This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and exports, and exploiting heterogeneous technology diffusion from immigrant communities in the United States for identification. The lat...

Cet article explore la question de soutenabilité du développement par le biais d’un tourisme différencié pour les petits États insulaires en (PEID). Nous testons manière empirique l’hypothèse selon laquelle seuil que nous trouvons dans relation entre spécialisation (la part PIB) et l’épargne véritable (mesure faible) est lié, lorsqu’il existe, aux différences stratégies tourisme, y compris à mo...

Tax havens are often connected to growth in tourism, as finance and tourism conveniently share infrastructural prerequisites. This paper addresses the detrimental impacts of a tax haven development strategy adopted by small open economies relation their industry. Utilizing synthetic control method, we find that since 2016 Panama Papers scandal, Panama’s exports have fallen relative an estimated...

Growth, Inequality and Poverty Relationships This paper examines the causal relationship between inequality and a number of macroeconomic variables frequently found in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the existing cross-country empirical evidence on the effects of inequality on growth and the extent to which the poorest i...

It is difficult to find, at a glance, a clear connection between corruption and the reform processes in the states of the former Soviet Union (FSU). The key to untangling this issue is to look at the peculiarities of their transition strategies and economic crisis compared with those of Central and Eastern European countries. This paper aims to unravel the complex ties between the transition pr...

Ambition and Jealousy: Income Interactions in the “Old” Europe versus the “New” Europe and the United States This paper asks how income distribution affects individual well-being and tries to explore the idea that this relation depends on the degree of mobility and uncertainty in the economy. It mostly concentrates on the relation between satisfaction and reference income (defined as the income...

Among the rich economies of the world today, per capita output levels had diverged before converging to the per capita output level of the frontier economy. Since frontier economies have grown at stable rates, non-frontier economies display an S-shape aggregate transition path. Along this transition, there are “catapult e¤ects”: longer episodes of divergence are associated with faster subsequen...

The human development index (HDI) is a measure of development which allows countries’ development to be assessed on the basis of three indicators that measure the health, education, and standard of living of the population. The UNDP also computes a human development index that excludes this last indicator, the non-income HDI. The HDI, like the non-income HDI, presents some striking intercountry...

Measured by per-capita publication measures, Sweden is an academic powerhouse. Hence, its inability to commercialize on these accomplishments is a puzzle. This paper attributes this failure to the top-down nature of Swedish policies aimed at commercializing these innovations as well as an academic environment that discourages academics from actively participating in the commercialization of the...