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Author : Klaus Walde
Publisher :
ISBN 13 : 9783642500350
Total Pages : 164 pages
Book Rating : 4.5/5 (3 download)
Download or read book Convergence, Divergence and Changing Trade Patterns written by Klaus Walde and published by . This book was released on 2014-01-15 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Klaus Wälde
Publisher : Springer Science & Business Media
ISBN 13 : 364250034X
Total Pages : 160 pages
Book Rating : 4.6/5 (425 download)
Download or read book Convergence, Divergence and Changing Trade Patterns written by Klaus Wälde and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. Introduction and overview Until still few years ago, economic growth theory (going back to Solow, 1956; for an introduction cf. Burmeister and Dobell, 1970) predicted convergence of both growth rates and level of per capita income of economies which share identical preferences, technologies and same population growth rates, independently of initial conditions. Countries with a low capital stock grow faster than those with a higher capital stock, until, in the long-run, they all converge to a common constant growth rate. This prediction is due to the way how growth is "explained" in models of this kind. Growth of output per capita resulted, in the simplest model, from an exogenous growth oflabour productivity (see e. g. Sala-i-Martin, 1990; Grossman and Helpman, 1991a, ch. 2). Si!1ce this increase of productivity is exogenously given, the model itselfdoes not give any explanation ofits source. The prediction ofconvergence ofgrowth rates, itself, is very doubtful and observations show, that on an international level either convergence is not given at all, or that it takes a very long time. The literature of the "new" theory of growth provides a rich variety of models whose theoretical implications range from divergence to convergence and thus offers much better working tools in order to analyze real world observations. These models (starting with Romer, 1986 and Lucas, 1988) explain growth of GNP or per capita income from within the model by includingexternal effects such as a public stock ofknowledge capital (e. g.
Author : Rachael Gibson
Publisher : Springer Nature
ISBN 13 : 303120557X
Total Pages : 221 pages
Book Rating : 4.0/5 (312 download)
Download or read book International Trade Fairs and Inter-Firm Knowledge Flows written by Rachael Gibson and published by Springer Nature. This book was released on 2023-01-02 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against a backdrop of economic uncertainty caused by a shift toward protectionism and the COVID-19 pandemic among other issues, this book suggests that international trade fairs (ITFs) represent a vital source of economic dynamism that can support national and regional economies by creating opportunities for firms to access new markets, network with key actors in their industry or value chain, and tap into valuable external knowledge flows regarding new technologies and innovations. Author Rachael Gibson argues that ITFs have become crucial nodes in the global political economy, driving global economic dynamics and mediating differences between capitalist economies regarding their technological and institutional practices and conditions. In this way, ITFs represent a decisive mechanism by which distinct national patterns of technological specialization may converge or diverge. Trade fairs represent important platforms for networking, interactive learning, and knowledge exchange because they foster intense interactions among actors despite spatial boundaries. ITFs also tend to be organized according to a specific technological or industry focus, which means that they can facilitate interactions between firms from different capitalist varieties. Through the diffusion of state-of-the-art knowledge, ITFs may, thus, serve as drivers of economic globalization, challenging the continuation of distinct capitalist varieties by enabling cross-system convergence regarding the technological specializations of firms. Yet, it is clear that countries have retained competitive advantages in specific industries and that full convergence has not taken place. This book explores this puzzle.
Author : Saul H. Hymans
Publisher :
ISBN 13 :
Total Pages : 10 pages
Book Rating : 4.:/5 (318 download)
Download or read book Divergence, Convergence, and the Gains from Trade written by Saul H. Hymans and published by . This book was released on 1995 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Adams
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 520 pages
Book Rating : 4.F/5 ( download)
Download or read book Economic Growth and Change written by John Adams and published by Edward Elgar Publishing. This book was released on 1999 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers global, national, and regional (subnational) patterns of economic growth from a comparative perspective in 16 papers from a June 1997 conference in Cagliari, Italy. They include discussions of the economic rise and decline of nations; research and development, technology, and economic growth; how much convergence has taken place in the inequality in regional and state per-capita incomes in the US; whether allocation matters in human capital and growth in the European regions; growth and sectoral dynamics in the Italian regions; and regional integration and public investment in Spain. Annotation copyrighted by Book News, Inc., Portland, OR
Author : Nagwa Riad
Publisher : International Monetary Fund
ISBN 13 : 1463973101
Total Pages : 87 pages
Book Rating : 4.4/5 (639 download)
Download or read book Changing Patterns of Global Trade written by Nagwa Riad and published by International Monetary Fund. This book was released on 2012-01-15 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.
Author : Robert Mitchell Stern
Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (221 download)
Download or read book Adaptions to Changing Trade Patterns in the Global Trading System written by Robert Mitchell Stern and published by . This book was released on 1988 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert Mitchell Stern
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.:/5 (318 download)
Download or read book Adaptation to Changing Trade Patterns in the Global Trading System written by Robert Mitchell Stern and published by . This book was released on 1988 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert Stehrer
Publisher :
ISBN 13 :
Total Pages : 29 pages
Book Rating : 4.:/5 (176 download)
Download or read book Industrial Diversity, Trade Patterns and Productivity Convergence written by Robert Stehrer and published by . This book was released on 2002 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Hagedoorn
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.3/5 (91 download)
Download or read book Technical Change and the World Economy written by John Hagedoorn and published by Edward Elgar Publishing. This book was released on 1995 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains papers from the 1992 MERIT Conference. Topics include general trends in international trade and investment; international corporate strategies and world-wide distribution; multi-contact, interfirm collusion diverging patent regimes; uneven technol
Author : Robert Stehrer
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (174 download)
Download or read book Technological Convergence and Trade Patterns written by Robert Stehrer and published by . This book was released on 2001 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Herbert Kitschelt
Publisher : Cambridge University Press
ISBN 13 : 9780521634960
Total Pages : 546 pages
Book Rating : 4.6/5 (349 download)
Download or read book Continuity and Change in Contemporary Capitalism written by Herbert Kitschelt and published by Cambridge University Press. This book was released on 1999-01-13 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early 1980s, many observers, argued that powerful organized economic interests and social democratic parties created successful mixed economies promoting economic growth, full employment, and a modicum of social equality. The present book assembles scholars with formidable expertise in the study of advanced capitalist politics and political economy to reexamine this account from the vantage point of the second half of the 1990s. The authors find that the conventional wisdom no longer adequately reflects the political and economic realities. Advanced democracies have responded in path-dependent fashion to such novel challenges as technological change, intensifying international competition, new social conflict, and the erosion of established patterns of political mobilization. The book rejects, however, the currently widespread expectation that 'internationalization' makes all democracies converge on similar political and economic institutions and power relations. Diversity among capitalist democracies persists, though in a different fashion than in the 'Golden Age' of rapid economic growth after World War II.
