Excited to share our new paper @SCEDjournal, with @DaniloSpinola_. We propose that GVC/trade integration can generate a variety of growth regimes based on how it interacts with domestic macroeconomic structures.
https://t.co/vs68nSqOPY
(3/3) We find that trade leads to uneven development across geography, and that complemetaries between the 3 regimes matter for inclusive growth. Industrial policy in emerging nations often focus on these regimes in isolation, instead such complementarities must be leveraged.
(2/3) Using PCA, we estimate indices for integration, structure and distribution, which are used to map country groups in a structured typology, and thereby classify a spectrum of growth regimes. Finally, we econometrically estimate the impact of each regime on economic growth.
(3/3) We find that trade leads to uneven development across geography, and that complemetaries between the 3 regimes matter for inclusive growth. Industrial policy in emerging nations often focus on these regimes in isolation, instead such complementarities must be leveraged.
(2/3) Using PCA, we estimate indices for integration, structure and distribution, which are used to map country groups in a structured typology, and thereby classify a spectrum of growth regimes. Finally, we econometrically estimate the impact of each regime on economic growth.
Matias Vernengo (@NakedKeynes) delivering the first keynote lecture at the @FLAMEUniversity conference on Smith & political economy, organised by @ArpanG85.
#HET
Excited to share this amazing line up of papers at the Political Economy Conference @FLAMEUniversity
Dates: 6 and 7th Oct, 2023
Looking forward to the keynote address by @NakedKeynes!
More details at
https://t.co/wVYUXa1Wzp
📢CfP
Excited to share CfP for a Political Economy conference on Smith's 300th birth centenary, organised @FLAMEUniversity, Pune. With @alexmthomas and Limakumba Walling
Submit abstracts by: July 30, 2023
Email: <[email protected]>
https://t.co/wVYUXa1Wzp
My coauthored paper with Ramaa Vasudevan on the nature of subordinate financialization and the non-financial corporate sector in India, published @CompChange