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Articles 31 - 32 of 32
Full-Text Articles in International Economics
The Role Of Entrepreneurship In Economic Growth, Daniel Smith
The Role Of Entrepreneurship In Economic Growth, Daniel Smith
Undergraduate Economic Review
This study confirms that the level of entrepreneurship in a given country has a significant positive effect on the level of economic growth in that country. Contrary to some established theories, this study has found evidence that the level of entrepreneurship in a given country is not explained by the levels of the traditional causes of economic growth in that country (specifically the amounts of labor, capital, and knowledge that a country possesses as well as the presence or absence of market friendly government policies). Instead, entrepreneurship acts as an independent factor.
The Extended Heckscher-Ohlin Model: Patterns Of Trade Between The U.S. And China, Mark Clements
The Extended Heckscher-Ohlin Model: Patterns Of Trade Between The U.S. And China, Mark Clements
Undergraduate Economic Review
Though there have been many attempts to extend the Heckscher-Ohlin model in order to account for empirical data, I intend to examine John Romalis’ model of factor proportions and commodity structure. The purpose of this paper is to examine Romalis’ model to see if it is supported by empirical data on trade between China and the United States. In order to do this, I will use data from the 2000 and 2005 U.S. Census trade data CD-ROM to determine if Romalis’ extended Hecksher-Ohlin model of international trade can explain the U.S.-China pattern of trade.