Author : Leonid Grinin
Publisher : Springer
ISBN 13 : 331917780X
Total Pages : 261 pages
Book Rating : 4.3/5 (191 download)
Download or read book Great Divergence and Great Convergence written by Leonid Grinin and published by Springer. This book was released on 2015-05-09 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new monograph provides a stimulating new take on hotly contested topics in world modernization and the globalizing economy. It begins by situating what is called the Great Divergence--the social/technological revolution that led European nations to outpace the early dominance of Asia--in historical context over centuries. This is contrasted with an equally powerful Great Convergence, the recent economic and technological expansion taking place in Third World nations and characterized by narrowing inequity among nations. They are seen here as two phases of an inevitable global process, centuries in the making, with the potential for both positive and negative results. This sophisticated presentation examines: Why the developing world is growing more rapidly than the developed world. How this development began occurring under the Western world's radar. How former colonies of major powers grew to drive the world's economy. Why so many Western economists have been slow to recognize the Great Convergence. The increasing risk of geopolitical instability. Why the world is likely to find itself without an absolute leader after the end of the American hegemony A work of rare scope, Great Divergence and Great Convergence gives sociologists, global economists, demographers, and global historians a deeper understanding of the broader movement of social and economic history, combined with a long view of history as it is currently being made; it also offers some thrilling forecasts for global development in the forthcoming decades.
Author : Dora Borbély
Publisher : Springer Science & Business Media
ISBN 13 : 3790817058
Total Pages : 221 pages
Book Rating : 4.7/5 (98 download)
Download or read book Trade Specialization in the Enlarged European Union written by Dora Borbély and published by Springer Science & Business Media. This book was released on 2006-09-21 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes trade specialization patterns in the enlarged European Union with a special focus on the new EU member states and the cohesion countries. Empirical findings on revealed comparative advantage and a broader picture of competitiveness on the single market are presented from a sectoral trade point of view. Further, the author analyzes whether trade specialization patterns converge within the enlarged EU.
Author : L. Nijs
Publisher : Springer
ISBN 13 : 1137535563
Total Pages : 317 pages
Book Rating : 4.1/5 (375 download)
Download or read book Neoliberalism 2.0: Regulating and Financing Globalizing Markets written by L. Nijs and published by Springer. This book was released on 2016-01-26 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's increasingly globalized environment, many economic fundamentals need to be reconsidered in order to regain stability in the global marketplace. One such consideration is the failing dynamics of the international tax infrastructure. Neoliberalism 2.0 brings a 21st century assessment of the Pigovian taxes, considering a completely new calibration of the international tax systems, inspired by the historically developed Pigovian tax model. The book considers the impact neoliberalism had and will have on regulatory infrastructure, democracy in an era of globalization and reduced legitimation of the national state. The Pigovian model brings home the often forgotten relationship between taxation (as a part of the regulatory sphere), macro-economics, and the political-philosophical context in which law and economics emerge. The model also takes into account the phenomena of globalization and financialization and is tested using the financial sector as an example. This book addresses the many challenges a Pigovian shift would imply for the sovereign and its national economies. Neoliberalism 2.0 demonstrates the ability to design a paradigm-changing alternative to the current tax infrastructure, while taking into account a low economic growth environment of the future, the implications of globalization and the changing relationship between citizens and their state.
Author : Matthew J. Slaughter
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (318 download)
Download or read book International Trade and Per Capita Income Convergence written by Matthew J. Slaughter and published by . This book was released on 1998 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper I analyze whether international trade contributes to per capita income convergence across countries. The analysis focuses on four important post-1945 multilateral trade liberalizations. To identify trade's effect on income dispersion, in each case I use a difference-in-differences' approach which compares the convergence pattern among the liberalizing countries before and after liberalization with the convergence pattern among randomly chosen control countries before and after liberalization. My main empirical result is that trade liberalization did not trigger convergence in any of the four cases. If anything, trade seems to have caused income divergence.
Author : Charlie Karlsson
Publisher : Edward Elgar Publishing
ISBN 13 : 1785360604
Total Pages : 481 pages
Book Rating : 4.7/5 (853 download)
Download or read book Geographies of Growth written by Charlie Karlsson and published by Edward Elgar Publishing. This book was released on 2017-06-30 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today we can observe an increasing spatial divide as some large urban regions and many more medium-sized and small regions face growing problems such as decreasing labour demand, increasing unemployment and an ageing population. In view of these trends, this book offers a better understanding of the general characteristics and specific drivers of the geographies of growth. It shows how these may vary in different spatial contexts, how hurdles and barriers to growth in different types of regions can be dealt with, how and to what extent resources in different areas can develop, and how the potential of these resources to stimulate growth can be realized.
