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This study focuses on the relationships between export performance, marketing services and technological differences between industries in Malaysia. The maintained hypothesis of this study is that performance of marketing services is a crucial determinant to successful penetration of the export...
Persistent link: https://www.econbiz.de/10005500859
A simple two-sector endogenous growth model of government spending and growth is developed with a producing and a lobbying sector. Lobbyists divert government spending for private gains. One key innovation is this: With democratization, information (and power) becomes more diffused (public),...
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Growth in US agriculture is linked to the non-farm economy through domestic terms of trade and factor market adjustments. With almost stable input growth, the relatively large contributions from growth in Total Factor Productivity (TFP) are off-set by declining real prices of primary farm...
Persistent link: https://www.econbiz.de/10005493526
The implications of environmental externalities are studied within three classes of endogenous growth models viz. the linear technology models, the human capital models, and the R&D and innovation models. The long-run rate of economic growth changes when environmental extemalities are introduced;...
Persistent link: https://www.econbiz.de/10005493528
Current projections indicate that by 2025, water scarcity will affect over one quarter of the world’s population. This suggests that the need to manage water more efficiently will become more pressing during the next few years as the demand for water increases along with the expansion of...
Persistent link: https://www.econbiz.de/10005070364
This paper develops a metric of structural transformation that can account for the production of new varieties of goods embodying advancements in technological know-how and design. Our measure captures the dynamics of an economy’s transformation and can be viewed as an extension of the static...
Persistent link: https://www.econbiz.de/10005060731
We investigate the dynamics of nonrenewable resource abundance on economic growth and welfare in a two-country world. One country is endowed with a nonrenewable-resource, otherwise, countries are identical, except possibly for their initial endowments of capital. Unlike previous studies...
Persistent link: https://www.econbiz.de/10005060734