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Advancing India’s Structural Transformation and Catch-up to the Technology Frontier

Alonso, Cristian - 2024

While India’s growth has been strong in recent decades, its structural transformation remains incomplete. In this paper, we first take stock of India’s growth to date. We find that economic activity has shifted from agriculture to services, but agriculture remains the predominant employer....

Persistent link: https://www.econbiz.de/10015080244

Elasticity Optimism

Fund, International Monetary - 2009

In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate...

Persistent link: https://www.econbiz.de/10012677518

Geopolitics and International Trade: The Democracy Advantage

Cevik, Serhan - 2024

Do political regimes determine how geopolitics influence international trade? This paper provides an empirical answer to the question by analyzing the joint impact of democracy and geopolitical distance between countries with an augmented gravity model of bilateral trade flows and an extensive...

Persistent link: https://www.econbiz.de/10015058709

International Trade Spillovers from Domestic COVID-19 Lockdowns

Aiyar, Shekhar - 2022

While standard demand factors perform well in predicting historical trade patterns, they fail conspicuously in 2020, when pandemic-specific factors played a key role above and beyond demand. Prediction errors from a multilateral import demand model in 2020 vary systematically with the health...

Persistent link: https://www.econbiz.de/10015060337

Rising Income Inequality : Technology, or Trade and Financial Globalization?

Papageorgiou, Chris - 2008

We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting...

Persistent link: https://www.econbiz.de/10014409050

Economic Transformation, Population Growth, and the Long-Run World Income Distribution.

Chamon, Marcos - 2006

Intro -- Contents -- I. INTRODUCTION -- II. THE MODEL -- A. Evolution of the World Population -- B. Differences Across …

Persistent link: https://www.econbiz.de/10012691055

Productivity Growth, Technological Convergence, R and D, Trade, and Labor Markets : Evidence from the French Manufacturing Sector

Khan, Tehmina S. - 2006

Contents -- I. INTRODUCTION -- II. THEORETICAL LITERATURE AND EMPIRICAL EVIDENCE -- III. THEORETICAL MODEL -- IV. DATA SOURCES AND VARIABLE CONSTRUCTION -- V. ESTIMATION METHODOLOGY AND RESULTS -- VI. CONCLUSIONS -- APPENDIXES

Persistent link: https://www.econbiz.de/10012682183

Convergence in Emerging Europe

Vamvakidis, Athanasios - 2008

The emerging European economies have been converging rapidly towards the more advanced European economies in recent years. However, large external imbalances in parts of the region have raised questions about sustainability and concerns about vulnerabilities. Empirical evidence in this paper...

Persistent link: https://www.econbiz.de/10012677624

Growth Convergence and Public Finances of India and its States

Govil, Rajan - 2024

Lack of convergence in per capita income across Indian states requires greater resources for lower-income states for investment and improved public services. Central and state governments need to raise revenue (both tax and non-tax), dismantle the administered pricing mechanism, reduce...

Persistent link: https://www.econbiz.de/10015328400

Life Expectancy and Income Convergence in the World : A Dynamic General Equilibrium Analysis

Ueda, Kenichi - 2008

There is world-wide convergence in life expectancy, despite little convergence in GDP per capita. If one values longer … life much more than material happiness, the world living standards may this have already converged substantially. This … among countries. A conventional GDP-based measure remains a good approximation for (non) convergence in world living …

Persistent link: https://www.econbiz.de/10014409039