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-led growth. Building on existing features of the supply side in post-Keynesian growth theory, three new developments are … in the theory of long-run growth, and the relationship between distribution and growth. Furthermore, the feminist macro …
Persistent link: https://www.econbiz.de/10014433729
The objective of this paper is to study the relationship between productive structure and economic performance at the subnational level in Argentina. Based on a dataset at the subnational level, we study the impact on economic growth of three types of productive patterns: i) productive...
Persistent link: https://www.econbiz.de/10015191307
Existing studies identify two major underlying mechanisms behind East and Southeast Asia’s miraculous economic performance in the past 5 decades: accumulation and technological catching-up. This study investigates empirically the relative importance of these two mechanisms in Asian development...
Persistent link: https://www.econbiz.de/10013328193
size of the world population. The theory yields a thesis, new in the literature, that the rate of global per capita GDP …
Persistent link: https://www.econbiz.de/10012303145
Growth and business cycles have a long tradition of being studied separately. However, events such as the Great Recession raise concerns that severe downturns may have detrimental implications for growth. If so, what policies may help alleviate such long-lasting effects of large recessions? To...
Persistent link: https://www.econbiz.de/10012594034
The authors develop an endogenous growth model that combines structural change with repeated product improvement. That is, the technologies in one sector of the model become not only increasingly capital-intensive, but also progressively productive over time. Application of the basic model to...
Persistent link: https://www.econbiz.de/10012551830
Technological advances of the fourth industrial revolution (4IR) threaten Southeast Asian countries’ industrialization model and expose its workforce to the risk of substitution. Using the Dynamic Pattern Synthesis method to ascertain how Southeast Asian countries are prepared to face these...
Persistent link: https://www.econbiz.de/10013334663
This study was motivated by the quest to investigate how the interaction between corruption and institutional quality affects Nigeria's economic performance by testing the validity of the "sand the wheels" and "grease the wheels" corruption hypothesis through the Barro-type endogenous growth...
Persistent link: https://www.econbiz.de/10013415841
Forschung & Entwicklung und Innovationen sind die Grundlage des modernen wirtschaftlichen Wachstums. Über den Außenhandel können Schwellenländer einerseits von Innovationen anderer Länder profitieren, andererseits besitzen sie aber in der Forschungstätigkeit selbst einen komparativen...
Persistent link: https://www.econbiz.de/10011934173
Some researchers have documented that the path of development is remarkably related to the pattern of sectoral diversification. Others have highlighted the relation between productive specialization and economic progress. This paper explores the role of product market competition and...
Persistent link: https://www.econbiz.de/10012551953