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Global economy has shown a rising income inequality as well as increasing the influence of innovations. Economic theory of income inequality-innovation nexus and empirical evidence are counter intuitive. Therefore, the present study attempts to examine a comparative analysis of income...
Persistent link: https://www.econbiz.de/10014345339
This paper examines, within the new growth theory framework, the contribution of international technological spillovers using panel data for eleven Asian countries over the period 1970-93. A country's productivity growth is shown to depend not only on its domestic R&D investment but also on the...
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Globalization has dramatically transformed the world economy during the last quarter of 20th century and more vigorously in the first decade and a half in the 21st century. The most important characteristic of this phase of globalization is the rise of cross border flows of trade, investment,...
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COVID-19 pandemic being highly lethal has spread so swiftly across the globe that it has infected more than three million persons across 209 countries within a short time-span of 107 days since January 13, 2020. Given such situation, this paper examines differences across countries in terms of...
Persistent link: https://www.econbiz.de/10014090139
The recent phase of globalization has witnessed increasing influence of Asian countries in the global economy. This is supported by the rise of Asian firms and their increasing presence in economic activities across the globe through innovations in manufacturing. This paper attempts to trace the...
Persistent link: https://www.econbiz.de/10012997918
Emerging growth dynamism of Indian economy in rapidly globalising world is highly recognised and commented by a large body of researchers during the recent period. In fact, the Indian planning has made long concerted effort to develop strategic and competitive capabilities in the agents of...
Persistent link: https://www.econbiz.de/10015215680