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A model of a small open economy with open capital and labour markets is presented. Labour demand is based on capital mobility and increasing returns in production. Migration decisions are based on the relative attractiveness of regions in terms of the stock of infrastructure, including its tax...
Persistent link: https://www.econbiz.de/10005662366
Due to technological convergence, multiple infrastructures can now offer broadband or triple-play services, while the …
Persistent link: https://www.econbiz.de/10009024485
Unlike economies as a whole, manufacturing industries exhibit unconditional convergence in labor productivity. The … the period since 1990. The coefficient of unconditional convergence is estimated quite precisely and is large, at 3 …
Persistent link: https://www.econbiz.de/10009359488
We investigate the determinants of the education gender gap in Italy in historical perspective with a focus on the influence of family structure. We capture the latter with two indicators: residential habits (nuclear vs. complex families) and inheritance rules (partition vs. primogeniture)....
Persistent link: https://www.econbiz.de/10011083675
This paper extends the standard growth regression model by adding an assumption that a country follows the global technology frontier either fully or partially. This additional assumption changes significantly the growth regression model and its results in three main ways. First, it shows that...
Persistent link: https://www.econbiz.de/10011083897
convergence. Specifically, we extend a Melitz and Ottaviano (2008) type trade model with variable mark-ups to allow for endogenous … thus fails to promote convergence. …
Persistent link: https://www.econbiz.de/10011084499
manufacturing suggest that convergence of GDP per worker must have occurred through trends in other sectors and through …
Persistent link: https://www.econbiz.de/10005788874
. Non-convergence traps are more likely when policies and institutions are endogenized, enabling beneficiaries of existing …
Persistent link: https://www.econbiz.de/10005789082
examines what is the best way for candidate countries to fuel real convergence. The experience from earlier EU enlargements and … should be terminated as soon as possible. Second, labour and capital mobility are good for growth and economic convergence …
Persistent link: https://www.econbiz.de/10005789211
This paper focuses on one possible explanation for the empirical evidence of: (a) income convergence among the world … outcomes that are consistent with the convergence-divergence empirical evidence. While subsistence consumption can lead to …
Persistent link: https://www.econbiz.de/10005791191