Showing 1 - 10 of 259
We quantify the aggregate, regional and sectoral impacts of transportation productivity growth on the US economy over … the period 1947-2017. Using a multi-region, multi-sector model that explicitly captures produced transportation services … as a key input to interregional trade, we find that the calibrated change in transportation productivity had a sizable …
Persistent link: https://www.econbiz.de/10015171651
productivity (MFP) growth in the transportation industry over the postwar period, 1948-87. Official data on output and employment … data reduce the magnitude of the post-1973 productivity slowdown in transportation MFP growth from a previously reported 2 … control, and highways, do not change appreciably the pattern of postwar MFP growth in transportation …
Persistent link: https://www.econbiz.de/10012475182
innovative activities in the transportation and warehousing sector of the U.S. economy. We suggest multiple avenues for future …
Persistent link: https://www.econbiz.de/10012481866
Persistent link: https://www.econbiz.de/10001594701
We study the evolution of belief systems that suppress productive effort. These include concerns about the envy of others, beliefs in the importance of luck for success, disdain for competitive effort, and traditional beliefs in witchcraft. We show that such demotivating beliefs can evolve when...
Persistent link: https://www.econbiz.de/10014372420
How does forced displacement shape development in origin countries? We examine the case of Venezuela, where over seven million people have been forcibly displaced. Our study compares municipalities with different proportions of foreign-born populations before and after the international oil...
Persistent link: https://www.econbiz.de/10015145082
Can temporary wartime mobilization change the long-run development trajectory of an economy? We study how mobilization for World War II in colonial India influenced its subsequent development. From 1939 to 1945, the British colonial government purchased massive amounts of war materiel within...
Persistent link: https://www.econbiz.de/10015171649
"The returns to schooling or the skill premium is a key parameter in various literatures, including globalization and inequality and international migration. This paper explores the skill premium and its link to exports in Latin America, thus linking the skill premium to the emerging literature...
Persistent link: https://www.econbiz.de/10011394540
"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...
Persistent link: https://www.econbiz.de/10010522996