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International Specialization and the Return to Capital

Batista, Catia - 2010

How does factor accumulation affect the pattern of international specialization and returns to capital? We provide a new integrated treatment to this question using a panel of 44 developing and developed countries over the period 1976-2000. We confirm the Heckscher-Ohlin prediction that, with...

Persistent link: https://www.econbiz.de/10013148352

The Solow Model in the Empirics of Growth and Trade

Gundlach, Erich - 2010

Translated to a cross-country context, the Solow model (Solow, ) predicts that international differences in steady-state output per person are due to international differences in technology for a constant capital output ratio. However, most of the empirical growth literature that refers to the...

Persistent link: https://www.econbiz.de/10012716218

Growth, Conventional Production and Tourism Specialisation : Technological Catching-Up Versus Terms-of-Trade Effects

Valente, Simone - 2012

This paper extends the 'expanding-varieties' growth model in a two-countries-two-goods setup, and describes the dynamics of growth rates and terms of trade when the industry-based economy is the innovation leader, while the tourism-based economy is the follower (i.e. increases the number of...

Persistent link: https://www.econbiz.de/10014061185

Religion and growth

Becker, Sascha O.; Rubin, Jared; Woessmann, Ludger - 2023

work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …

Persistent link: https://www.econbiz.de/10014391202

Religion and growth

Becker, Sascha O.; Rubin, Jared; Woessmann, Ludger - 2023

work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …

Persistent link: https://www.econbiz.de/10014383297

Does trade cause long-run development? : theory and evidence from countries behind the Suez channel

Gerritse, Michiel - 2015 - Preliminary

Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...

Persistent link: https://www.econbiz.de/10011478180

Regulation, Trade and Economic Growth

Koeniger, Jens - 2015

The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in economic research in the past 20 years. The positive or negative growth effects of a country's regulatory framework are amplified by economic integration, which makes factors...

Persistent link: https://www.econbiz.de/10013018812

Trade and Economic Growth : A Re-Examination of the Empirical Evidence

Busse, Matthias - 2012

While trade integration is often regarded as a principal determinant of economic growth, the empirical evidence for a causal linkage between trade and growth is ambiguous. This paper argues that the effect of trade in dynamic panel estimations depends crucially on the specification of trade....

Persistent link: https://www.econbiz.de/10013110278

The World Income Distribution

Acemoglu, Daron; Ventura, Jaume - 2003

leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns … cross-sectional behavior of the world economy is similar to that of existing exogenous growth models: Cross … exhibit conditional convergence as in the Solow-Ramsey model. The dispersion of the world income distribution is determined by …

Persistent link: https://www.econbiz.de/10014139207

Trade, technology and human capital : stylised facts and quantitative evidence

Das, Gouranga Gopal - In: The world economy : the leading journal on … 25 (2002) 2, pp. 257-281

Persistent link: https://www.econbiz.de/10001648126