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作者:Puga, Diego; Trefler, Daniel
作者单位:Universidad Carlos III de Madrid; University of Toronto; University of Toronto; National Bureau of Economic Research; Canadian Institute for Advanced Research (CIFAR)
摘要:Increasingly, a small number of low-wage countries such as China and India are involved in incremental innovation. That is, they are responsible for resolving production-line bugs and suggesting product improvements. We provide evidence of this new phenomenon and develop a model in which there is a transition from old-style product-cycle trade to trade involving incremental innovation in low-wage countries. The model explains why levels of involvement in incremental innovation vary across low-...
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作者:Madsen, Jakob B.; Saxena, Shishir; Ang, James B.
作者单位:Monash University
摘要:Using over half a century of R&D data for India, this paper tests whether the second-generation endogenous growth theories are consistent with India's growth experience. Furthermore, the paper examines the extent to which growth in India can be explained by R&D activity, international R&D spillovers, catch-up to the technology frontier and policy reforms. The empirical results show that the growth in India over the past five decades has been driven by research intensity following the predictio...
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作者:Dustmann, Christian; Mestres, Josep
作者单位:University of London; University College London
摘要:In this paper we study the remittance behavior of immigrants and how it relates to temporary versus permanent migration plans. We use a unique data source that provides unusual detail on remittances and return plans, and follows the same household over time. Our data allows us also to distinguish between different purposes of remittances. We analyze the association between individual and household characteristics and the geographic location of the family as well as return plans, and remittance...
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作者:El Badaoui, Eliane; Strobl, Eric; Walsh, Frank
作者单位:Institut Polytechnique de Paris; Ecole Polytechnique; CY Cergy Paris Universite; University College Dublin
摘要:We show theoretically that when larger firms pay higher wages and are more likely to be caught defaulting on labor taxes, then large-high wage firms will be in the formal and small-low wage firms will be in the informal sector. The formal sector wage premium is thus just a firm size wage differential. Using data from Ecuador we illustrate that firm size is indeed the key variable determining whether a formal sector premium exists. (C) 2009 Elsevier B.V. All rights reserved.
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作者:Teles, Vladimir Kuehl; Zaidan, Marta
作者单位:Getulio Vargas Foundation
摘要:The goal of this paper is to evaluate the validity of the Taylor principle for inflation control in 12 developing countries that use inflation targeting regimes: Brazil, Chile, Colombia, Hungary, Israel, Mexico, Peru, Philippines, Poland, South Africa, Thailand and Turkey. The test is based on a state-space model to determine when each country has followed the principle; then a threshold unit root test is used to verify if the stationarity of the deviation of the expected inflation from its ta...