Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/901
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dc.contributor.authorGundlach, Erichen_US
dc.date.accessioned2009-01-28T14:16:44Z-
dc.date.available2009-01-28T14:16:44Z-
dc.date.issued1996en_US
dc.identifier.urihttp://hdl.handle.net/10419/901-
dc.description.abstractOpenness appears to have a strong impact on economic growth especially in DCs,which typically exhibit a high share of physical capital in factor income and a lowshare of labor. In the neoclassical growth model with partial capital mobility, physicalcapital's share in factor income determines the difference in the predicted convergencerates for open and closed economies. With a 60 percent share as in developingcountries, the convergence rates should differ by a factor of about 2.5. My regressionresults for a sample of open and closed DCs roughly confirm this hypothesis.en_US
dc.language.isoengen_US
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen_US
dc.relation.ispartofseries|aKiel Working Papers |x749en_US
dc.subject.jelO41en_US
dc.subject.ddc330-
dc.titleOpenness and economic growth in developing countriesen_US
dc.typeWorking Paperen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:ifwkwp:749-
dc.identifier.printppn213892510en_US

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