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former. The main factor in this relentless long-term depreciation is the loss of productivity in Mexico relative to the US …
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This document summarizes the thrust of my monograph book Disasters and the Networked Economy (2003, NY: Routledge. 228 pp. ISBN: 978-0-415-66629-9). It is no substitution for the book, but it attempts to make salient the main concepts, explanations and conclusions of it. It does so by first...
Persistent link: https://www.econbiz.de/10010339723
intermediate goods, did lead to faster growth in a manner consistent with theory. …
Persistent link: https://www.econbiz.de/10011294505
The 2008-2009 global recession, which originated in developed economies, has rapidly spilled over worldwide, hitting different economies with various intensity. The Macedonian economy was not an exception - the export sector suffered heavily, expectations deteriorated and household consumption...
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This study is a first contribution to prioritization across productivity determinant capabilities that attempts to …
Persistent link: https://www.econbiz.de/10011457783
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...
Persistent link: https://www.econbiz.de/10008702298
We consider a symmetric three-stage game played by a pair of regulator-firm hierarchies to capture the scale and technology effects. Each firm produces one good sold on the market. The production process generates pollution characterized by a fixed emission/output ratio, and cross-borders. Firms...
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