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Regionalism is being explored by a wide variety of community players who include representatives from the public, private, and not-for-profit sectors (Dodge 1996, 1). Intermunicipal agreements, county service expansion, new region-wide special purpose governments, and multi-sector coalitions of...
Persistent link: https://www.econbiz.de/10009468616
Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity products. The countries that import the higher productivity intermediate products and capital equipments produced in the richer countries, however, derive benefits from knowledge...
Persistent link: https://www.econbiz.de/10009475909
the political economy of patent policy.What are the effects of blocking patents on R&D and consumption? To answer this … model to aggregate data of the US economy to quantify the inefficiency in the patent system. Under parameter values that … match key features of the US economy and show equilibrium R&D underinvestment, I find that eliminating blocking patents …
Persistent link: https://www.econbiz.de/10009476911
These are lecture notes for the article "Technological Progress and Economic Transformation," in the Handbook of Economic Growth, 2005, v. 1B, edited by Philippe Aghion and Steven N. Durlauf. Amsterdam: Elsevier North-Holland, pp. 1225-1273.
Persistent link: https://www.econbiz.de/10009483042
In this paper, we revisit the results from the influential study by Borensztein et al. (Journal of International Economics 45:115?135, 1998), which argues that inward foreign direct investment (FDI) promotes the economic growth in a less developed host country only when the host country obtains...
Persistent link: https://www.econbiz.de/10009484494
This paper aims to investigate the relationship between economic growth, institutional quality and financial development whitin a sample of middle-income countries. We generate three hypothesis on the potential relationships between those three dimensions by reviewing the existing literature and...
Persistent link: https://www.econbiz.de/10012523684
En este trabajo se analizan los efectos sobre la actividad económica derivados de mantener un nivel elevado de deuda pública por medio de simulaciones realizadas con modelos de equilibrio general dinámico estocástico (DSGE, por sus siglas en inglés). La fuerte acumulación de deuda pública...
Persistent link: https://www.econbiz.de/10012525030
Incluye bibliografía ; In this paper we provide an overview of the growth model in China and its prospects, taking a medium-run to long-run perspective. Our main conclusions are as follows. First, the still prevailing producer-biased model of managed capitalism in China tends to engender, as an...
Persistent link: https://www.econbiz.de/10012529582
One of the most striking features of the world economy is that wealthy countries are clustered together. This paper …
Persistent link: https://www.econbiz.de/10012530139
En 2007, los países de la periferia europea disfrutaban de un crecimiento estable, y défi cits fi scales y primas de riesgo reducidos. Sin embargo, la crisis fi nanciera global empujó a estas mismas economías a profundas recesiones, aumentando sus défi cits públicos y volúmenes de deuda...
Persistent link: https://www.econbiz.de/10012530360