Globalization and productivity growth
by Kneller, Richard, Görg, Holger, Greenaway, David
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Type: Book
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Globalization and productivity growth
by Kneller, Richard, Görg, Holger, Greenaway, David
0
Type: Book
Productivity growth is vital for wealth creation. It is fashioned by a number of factors including international trade and foreign direct investment. This volume examines the nature of the links between the globalisation process and productivity growth whilst including empirical…
Examines the nature of the links between the globalization process and productivity growth, such as how exporting and productivity interact, the relevance of ownership, and potential spillovers from multinational firms to indigenous firms.
Growth models contain strong predictions regarding the effect of fiscal policy on the steady state growth path. Fiscal policies have no effect on the steady state growth rate in the neoclassical model whereas fiscal policy does feature in the steady state of endogenous growth mo…