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This paper discusses the channels between openness and productivity and trade hampering factors. The stylized facts …
Persistent link: https://www.econbiz.de/10008593005
This paper investigates the linkages between trade policy openness and economic growth for Pakistan for the period 1973 … to 2008. The paper tests the hypothesis that trade policy does not affect economic growth directly rather it affects … through some growth determining economic variables, which then effect economic growth. For this purpose a simultaneous system …
Persistent link: https://www.econbiz.de/10008531927
on economic growth is affected by wealth inequality. The results suggest (a) that opening to trade tends to accelerate … growth but (b) that the addition to growth depends inversely on the level of wealth inequality prior to opening. These … findings confirm the general importance for rapid growth in developing countries of reducing inequalities of opportunity. …
Persistent link: https://www.econbiz.de/10005034586
growth as it “opens up” is contingent upon its own peculiarities …
Persistent link: https://www.econbiz.de/10008869269
What explains Cambodia’s double digit growth in 2006, 2005, and 2004 of 11%, 13%, and 10%, respectively, despite … growth focused around two types of sectors in Cambodia: 1) Successful sectors such as garments in which the chapter seeks to …
Persistent link: https://www.econbiz.de/10008592954
“capital accumulation channel” and the “total factor productivity (TFP) growth channel”. This paper carries out the first …-induced” productivity improvement significantly enhance growth? And finally, what is the magnitude of the TFP growth channel compared to the … productivity. Most interestingly, our estimates suggest that this channel conveys the most important part of the growth …
Persistent link: https://www.econbiz.de/10011260337
The role of productivity in accelerating the pace of economic growth is well recognized in economic literature and this …
Persistent link: https://www.econbiz.de/10005079326
This paper studies the long and short-run relationship between oil exports, non oil GDP and investment in five major oil exporting countries. Its goal is to verify the effect of natural resources exports on the economic performance. It considers the effect of cross sectional correlations and...
Persistent link: https://www.econbiz.de/10005025719
This paper reviews the experience of sustained growth in Spain and those countries belonging to the G7 in light of … sources of growth over the extensive period of 1970-2001, and in particular the effects of both direct and indirect technical … United States showed a behavior that was influenced by new technologies, whereas in Spain the contribution of productivity to …
Persistent link: https://www.econbiz.de/10005040714
Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows that, at least in the case of the oil-importing developing countries, the negative effects have been overestimated. In fact, in some respects the oil...
Persistent link: https://www.econbiz.de/10005836490