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 low share of labor. In the neoclassical growth model with partial capital mobility, physical capital's share in factor income determines the difference in the predicted convergence rates for open and closed economies. With a 60 percent share as in developing countries, the convergence rates should differ by a factor of about 2.5. My regression results 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 Paper |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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