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1 paź 2015 · In this paper, I present an endogenous growth model of innovation and adoption through trade in varieties to measure the effect of foreign sources of innovations on “embodied” economic growth.
Following the WWII, technological advances led to lower costs which benefited commerce through efficiency gains in transportation. In addition, negotiations within the framework of the GATT and WTO involved significant reductions in tariffs and greater policies of openness and trade liberalization.
Exploring four trade routes from past to present day. Technological Advances in World Trade Routes ...
12 cze 2024 · These trends include the increasing share of global trade by developing economies, the evolution of maritime trade, the rise of e-commerce, shifts in global emissions, the growing plastics trade, the persistence of commodity dependence, the surge in demand for critical minerals and the alarming rise in global public debt.
2 sty 2020 · In June 2007, Apple released the iPhone, the first touchscreen smartphone with mass-market appeal. Many other companies took inspiration from the iPhone. As a consequence, smartphones have become an integral part of day-to-day life for billions of people around the world.
The following visualization, from the UN World Development Report (2009), plots the fraction of total world trade that is accounted for by intra-industry trade, by type of goods. As we can see, intra-industry trade has been going up for primary, intermediate, and final goods.
1 sty 2018 · Trade and technology diffusion are two ways the benefit of an invention spreads to other countries. Impediments to diffusion give rise to differences in living standards and to comparative advantage in production, providing an incentive to trade. We review some basic facts.