Why capital (physical and human) doesn't flow from rich to poor countries ?
Capital (physical and human) doesn't flow from rich to poor countries. We show that in order to solve these twin paradoxes, assumption of externality of physical capital is better than assumption of externality of human capital.
Volume (Year): 32 (2012)
Issue (Month): 2 ()
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- N. Gregory Mankiw & David Romer & David N. Weil, 1992.
"A Contribution to the Empirics of Economic Growth,"
The Quarterly Journal of Economics,
Oxford University Press, vol. 107(2), pages 407-437.
- Scott L. Baier & Gerald P. Dwyer & Robert Tamura, 2006.
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Western Economic Association International, vol. 44(1), pages 23-49, January.
- Scott L. Baier & Gerald P. Dwyer & Robert Tamura, 2002. "How important are capital and total factor productivity for economic growth?," FRB Atlanta Working Paper 2002-2, Federal Reserve Bank of Atlanta.
- Scott L. Baier & Gerald P. Dwyer & Robert Tamura, 2004.
"Factor returns, institutions, and geography: a view from trade,"
FRB Atlanta Working Paper
2004-17, Federal Reserve Bank of Atlanta.
- Scott L. Baier & Gerald P. Dwyer & Robert Tamura, 2006. "Factor Returns, Institutions, and Geography: A View From Trade," The Institute for International Integration Studies Discussion Paper Series iiisdp166, IIIS.
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