This paper develops a dynamic general equilibrium model to explore industrial evolution and economic growth in a closed developing economy. The authors show that industries will endogenously upgrade toward the more capital-intensive ones as the capital endowment becomes more abundant. The model...

Economists have long debated whether the real exchange rate (RER) has a significant impact on export performance and output growth. Some claim that export performance depends only on nonprice competition and the RER is irrelevant to long-run growth, whereas others argue that the RER is a key...

The paper aims to analyse structural changes in foreign trade based on systematic statistical data as a factor of competitiveness of the Republic of Serbia. First, contemporary tendencies in international trade are analysed, where the value and volume of world trade are monitored, as well as key...

In response to rising inequality following decades of trade liberalization, many countries are adopting trade restrictions. Can temporary trade restrictions have long-lasting effects on the spatial distribution of employment and resource allocation? To analyze this, this paper exploits the civil...

Development depends on a nation's ability to produce sophisticated goods, making economic complexity crucial. Considered as an ecological sophistication of technological, social, and cultural factors, ecological structural change, the core of Green New Developmentalism, can address environmental...

The impact of economic geography both within and beyond the wider field of geography has been constrained in the past by its own limitations. Drawing together the work of several eminent geographers this superb collection assesses the current state of knowledge in the sub discipline and its...

Creating the competitiveness of voivodeships is a difficult and complicated process; the effect is a specific competitive position against the background of compared regions. This study complements the literature on the subject and presents a new perspective that presents a fuller and more...

Die technologische Überlegenheit der marktwirtschaftlichen Volkswirtschaften gegenüber den ehemaligen Planwirtschaften Osteuropas legt den Gedanken nahe, daß technischer Fortschritt keine planbare Größe sein kann, sondern das Produkt individuellen Wettbewerbsverhaltens sein muß. In der...