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This book analyzes the dynamic macroeconomic effects of public capital in industrialized countries. The issue of whether public capital is productive has received a great deal of recent attention. Yet, existing empirical analyses have been limited to a small set of countries. This book presents...
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This paper introduces the Geographic Macro and Regional (GMR) model for NUTS-2 regions of the Euro zone. This model consists of three blocks: the TFP, the SCGE and the MACRO blocks. The model is built for impact analysis of policies targeting intangible assets in the forms of R&D, human capital...
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the low labor-productivity growth in the African nations-without reinventing the wheel by estimating the impact of … preferential access trade agreement--the ricochet effect of the trade-induced productivity benefits via intermediates in the … Analysis Project (GTAP) with 27 sectors and 51 regions. The paper shows: (i) role of trade-mediated productivity benefits for …
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