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Growth effect of trade and investment in Sub-Saharan Africa countries : empirical insight from panel corrected standard error (PCSE) technique

Ikpesu, Fredrick; Vincent, Olusegun; Dakare, Olamitunji - In: Cogent economics & finance 7 (2019) 1, pp. 1-13

The pre-eminence of trade and investment in the economic prosperity of developed and developing countries cannot be overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market. However, very little is known about the...

Persistent link: https://www.econbiz.de/10012023952

Savings, Volume of Trade, and Growth

Osang, Thomas; Pereira, Alfredo M. - 1998

This paper develops a two-country dynamic general equilibrium model with endogenous growth to analyze the effects of international trade on steady state growth. The two countries differ both in preferences and in technologies. We show first, that both countries cannot simultaneously experience...

Persistent link: https://www.econbiz.de/10014074406

International Productivity Differences and Roles of Domestic Investment, FDI and Trade

Das, Gouranga Gopal; Nath, Hiranya K.; Yildiz, Halis Murat - 2013

This paper calculates Theil’s entropy index to measure the extent of productivity differences across 92 countries for … the period from 1970 to 2003. While there is evidence of increasing differences in productivity across these countries, we …. The results of our multivariate time series analysis also suggest that FDI increases productivity differences among low …

Persistent link: https://www.econbiz.de/10014153895

Productivity, Tradability, and the Long-Run Price Puzzle

Bergin, Paul R.; Glick, Reuven; Taylor, Alan M. - 2004

and productivity. A model with monopolistic competition, a continuum-of-goods, and endogenous tradability allows for … theory and history to be consistent for a wide range of underlying productivity shocks …

Persistent link: https://www.econbiz.de/10014070762

Are International R&D Spillovers Trade-Related? Analyzing Spillovers Among Randomly Matched Trade Partners

Keller, Wolfgang - 1997

In this paper, I analyze recent findings by Coe and Helpman (1995) of trade-related international R&D spillovers. I show generally that randomly created bilateral trade shares also give rise to large estimated international R&D spillovers; often, in fact, to larger estimated spillover effects...

Persistent link: https://www.econbiz.de/10014190059

Patterns and drivers of financial sector growth in the digital age : insights from a study of industrialized economies

Vu, Khuong; Asongu, Simplice - 2023

robust advancements in labor productivity. Next, the primary drivers of labor productivity growth and convergence across many … economies were driven by total factor productivity, labor quality, and digital transformation. Lastly, digital transformation … not only directly contributed to the augmentation of labor productivity, as quantified through growth accounting …

Persistent link: https://www.econbiz.de/10014339316

2008 Lawrence R. Klein lecture : comparative economic development ; insights from unified growth theory

Galor, Oded - 2009

This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...

Persistent link: https://www.econbiz.de/10003897830

2008 Lawrence R. Klein Lecture - Comparative Economic Development : Insights from Unified Growth Theory

Galor, Oded - 2009

Persistent link: https://www.econbiz.de/10014199587

Knowledge and Development : A Cross-Section Approach

Chen, Derek H.C; Dahlman, Carl J. - 2005

to increase by 0.11 percentage point. This paper - a product of the Global Knowledge and Learning Division, World Bank …

Persistent link: https://www.econbiz.de/10014068658

Technology Gaps, Trade and Income

Sampson, Thomas - 2019

where R&D efficiency varies across countries and productivity differences emerge from firm-level technology investments. The …

Persistent link: https://www.econbiz.de/10012866618