Structural Change, Growth and Bazaar Effects in the Single EU Market
Abstract
This paper analyzes the link between structural change, growth and bazaar effects in the context of open economies. At first we consider the theoretical basis of structural change and discuss the interdependencies between trade, foreign direct investment and innovation dynamics. The empirical analysis puts the focus on traits of innovation and structural change in selected countries. As regards the hypothesis of a bazaar effect we distinguish between gross effects and net effects. The statistics and the analysis of input-output-tables does not provide evidence that bazaar effects would be a critical problem for Germany or other EU countries.Download Info
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Paper provided by Universitätsbibliothek Wuppertal, University Library in its series EIIW Discussion paper with number disbei153.Length: 51 Pages
Date of creation: Sep 2008
Date of revision:
Handle: RePEc:bwu:eiiwdp:disbei153
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Web page: http://elpub.bib.uni-wuppertal.de
Related research
Keywords: Economic Growth; Innovation Dynamics; Structural Change; Open Economies;Find related papers by JEL classification:
- F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
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