Middle Eastern and North African (MENA) economies have had the highest degree of dependency on received remittances … developing countries. We examine the role of remittances in the trade balance of 11 labor-abundant MENA countries. Our panel … regression analysis shows that the inflow of remittances has had an increasing effect on trade deficits by triggering import …

households to examine the joint effect of migration and remittances on economic development. We apply the model to internal … migration in China. Counterfactual analysis of the calibrated model shows that the presence of remittances increases migration …

this "diaspora capital". …

An analytical framework is developed to study the repercussions between endogenous capital- and labor-saving technical … this framework aging increases the relative scarcity of labor with respect to capital. Therefore, there will be more labor …- and less capital-saving technical change. Unless there are contemporaneous knowledge spillovers across innovating firms …

capital damage and labour displacement, rather than productivity losses, are the primary channels through which flooding …

The elasticity of substitution between capital and labor features prominently in several areas of economic research …

This study provides some perspective on analyzing the effects of corporate taxation on capital formation. Our framework … impact on policy. The remainder of the paper focuses on the substitution elasticity between labor and capital. Several of the …

countries, 30 industries and 15 years reveals that trade openness in terms of intermediate and capital goods lead to economic …This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … output and global input output tables to construct the measures of trade openness, our empirical analysis covering 21 …

Imported capital goods, which embody skill-complementary technologies, can increase the supply of skills in developing … countries. Focusing on China and using a shift-share design, we show that city-level capital goods import growth increases the … model with these two mechanisms to examine the aggregate effects of capital goods imports, accounting for trade and …

the provided evidence we argue that this effect is channelled through "cultural remittances". …