Narrow search
Showing 1 - 10 of 1,781
Cover Image
The farmer, the blue-collar, and the monk : understanding economic development through saturations of demands and non-homothetic productivity gains
Gray, Elie; Grimaud, André; Le Bris, David - 2018 - This draft: April 9, 2018
(agriculture, manufacturing and services) characterized by different productivity gains and by saturation levels in the demands of …
Persistent link: https://www.econbiz.de/10011819388
Cover Image
Automation, economic growth, and the labor share - a comment on Prettner (2019)
Heer, Burkhard; Irmen, Andreas - 2019 - This Version: June 24, 2019
Prettner (2019) studies the implications of automation for economic growth and the labor share in a variant of the Solow-Swan model. The aggregate production function allows for two types of capital, traditional and automation capital. Traditional capital and labor are imperfect substitutes...
Persistent link: https://www.econbiz.de/10012031062
Cover Image
Does public education expansion lead to trickle-down growth?
Böhm, Sebastian; Grossmann, Volker; Steger, Thomas M. - 2014
The paper revisits the debate on trickle-down growth in view of the widely discussed evolution of the earnings and income distribution that followed a massive public expansion of higher education. We propose a dynamic general equilibrium model to dynamically evaluate whether economic growth...
Persistent link: https://www.econbiz.de/10010417999
Cover Image
Can general purpose technology theory explain economic growth? : electrical power as a case study
Ristuccia, Cristiano Andrea; Solomou, Solomos - 2014
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010252126
Cover Image
Distribution and growth in an economy with limited needs
Saint-Paul, Gilles - 2001
knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …
Persistent link: https://www.econbiz.de/10011398011
Cover Image
Economic growth and climate change : many trajectories, many destinations
Steger, Thomas M.; Trimborn, Timo - 2024
To gain insights into the mechanisms that shape the interaction between economic growth and climate change, we analyze the simplified DICE through the lens of growth theory. We analytically show that this model exhibits a continuum of saddle-point stable steady states, a property that carries...
Persistent link: https://www.econbiz.de/10014514947
Cover Image
Dualism and cross-country growth regressions
Temple, Jonathan; Woessmann, Ludger - 2004
differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than …
Persistent link: https://www.econbiz.de/10011451098
Cover Image
Energy efficiency and directed technical change : implications for climate change mitigation
Casey, Gregory - 2022
I build a quantitative model of economic growth that can be used to evaluate the impact of environmental policy interventions on final-use energy consumption, an important driver of carbon emissions. In the model, energy demand is driven by directed technical change. Energy supply is subject to...
Persistent link: https://www.econbiz.de/10012817938
Cover Image
Rent seeking, capital accumulation, and macroeconomic growth
Heijdra, Ben J.; Heijnen, Pim - 2023
constant returns to scale technology with human and physical capital as inputs. One of the consumption goods sectors is a …
Persistent link: https://www.econbiz.de/10014431164
Cover Image
Capital-labor substitution, structural change and growth
Alvarez-Cuadrado, Francisco; Long, Ngo Van; Poschke, Markus - 2016 - This Draft: May 25, 2016
There is growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well-known Kaldor facts, with systematic changes in the sectoral allocation of resources, consistent with the Kuznets facts. Although variations in the income elasticity of demand across...
Persistent link: https://www.econbiz.de/10011482690