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Essays In Economic Growth And Development, Zhen Zhu
Essays In Economic Growth And Development, Zhen Zhu
Graduate Theses and Dissertations
This dissertation consists of three chapters exploring the Solow Residual of the Solow growth model. Two central components of the Solow Residual have been studied in my doctoral dissertation. The first is the structural transformation, an internal adjustment process that helps the economy attain the optimal points on its Production Possibility Frontier by reallocating resources from the low-productivity sectors to the high-productivity sectors. The second is the technology diffusion, a positive externality process that pushes forward the economy's Production Possibility Frontier if it adopts the newer technology.
The first chapter of my dissertation is devoted to a case study of …
Essays On International Trade And Finance, Amat Adarov
Essays On International Trade And Finance, Amat Adarov
Graduate Theses and Dissertations
The dissertation consists of three papers exploring the macroeconomic implications of heterogeneity of countries in financial development, economic interconnectedness via trade and financial linkages.
Chapter 1 examines whether countries which are more centrally located in the global trade network have more synchronized stock markets. Global trade data is used to construct a novel measure of random walk betweenness centrality (RWBC), measuring the extent to which a country lies on random pathways in-between other countries and is therefore likely to be a conduit in the transmission of a shock across global markets. Based on a panel dataset of 58 countries over …