Showing 1 - 10 of 315
India and Bangladesh have pursued policies of trade liberalization since the early 1990s. However, owing to the differential speeds of opening up, Bangladesh's bilateral trade deficit with India widened substantially over the years. This aggravated the economic and the political tensions between...
Persistent link: https://www.econbiz.de/10005278373
Persistent link: https://www.econbiz.de/10005692547
Persistent link: https://www.econbiz.de/10003681942
Persistent link: https://www.econbiz.de/10005492273
Persistent link: https://www.econbiz.de/10005397194
Neoclassical economists argue that competition promotes efficiency, but Schumpeter argues that it is monopoly rents that help entrepreneurs to invest in R&D. We investigate the overall effect of competition on total factor productivity growth (TFP) growth. We use rent, defined as the factor...
Persistent link: https://www.econbiz.de/10005127053
Persistent link: https://www.econbiz.de/10007673906
Persistent link: https://www.econbiz.de/10007913715
Persistent link: https://www.econbiz.de/10008878178
The authors propose a new measure of total factor productivity (TFP) growth in a general equilibrium setting. It measures by how much the efficiency frontier moves outwards given the availability of primary resources, the technology, and the structure of domestic final demand. Prices are...
Persistent link: https://www.econbiz.de/10005604743