Titlebook: Globalisation and Productivity Growth; Theory and Evidence Holger G?rg,David Greenaway,Richard Kneller Book 2005 Palgrave Macmillan, a divi

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Production, Innovation, and Disequilibrium,oth theoretical and empirical evidence demonstrating that greater openness results in better long-run economic performance, measured either in terms of higher per capita gross domestic product (GDP) or total factor productivity (TFP) growth. However, there are some researchers who remain sceptical i

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The Origins of ‘Keynesian’ Economicsrpreted as growth in total factor productivity (TFP), the joint productivity of a given bundle of inputs (e.g. capital and labour). Two ways in which a firm’s TFP can increase can be distinguished.. A firm might receive superior technical knowledge from other firms (`spillovers’), or it might develo

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Global Governance for Global Issues,xplanation for such a differential is that multinational affiliates enjoy firm-specific proprietary assets, which may be techno-logical or may be intangible factors such as organisational or brand name advantages, which gives the firm a productivity advantage over its domestic rivals. Indeed, the do

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https://doi.org/10.1007/978-3-642-92886-4ism (TPRM). What this established was a regular audit of trade policies of Members, with its frequency depending upon country size — from every two years for the United States, Japan and EU through to every seven years for countries like Vanuatu and Barbados. One of the key purposes of the TPRM is t

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https://doi.org/10.1007/978-3-642-49916-6he world economy in the last half-century and as in previous periods of integration is characterised by the simultaneous increase in both arms-length trade (exporting) and foreign direct investment (FDI). Table 9.1, using data from Obstfeld and Taylor (2003) and Maddison (2001), reports the value of

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