Add to ORKGComunicación presentada en el XXVII Simposio de Análisis Económico, Salamanca, 12-14 diciembre 2002.This paper investigates how a country’s specific-factors endowment affects its path of economic development. We carry out the analyses within an open economy version of the two-sector neoclassical growth model in which we introduce fixed industry-specific inputs. Our main finding is that under factor price equalization differences in input intensity across sectors can explain why nations that seem to have similar factor endowments can show very different income levels. In particular larger amounts of factors that are specific to the more capital (labor) intensive activity lead the economy to enjoy larger (smaller) long-run capital stocks and ...
Agriculture’s share of economic activity is known to vary inversely with a country’s level of develo...
Cross-country growth regressions have become an increasingly common tool in empirical development re...
Do openness and human capital accumulation promote economic growth? While intuition argues yes, the ...
Comunicación presentada en el XXVII Simposio de Análisis Económico, Salamanca, 12-14 diciembre 2002....
This paper investigates how a country's specific-factors endowment affects its long-run economic per...
This paper asserts that the endowments of production factors cause cross-country differences in GDP ...
This paper asserts that the accumulation of capital causes cross-country differences in GDP per capi...
This paper studies cross country differences in productivity from an open economy perspective by usi...
This paper shows, within a Heckscher-Ohlin version of the two-sector neoclassical growth model, that...
Cross-country growth regressions have become an increasingly common tool in empirical development re...
The purpose of this paper is to explain differences in the productivity of investment across 84 rich...
Why do some countries and regions have higher capital intensity than others? This question is at the...
In this paper we analyze the effects if two countries, with different settings on the labor market, ...
Development accounting literature usually attributes the observed cross-country variation in per cap...
The closed economy neoclassical growth model predicts convergence to a capital stock level that is i...
Agriculture’s share of economic activity is known to vary inversely with a country’s level of develo...
Cross-country growth regressions have become an increasingly common tool in empirical development re...
Do openness and human capital accumulation promote economic growth? While intuition argues yes, the ...
Comunicación presentada en el XXVII Simposio de Análisis Económico, Salamanca, 12-14 diciembre 2002....
This paper investigates how a country's specific-factors endowment affects its long-run economic per...
This paper asserts that the endowments of production factors cause cross-country differences in GDP ...
This paper asserts that the accumulation of capital causes cross-country differences in GDP per capi...
This paper studies cross country differences in productivity from an open economy perspective by usi...
This paper shows, within a Heckscher-Ohlin version of the two-sector neoclassical growth model, that...
Cross-country growth regressions have become an increasingly common tool in empirical development re...
The purpose of this paper is to explain differences in the productivity of investment across 84 rich...
Why do some countries and regions have higher capital intensity than others? This question is at the...
In this paper we analyze the effects if two countries, with different settings on the labor market, ...
Development accounting literature usually attributes the observed cross-country variation in per cap...
The closed economy neoclassical growth model predicts convergence to a capital stock level that is i...
Agriculture’s share of economic activity is known to vary inversely with a country’s level of develo...
Cross-country growth regressions have become an increasingly common tool in empirical development re...
Do openness and human capital accumulation promote economic growth? While intuition argues yes, the ...