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Credit quantity and credit quality: Bank competition and capital accumulation

Cetorelli, Nicola; Peretto, Pietro F. - 2009

This paper shows that bank competition has an intrinsically ambiguous effect on capital accumulation and economic growth. We further demonstrate that banking market structure can be responsible for the emergence of development traps in economies that would otherwise be characterized by unique...

Persistent link: https://www.econbiz.de/10010283571

The role of technology and institutions for growth: Danish creameries in the late nineteenth century

Henriksen, Ingrid; Lampe, Markus; Sharp, Paul - 2011

We consider the relative contributions of changing technology and institutions for economic growth through the investigation of a natural experiment in history: the almost simultaneous introduction of the automatic cream separator and the cooperative ownership form in the Danish dairy industry...

Persistent link: https://www.econbiz.de/10012669351

Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10010262477

On the ICT Economy in the European Countries: Investigating the Contribution of the ICT Sectors Using the Input-Output Model

Rohman, Ibrahim Kholilul; Bohlin, Erik - 2010

performance in the European economies with a sectoral approach using the Input-Output (IO) methodology. The method measures the …

Persistent link: https://www.econbiz.de/10010304248

The impacts of port infrastructure and logistics performance on economic growth: the mediating role of seaborne trade

Munim, Ziaul Haque; Schramm, Hans-Joachim - In: Journal of Shipping and Trade (JST) 3 (2018) 1, pp. 1-19

contribution of seaborne trade, from a port infrastructure quality and logistics performance perspective. Investment in quality … infrastructure quality and logistics performance. Furthermore, analysis of a multi-group SEM is performed by dividing countries into … the quality of port infrastructure as it contributes to better logistics performance, leading to higher seaborne trade …

Persistent link: https://www.econbiz.de/10012217756

The Chaning Patterns of Investment in the PRC Economy

Holz, Carsten A. - 2017

The investment-intensive growth model of the People’s Republic of China (PRC) is often viewed as state-driven and ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns since 2003 and the potential impact of industrial...

Persistent link: https://www.econbiz.de/10011698651

The Changing Patterns of Investment in the PRC Economy

Holz, Carsten - 2017

The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns since 2003 and the potential impact of industrial...

Persistent link: https://www.econbiz.de/10012196398

The Finnish developmental state and its growth regime

Jäntti, Markus; Vartiainen, Juhana - 2009

This paper reviews Finland's growth strategy in the postwar decades. Finland was able to initiate an impressive mobilization of resources during this period, reflected mostly in a high rate of capital accumulation for manufacturing industries. This was achieved by an unorthodox combination of...

Persistent link: https://www.econbiz.de/10010273520

Pollution externalities in a Schumpeterian growth model

Koesler, Simon - 2010

This paper extends a standard Schumpeterian growth model to include an environmental dimension. Thereby, it explicitly links the pollution intensity of economic activity to technological progress. In a second step, it investigates the effect of pollution on economic growth under the assumption...

Persistent link: https://www.econbiz.de/10010301687

Analysis of pay inequality and its impacts on growth and performance in the Korean manufacturing industry

Kim, Yunhee; Lee, Jeong-dong; Heshmati, Almas - 2008

This paper examines the relationship between pay inequality, economic growth, and performance in Korea. Pay inequality … relationship with economic growth and performance. For the empirical results we use panel data on the Korean manufacturing sector …

Persistent link: https://www.econbiz.de/10010268960