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Lederman and Maloney examine the empirical relationships between trade structure and economic growth, particularly the influence of natural resource abundance, export concentration, and intra-industry trade. They test the robustness of these relationships across proxies, control variables, and...
Persistent link: https://www.econbiz.de/10005141436
The debate over the curse of natural resources has haunted developing countries for decades if not centuries. A review of existing empirical evidencesuggests that the curse remains elusive. The fragile negative effect of natural resources on economic growth might be due to international...
Persistent link: https://www.econbiz.de/10004989944
The authors rely on a series of growth accounting exercises to determine whether the growth rate of total factor productivity (TFP) or the unexplained portion of GDP growth (after controlling for the accumulation of capital per worker) in 18 Latin American and Caribbean economies has benefited...
Persistent link: https://www.econbiz.de/10005079667