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Inequality, Openness, and Growth through Creative Destruction

Jäggi, Adrian; Schetter, Ulrich; Schneider, Maik T. - 2021

We examine how inequality and openness interact in shaping the long-run growth prospects of developing countries. To …. We show that inequality affects growth very differently in an open economy as opposed to a closed economy: If the economy … is close to the technological frontier, the positive demand effect of inequality on growth found in closed-economy models …

Persistent link: https://www.econbiz.de/10013244297

Technology Upgrading, Exporting and Heterogeneous Firms

Ferguson, Shon M. - 2011

Empirical evidence shows that R&D spending is highly correlated with firm productivity, highly concentrated among large firms, and responsive to trade liberalization. This paper develops a model of product upgrading with heterogeneous firms that captures these characteristics by allowing firms...

Persistent link: https://www.econbiz.de/10013129071

The March of the Techies : Technology, Trade, and Job Polarization in France, 1994-2007

Harrigan, James - 2016

techies in 2002 saw greater polarization, and grew faster, from 2002 to 2007. Offshoring reduced employment growth. Among blue …

Persistent link: https://www.econbiz.de/10012987341

The march of the techies : technology, trade, and job polarization in France, 1994-2007

Harrigan, James; Reshef, Ariell; Toubal, Farid - 2016

techies in 2002 saw greater polarization, and grew faster, from 2002 to 2007. Offshoring reduced employment growth. Among blue …

Persistent link: https://www.econbiz.de/10011485237

Arming in the global economy : the importance of trade with enemies and friends

Garfinkel, Michelle Robin; Syropoulos, Constantinos; … - 2019 - Current version: December 10, 2018

We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one's incentive to arm given the opponent's...

Persistent link: https://www.econbiz.de/10011966909

Arming in the Global Economy : The Importance of Trade with Enemies and Friends

Garfinkel, Michelle R. - 2019

Persistent link: https://www.econbiz.de/10012892081

International trade and stable resolutions of resource disputes

Garfinkel, Michelle Robin; Syropoulos, Constantinos - 2022

We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset ﬁrst arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states' military capacities, but...

Persistent link: https://www.econbiz.de/10013419332