Explaining cross-country differences in exporting performance: The role of country-level macroeconomic environment

2014 ◽  
Vol 23 (1) ◽  
pp. 246-259 ◽  
Author(s):  
Yong Yang ◽  
Sushanta Mallick
Keyword(s):  
Country Level ◽  
Country Differences ◽  
Cross Country ◽  
Macroeconomic Environment

scholarly journals Human Capital and the Wealth of Nations

2014 ◽  
Vol 104 (9) ◽  
pp. 2736-2762 ◽  
Author(s):  
Rodolfo E. Manuelli ◽  
Ananth Seshadri
Keyword(s):  
Human Capital ◽  
Demographic Variables ◽  
Factor Productivity ◽  
Rates Of Return ◽  
Capital Theory ◽  
Country Differences ◽  
Cross Country ◽  
Wealth Of Nations

We reevaluate the role of human capital in determining the wealth of nations. We use standard human capital theory to estimate stocks of human capital and allow the quality of human capital to vary across countries. Our model can explain differences in schooling and earnings profiles and, consequently, estimates of Mincerian rates of return across countries. We find that effective human capital per worker varies substantially across countries. Cross-country differences in Total Factor Productivity (TFP) are significantly smaller than found in previous studies. Our model implies that output per worker is highly responsive to changes in TFP and demographic variables. (JEL E23, I25, J24, J31, O47)

A Dialogue between a Populist and an Economist

2018 ◽  
Vol 108 ◽  
pp. 191-195 ◽  
Author(s):  
Tito Boeri ◽  
Prachi Mishra ◽  
Chris Papageorgiou ◽  
Antonio Spilimbergo
Keyword(s):  
Political Science ◽  
Economic Shocks ◽  
Simple Correlation ◽  
Country Level ◽  
Cross Country ◽  
Imaginary Dialogue

In this imaginary dialogue, a populist and an economist discuss the role of economic shocks to explain populism. A simple correlation between economic shocks and populism is weak. However, economic shocks can explain well the phenomenon of populism in countries with low pre-existent level of trust. This is confirmed both at the macro cross-country level and also by micro evidence obtained from surveys. Finally, this finding is consistent with the “ideational approach” in political science, which emphasizes how the populist narrative opposes the “corrupt elite” to the “virtuous people.”

scholarly journals Cross-Country Differences in Productivity: The Role of Allocation and Selection

2013 ◽  
Vol 103 (1) ◽  
pp. 305-334 ◽  
Author(s):  
Eric Bartelsman ◽  
John Haltiwanger ◽  
Stefano Scarpetta
Keyword(s):  
Heterogeneous Firms ◽  
Fixed Capital ◽  
Firm Level ◽  
Level Data ◽  
Firm Level Data ◽  
Country Differences ◽  
Cross Country

This paper investigates the effect of idiosyncratic (firm-level) policy distortions on aggregate outcomes. Exploiting harmonized firm-level data for a number of countries, we show that there is substantial and systematic cross-country variation in the within-industry covariance between size and productivity. We develop a model in which heterogeneous firms face adjustment frictions (overhead labor and quasi-fixed capital) and distortions. The model can be readily calibrated so that variations in the distribution of distortions allow matching the observed cross-country moments. We show that the differences in the distortions that account for the size-productivity covariance imply substantial differences in aggregate performance. (JEL D24, L25, O47)

scholarly journals Cross-Country Differences in Productivity: The Role of Allocation and Selection

2009 ◽  
Author(s):  
Eric Bartelsman ◽  
John Haltiwanger ◽  
Stefano Scarpetta
Keyword(s):  
Country Differences ◽  
Cross Country
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