This North-South model of Schumpeterian endogenous growth combines a market, productivity and knowledge effect. A set of various convergent and divergent growth paths is derived that is much richer than in the…
We scrutinize the impact of international productivity gains (spillovers) induced by imports and exports on optimal tariffs. First, we solve a stylized 2x2 trade model of a large open economy and show that (a)…
We hypothesize that North-South trade is associated with knowledge spillovers that create labor productivity gains depending on various determinants of Southern absorptive capacity. We use the novel World…
Die Eisen- und Stahlindustrie emittiert einen bedeutsamen Teil der Kohlendstoffdioxidemissionen der Europäischen Union. Zudem ist der Sektor einer der größten Energieverbraucher. Dementsprechend ist die Eisen-…
To make predictions with theories, usually we assume an individual's characteristics such as uncertainty preferences to be stable over time. In this paper, we analyze the stability of ambiguity preferences…
