Showing 1 - 10 of 52
This paper examines the impact of education, trade, governance and distance on technology diffusion and TFP in Latin America – specifically South America and Mexico (SAM) – and East Asia, over the 32 years preceding the Great Recession (1976–2007). Findings are: i) TFP rises with...
Persistent link: https://www.econbiz.de/10011744555
International migration is an important determinant of institutions, not considered so far in the development literature. Using cross-sectional and panel estimation for a large sample of developing countries, we find that openness to emigration (as measured by the natives' average emigration...
Persistent link: https://www.econbiz.de/10014000818
Migration is an important and yet neglected determinant of institutions.This paper investigates the effect of emigration on the quality of home-country institutions. Using consider cross-sectional as well as dynamic-panel regressions for a large sample of developing countries, we find that...
Persistent link: https://www.econbiz.de/10014000914
Persistent link: https://www.econbiz.de/10014001009
Migration is an important and yet neglected determinant of institutions. The paper documents the channels through which emigration affects home country institutions and considers dynamic-panel regressions for a large sample of developing countries. We find that emigration and human capital both...
Persistent link: https://www.econbiz.de/10014532894
Ability drain's (𝐴𝐷) impact on host countries is significant: 30 percent of US Nobel laureates since 1906 are immigrants, and they or their children founded 40 percent of Fortune 500 companies. The article first provides a detailed description of the multiple home country benefits...
Persistent link: https://www.econbiz.de/10015047224
Many developing countries depend crucially on open-access renewable natural resources (NR). Trade is generally viewed as hurting the long-term health of NR in commodity-exporting countries. I examine whether trade might be beneficial in the case of population growth. Dynamic general equilibrium...
Persistent link: https://www.econbiz.de/10015047308
Labor market integration raises welfare in the absence of distortions. This paper examines labor and goods market integration in a general equilibrium model with social capital. The findings are: i) labor market integration has an ambiguous impact on welfare, and raises it if the goods produced...
Persistent link: https://www.econbiz.de/10010261794
This paper examines the impact on TFP of North-South trade-related technology diffusion in Latin America and the Caribbean (LAC). North-South R&D flows are constructed based on industry-specific R&D in the North, North-South trade patterns, and input-output relations in the South. The main...
Persistent link: https://www.econbiz.de/10010261795
This paper considers the policy options of the West Bank and Gaza (WBG) with respect to trade and the exports of labor services. It concludes that i) a non-discriminatory trade policy (NDTP) is unambiguously superior to an FTA with Israel; ii) the WBG should pursue a NDTP with all its neighbors,...
Persistent link: https://www.econbiz.de/10010261796