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This paper simultaneously explores the determinants of the developing countries' production frontier and these countries' 'efficiency' in using the available resources and technology. In doing so it allows for the transfer of (industrial country) technology in determining the frontier and for...
Persistent link: https://www.econbiz.de/10005224849
This paper investigates whether differences in absorptive capacity help to explain cross-country differences in the level of productivity. We utilise stochastic frontier analysis to investigate two potential sources of this inefficiency: differences in human capital and R&D for nine industries...
Persistent link: https://www.econbiz.de/10005232491
Persistent link: https://www.econbiz.de/10005355718
In this paper we consider whether the rate of growth following trade liberalisation differs significantly from growth in other developing countries. We find that it does not. Given this result we explore whether these growth effects are offset by changes in other policy variables, namely changes...
Persistent link: https://www.econbiz.de/10005292250
Persistent link: https://www.econbiz.de/10005306758
The 'compensation' and 'efficiency' hypotheses propose that globalization affects both the total, and composition of, public expenditures in different ways. Under the former, economic insecurity leads to expanding public sectors and social expenditures, whereas under the efficiency hypothesis,...
Persistent link: https://www.econbiz.de/10005311139
Persistent link: https://www.econbiz.de/10005202558
<link rid="b4">Bernard and Jones (1996)</link> have previously argued that similarity in the technologies used by firms in the service sector helps to explain evidence of absolute convergence at the cross-country level. This paper searches for convergence at the firm level using data for the UK service sector over...
Persistent link: https://www.econbiz.de/10005202784
Using data on UK manufacturing firms, we examine the effects of exchange rate uncertainty on firm decisions on export market entry and export intensity. The use of micro data and new measures of exchange rate uncertainty enable us to test for hysteresis effects in a new way and to test the...
Persistent link: https://www.econbiz.de/10009421156
In an endogenous growth model, the government officials are given the task of procuring public goods that are used as productive inputs in the production. Due to the information asymmetry between the government and the bureaucracy, the bureaucrats can falsely report of high quality-high cost...
Persistent link: https://www.econbiz.de/10009650339