45 research outputs found
Predicted properties of RR Lyrae stars in the SDSS photometric system
The luminosities and effective temperatures, as well as the whole bolometric
lightcurves of nonlinear convective RR Lyrae models with 0.0001<Z<0.006 are
transformed into the SDSS photometric system. The obtained ugriz lightcurves,
mean magnitudes and colors, pulsation amplitudes and color-color loops are
shown and analytical relations connecting pulsational to intrinsic stellar
parameters, similarly to the ones currently used in the Johnson-Cousins
filters, are derived. Finally the behaviour in the color-color planes is
compared with available observations in the literature and possible systematic
uncertainties affecting this comparison are discussed.Comment: accepted for publication in MNRA
Pair-Wise Cointegration in Long-Run Growth Models
This paper presents a novel theoretical and empirical approach to the analysis of long-run economic growth. It shows that most traditional theoretical models share the feature of pair-wise cointegration among the main variables. An augmented Kaldor model is proposed in contrast to the standard production function. The empirical analysis employs non- stationary panel techniques on two groups of countries to show that pair- wise cointegration exists among GDP, physical capital, human capital, and trade openness
Openness to International Trade and Economic Growth: A Cross-Country Empirical Investigation
In this paper, we revisit the empirical evidence on the relationship between trade openness and long-run economic growth over the sample period 1960-2000. In contrast to previous studies focusing mainly on the period 1970-1990, this paper reassesses the openness-growth nexus over a much longer sample period, enabling us to better account both trade policy stance and long-run growth dynamics. We carry out our empirical investigation by employing various openness measures suggested in the literature rather than relying on a few proxy variables. We also construct three additional composite trade policy indexes directly measuring trade policy stance. Our findings indicate that many openness variables are positively and significantly correlated with long-run economic growth. However, in some cases, this result is driven by the presence of a few outlying countries. Adding to the fragility of the openness-growth association, the significance of openness variables disappears once other growth determinants, such as institutions, population heterogeneity, geography and macroeconomic stability are accounted for