Chapter 17: Growth and competitiveness

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Presentation transcript:

Chapter 17: Growth and competitiveness Charles van Marrewijk International Trade Chapter 17: Growth and competitiveness

17.2 ordering of real income per capita

17.3 income per capita; USA, 1850-2010

17.4 ordering of hours worked per year

17.5 income per capita and number of hours worked per year bubbles proportional to population size

17.6 capital accumulation in the neoclassical model a E

17.7 physical and human capital accumulation IV III E I II

17.8 gross savings rates 17.12 gross savings rates; high, low, and volatility, percent of income

SP 17.9 economic growth and forward-looking behaviour III IV E a5 II III IV E a5 II a3 I a4 a2 a1

17.10 decomposition of economic growth, 1990-2014

17.11 ordering of share of labour compensation in income

17.12 manufacturing and income per capita bubbles proportional to population size

17.13 the Dupuit triangle price pmax Dupuit triangle A p demand q qmax quantity

17.14 dynamic costs of trade restrictions 100 maximum costs 88 welfare costs dynamic costs 50 45 static costs 25 17 8 trade restrictions 1

17.15 economic development in China, 1960-2015

17.16 China; FDI inflows and outflows (% of GDP), 1982-2014

17.17 stages of development and subindex weights in global competitiveness

17.18 global competitiveness in 12 pillars for four countries, 2015