Similar Search Results

Temple, Jonathan; Ying, Huikang - C.E.P.R. Discussion Papers - 2014

workers from agriculture is associated with rising wage inequality, rather than a Kuznets curve. The increase in sectoral wage … inequality is pronounced for agriculture. At the same time, structural transformation is associated with major reductions in …

Persistent link: https://www.econbiz.de/10011145444

Workers, Machines and Economic Growth

Zeira, Joseph - C.E.P.R. Discussion Papers - 1995

This paper models technology adoption as replacing workers by machines, which perform the same job in the production process. The paper shows that such modelling of technology adoption affects significantly the analysis of economic growth. This model can explain large and persistent...

Persistent link: https://www.econbiz.de/10005504740

From Green Users to Green Voters

Comin, Diego; Rode, Johannes - C.E.P.R. Discussion Papers - 2013

We estimate the effect of the diffusion of photovoltaic (PV) systems on the fraction of votes obtained by the German Green Party. The logistic diffusion of PV systems offers a new identification strategy. We take first differences and instrument adoption rates (i.e. the first difference in the...

Persistent link: https://www.econbiz.de/10011083708

If Technology Has Arrived Everywhere, Why Has Income Diverged?

Comin, Diego; Mestieri, Martí - C.E.P.R. Discussion Papers - 2013

We study the lags with which new technologies are adopted across countries, and their long-run penetration rates once they are adopted. Using data from the last two centuries, we document two new facts: there has been convergence in adoption lags between rich and poor countries, while there has...

Persistent link: https://www.econbiz.de/10011083905

The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyond

Carraro, Carlo; Longden, Thomas; Marangoni, Giacomo; … - C.E.P.R. Discussion Papers - 2013

This paper analyses a set of new scenarios for energy markets in Europe to evaluate the consistency of economic incentives and climate objectives. It focuses in particular on the role of natural gas across a range of climate policy scenarios (including the Copenhagen Pledges and the EU Roadmap)...

Persistent link: https://www.econbiz.de/10011084042

Environmental Policy and Directed Technical Change in a Global Economy: The Dynamic Impact of Unilateral Environmental Policies

Hemous, David - C.E.P.R. Discussion Papers - 2013

This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...

Persistent link: https://www.econbiz.de/10011084402

Human Capital, Innovation, and Climate Policy: An Integrated Assessment

Carraro, Carlo; De Cian, Enrica; Tavoni, Massimo - C.E.P.R. Discussion Papers - 2012

This paper looks at the interplay between human capital and innovation in the presence of climate and educational policies. Using recent empirical estimates, human capital and general purpose R&D are introduced in an integrated assessment model that has been extensively applied to study the...

Persistent link: https://www.econbiz.de/10011084481

The Rise of the Machines: Automation, Horizontal Innovation and Income Inequality

Hemous, David; Olsen, Morten - C.E.P.R. Discussion Papers - 2014

are low, which induces little automation, such that income inequality and labor's share of GDP are constant. Second, as …. This model therefore delivers persistently increasing wage inequality and stagnating real wages for low skill workers for … polarization after one where labor income inequality increases uniformly. Finally, we show that an endogenous labor supply response …

Persistent link: https://www.econbiz.de/10011084688

The Evolution of Markets and the Revolution of Industry: A Quantitative Model of England's Development, 1300-2000

Desmet, Klaus; Parente, Stephen - C.E.P.R. Discussion Papers - 2009

This paper argues that an economy's transition from Malthusian stagnation to modern growth requires markets to reach a critical size, and competition to reach a critical level of intensity. By allowing an economy to produce a greater variety of goods, a larger market makes goods more...

Persistent link: https://www.econbiz.de/10005041097

Quality Improvements in Models of Growth

Barro, Robert J.; Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1994

Technological progress takes the form of improvements in the quality of an array of intermediate inputs to production. In an equilibrium that is standard in the literature, all research is carried out by outsiders, and success means that the outsider replaces the incumbent as the industry...

Persistent link: https://www.econbiz.de/10005067489