persistent link: https://www.econbiz.de/10005392521
This paper examines the presence of sectoral convergence of labor productivity between 14 OECD countries. Using the OECD International Sectoral Data Base (ISDB), the paper looks at the developments within 12 distinct sectors during the period 1970-1995. The change of the coefficients of variance...
Persistent link: https://www.econbiz.de/10010316390
The paper bases itself on recent theoretical writings in growth economics that empha-size the effects of both own R&D efforts and of interregional technology spillovers on regions´ productivity. We propose robust estimation techniques to evaluate the R&D spillovers across West German functional...
Persistent link: https://www.econbiz.de/10010295614