1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model … we fail to find any role of human capital for regional economic growth, we find that interregional migration and … interdependencies of the growth experience of Russian regions contribute to economic convergence between them. …

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the …

We test whether the growth experience of a sample of 21 OECD countries over the past three decades is more consistent … specify our growth regression without imposing cross-country homogeneity restrictions on the speed of convergence and short … to heterogeneity in population growth, technical change or progressiveness of income taxes. Our estimated speed of …

The paper revisits the debate on trickle-down growth in view of the widely discussed evolution of the earnings and … dynamically evaluate whether economic growth triggered by an increase in public education expenditure on behalf of those with high …

migration, brain drain, and economic growth, but few papers analyzed the growth impact of skilled migration. The paper filled … France. The subsequent empirical strategy consists in comparing the growth performance of an economy without migration to the … counterpart economy. The regional growth convergence analysis shows higher convergence rate once the brain circulation is …

Growth Theory explores the evolution of societies over the entire course of human history. It uncovers the universal wheels … of change that have governed the journey of humanity, driven the growth process, and shaped inequality across the globe …. The theory sheds light on two of the most fundamental mysteries surrounding this journey: (i) The Mystery of Growth - the …

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

The neoclassical growth model assumes fixed labor supply and competitive labor markets. Is it harmless to ignore … monopsonistic power in the neoclassical growth model? The paper argues that it is not, especially if a growth model needs to be … consistent with the long-run dynamics of the labor share. This paper solves a minimalist growth model with monopsonistic power at …

effectiveness of growth in reducing poverty; whereas an adverse direct effect of initial poverty on growth - which is recognized as …