Showing 1 - 10 of 348
This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It … uses (i) a time series approach where trade is defined in terms of aggregate outcomes, i.e., as the share of imports plus … exports in GDP, and (ii) a cross sectional approach, where trade is defined in terms of trade policy, i.e., as actual trade …
Persistent link: https://www.econbiz.de/10005264046
Are improvements in growth in Sub-Saharan Africa (SSA) since the mid-1990s sustainable? What types of growth strategies contribute the most to reducing poverty? This paper examines these questions in four stages. First, it explores the factors contributing to the post- 1995 improvement in...
Persistent link: https://www.econbiz.de/10005264160
-based real exchange rate and commodity terms of trade. The estimated impact of productivity growth differentials between traded …This paper employs newly constructed measures for productivity differentials, external imbalances, and commodity terms … of trade to estimate a panel cointegrating relationship between real exchange rates and a set of fundamentals for a …
Persistent link: https://www.econbiz.de/10005825636
measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the … Hicksian measure). The distinction between the two measures is important to the extent that trade patterns are inconsistent …
Persistent link: https://www.econbiz.de/10005825862
This paper investigates the impact of structural reforms on productivity growth. A panel analysis of 20 OECD countries … finds that the impact of structural reforms on productivity growth may be weak or negative in the short run, possibly due to … run, however, structural reforms are found to have significantly positive effects on productivity growth. …
Persistent link: https://www.econbiz.de/10005768737
This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000 … has a significant positive effect on productivity in the US, accounting for around 11 percent of productivity growth … during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller …
Persistent link: https://www.econbiz.de/10005768861
, openness to trade, and changes in employment protection--using a panel of 18 industrial countries over 1960-2000. Since most …
Persistent link: https://www.econbiz.de/10005769331
This paper argues that the empirical trade-growth relationship should be modelled using a dynamic panel data approach … than previous results. They confirm the existence of a strong causal effect of trade on growth but fail to find evidence … for trade as an independent factor of divergence. Hence, one cannot blame trade as such for the disappointing performance …
Persistent link: https://www.econbiz.de/10010294545
We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure …, institutional quality, colonial and geographic context, and trade preferences on the pattern of bilateral trade. We are interested … in threshold effects, and so emphasize those cases where bilateral country pairs do not actually trade. We depart from …
Persistent link: https://www.econbiz.de/10010294570
While most countries have harmonized intellectual property rights (IPR) legislation, the dispute about the optimal level of IPR-enforcement remains. This paper develops an endogenous growth framework with two open economies satisfying the classical North-South assumptions to study (a)...
Persistent link: https://www.econbiz.de/10010305986