The recent empirical growth literature has noted that few countries’ incomes grow uniformly over periods longer than a decade or so. We consider growth variations over a period up to 66 years, study growth relative to a benchmark country, and collapse the varieties of growth experiences to...

Using the universe of firms in Estonia, we study the implications of imports-led and FDI- facilitated automation for productivity and factor shares of tasks and value-added. First, in contrast to the findings for developed economies, we find that the aggregate labour share of value-added for...

This paper analyzes the global value chains (GVC) of the coffee industry, particularly in the emerging economies of Vietnam, Colombia, and Brazil, which are the largest producers and exporters of unprocessed coffee in the world. However, value added or processed coffee exports are equally...

The shape of expenditure cascades has important implications for macro- and ecological economics, as it helps us to understand the transmission process from policies affecting inequality to changes in total consumption volumes. The expenditure cascades hypothesis, that income gains at the top of...

This paper undertakes a rigorous examination of the convergence patterns of labour productivity at the regional and sectoral levels across Czech regions. In addition to conventional tests for 𝛽- and 𝜎-convergence, we apply Phillips and Sul’s (2007) approach so as to model non-linearly...

Empirical tests in the 1990s found little evidence of poor countries catching up with rich - unconditional convergence - since the 1960s, and divergence over longer periods. This stylized fact spurred several developments in growth theory, including AK models, poverty trap models, and the...

We estimate and internationally compare the evolution of GDP pc in central-northern and, for the first time, southern Italy in 1400-1861. To address concerns on the representativeness of daily wages, we rely on an unconventional demand approach, using a general equilibrium model and occupational...

This paper presents a general closed graph property for (randomized strategy) Nash equilibrium correspondence in large games. In particular, we show that for any large game with a convergent sequence of finite-player games, the limit of any convergent sequence of Nash equilibria of the...

This paper analyzes the dynamics of electricity intensity -- i.e., the ratio of electricity consumption to gross domestic product -- in the OECD countries for the period 1990–2017. In particular, it analyzes electricity intensity dynamics against the background of different subgroups (or...

Structural transformation and regional convergence in U.S. income have been long-standing trends. Caselli and Coleman (2001) discovered that 60% of regional convergence between the U.S. South and North from 1940 to 1990 is due to structural transformation. Our replication confirms these robust...