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This paper investigates the influence of international openness on economic growth in a sample of 32 European economies. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however, broaden this standard approach and analyse not only...
Persistent link: https://www.econbiz.de/10011310256
This paper investigates the influence of international openness on economic growth in a sample of 32 European economies. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however, broaden this standard approach and analyse not only...
Persistent link: https://www.econbiz.de/10010346735
This dissertation was prepared by Jasmin Gröschl and is a collection of five self-contained empirical essays. They aim at contributing to the understanding of non-standard determinants of trade and migration: historical and cultural characteristics in the United States (Chapter 1),...
Persistent link: https://www.econbiz.de/10011744094
Natural disasters affect bilateral trade. We use this fact to generalize the instrumental variables strategy of Frankel and Romer (1999) to a panel setup. This allows revisiting an old question: Does openness cause per capita GDP? We work with a modified gravity framework in which we interact...
Persistent link: https://www.econbiz.de/10011048553
This paper investigates the influence of international openness on economic growth in a sample of 32 European economies. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however, broaden this standard approach and analyse not only...
Persistent link: https://www.econbiz.de/10011200086
We re-examine the great ratios associated with balanced growth models and ask whether they have remained constant over time. We first use a benchmark DSGE model to explore how plausible smooth variations in structural parameters lead to movements in great ratios that are comparable to those seen...
Persistent link: https://www.econbiz.de/10012909076
We re-examine the great ratios associated with balanced growth models and ask whether they have remained constant over time. Having first looked at whether Kaldor's stylised facts still apply to the UK data, we employ a nonparametric methodology that allows for slowly varying coefficients to...
Persistent link: https://www.econbiz.de/10012872112
This paper examines the development and drivers of total factor productivity (TFP) in the manufacturing sector for a panel of 17 EU countries over the period of 1995-2007. Recent panel data estimation techniques are used in a twofold approach. First, we estimate aggregated and sectoral TFP for...
Persistent link: https://www.econbiz.de/10010332615
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...
Persistent link: https://www.econbiz.de/10010277354
This dissertation was prepared by Jasmin Gröschl and is a collection of five self-contained empirical essays. They aim at contributing to the understanding of non-standard determinants of trade and migration: historical and cultural characteristics in the United States (Chapter 1),...
Persistent link: https://www.econbiz.de/10011698338