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作者：Feenstra, RC; Madani, D; Yang, TH; Liang, CY
作者单位：University of California System; University of California Davis; National Bureau of Economic Research; The World Bank; Academia Sinica - Taiwan
摘要：We evaluate the endogenous growth hypothesis using sectoral productivity data and the product variety of exports for South Korea and Taiwan. We find that changes in relative export variety (entered as either a lag or a lead) have a positive and significant effect on total factor productivity (TFP) in nine of the 16 sectors, Seven out of these sectors are what we classify as secondary industries, in that they rely on and produce differentiated manufactures, and therefore seem to fit the idea of...
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作者：Dasgupta, D
作者单位：Indian Statistical Institute; Indian Statistical Institute Delhi
摘要：The paper constructs a model of endogenous growth where infrastructure acts as an accumulable stock generating a nonrival input service. Steady state growth paths are studied for Market and Command Economies. In the former, a final good is produced privately and, as in many developing economies, infrastructure accumulated on noncompetitive basis by the State. The Command Economy allocates resources by solving a grand optimization exercise. The transitionally stable steady growth rate for the M...
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作者：Peretto, PF
作者单位：Duke University
摘要：To account for the qualitative differences between developed and developing countries, this paper argues that the expensive in-house R&D that manufacturing firms undertake in advanced industrial economies cannot be supported in countries that are in the early stage of industrialization and do not have sufficiently large markets for manufacturing goods. Such economies grow as standard development models predict: by accumulating physical and human capital and increasing specialization by industr...
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作者：Gatsios, K; Hatzipanayotou, P; Michael, MS
作者单位：University of Cyprus; Athens University of Economics & Business; Aristotle University of Thessaloniki
摘要：This paper highlights the importance of the public finance aspects of international migration on wages and welfare. We construct a general equilibrium model of a labor-exporting (i.e., source) or of a labor-importing (i.e., host) country with identical consumers, producing many private traded goods and one public consumption good. Within this framework, it is shown that contrary to the existing literature, international migration may have adverse effects on wages and welfare in both countries,...
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作者：Karayalçin, C; Mitra, D
作者单位：State University System of Florida; Florida International University
摘要：We study a small open economy with two sectors and two factors of production, in one of the sectors, external economies of scale are generated through the industry-level capital input. This leads to a divergence between private and social production possibility frontiers as well as to multiple equilibria. The equilibrium selection problem that arises is solved by agents who follow a simple trial-and-error learning rule. The growth path of the economy as agents learn lies below the production p...
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作者：Laffont, JJ; N'Guessan, T
作者单位：Universite de Toulouse; Universite Toulouse 1 Capitole; Universite de Toulouse; Universite Toulouse 1 Capitole
摘要：The paper reconsiders the relationship between competition and corruption in a model, where corruption has solid informational foundations and where the regulatory response to the possibility of corruption is taken into account. It is shown that the effect of greater competition on corruption depends on the complementarity or substitutability of the two instruments available to decrease information rents, namely low powered incentives and greater competition. The paper concludes with a brief e...
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作者：Li, HG
作者单位：Hong Kong University of Science & Technology
摘要：An analysis of the production reports on a panel of state factories in Guangdong province, China, during 1980-1987, reveals very rapid TFP growth. By linking factory performance with local characteristics, we find that the overall market environment has a significant positive impact on the state factories. Even without privatization or similarly drastic reform measures, these factories show remarkable responsiveness to market incentives. Detailed examinations of labor force composition also in...
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作者：Diao, XS; Roe, T; Yeldan, E
作者单位：University of Minnesota System; University of Minnesota Twin Cities; United States Department of Agriculture (USDA); Ihsan Dogramaci Bilkent University
摘要：We introduce and explore a general equilibrium model with R&D-driven endogenous growth, whose antecedents are the models of Romer (1990) [Romer, P.M., 1990. Endogenous technological change. Journal of Political Economy, 98, S71-102] and Grossman and Helpman (1991) [Grossman, G.M., Helpman E., 1991. Innovation and Growth in the Global Economy, The MIT Press, Cambridge]. Utilizing evidence front recent econometric studies on sources of growth, the model also accounts explicitly for cross-border ...
