Technology is at the heart of economic growth. From historical accounts of how technological change since the Industrial Revolution has shaped economic development, to endogenous growth models, technology has been identified as a key ingredient of growth and economic transformation. While there has ...
Specific to the GTAP Standard model is the so-called global bank which distributes global savings to maximize expected returns to changes in the capital stock. This mechanism allows for endogenous changes in the balance of trade in simulations. Some of the default assumptions, such as no market power, can be relaxed in specific modules of CGEBox.
It suggests that a distinction between organic participation (endogenous efforts by civic activists to bring about change) and induced participation (large-scale efforts to engineer participation at the local level via projects) is key, and focuses on the challenges of inducing participation.
Food security and poverty reduction effects of agricultural technologies adoption − a multinomial endogenous switching regression application in rural Zimbabwe Food security and poverty reduction effects of agricultural technologies adoption − a multinomial endogenous switching regression application in rural Zimbabwe
10 Exceptions include Djankov, Freund, and Pham (2010), who invoke causal language after instrumenting trade delays with export times in neighboring countries, and Botero et al. (2004) and Djankov et al. (2003), who instrument two separate endogenous variables -- labor regulations and legal formalism, respectively -- with the same set of ...
In charts: 7 global shifts defining 2025 so far | World Economic Forum
Catch up on the key stories and developments shaping the financial world. Top stories: IMF flags weaker global growth as geopolitical risks intensify; Earnings season lifts big US banks’ profits; Korea markets rebound on foreign inflows. For more on the World Economic Forum's work in finance, visit the Centre for Financial and Monetary Systems.