Showing 1 - 10 of 146
Persistent link: https://www.econbiz.de/10014514848
to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing …Historically, episodes of rapid growth are accompanied by significant structural change. In this paper we therefore aim … economies. To fix ideas we present an extension of Barro, Mankiw and Sala-i-Martin?s (1995) growth model that incorporates two …
Persistent link: https://www.econbiz.de/10010263207
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10010278252
Persistent link: https://www.econbiz.de/10014290589
issue of productivity catching-up, international specialisation and labour market effects in a dynamic multi …. These Schumpeterian features are the impact of transitory rents, emerging from (labour) productivity-enhancing technological … progress or catching- up processes, upon the price-, wage- and quantity system of the trading economies. Relative productivity …
Persistent link: https://www.econbiz.de/10010294509
distribution, growth and international specialization. The model is explored both for the steady-state properties and the … transitory dynamics of integrated economies. Income inequality affects the patterns of growth and international specialization as …
Persistent link: https://www.econbiz.de/10010294524
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10010284032
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per … factors that have governed the pace of the transition from stagnation to growth and have thus contributed to contemporary … variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and …
Persistent link: https://www.econbiz.de/10010284035
gains from trade have been directed towards investment in education and growth in income per capita, whereas a significant … portion of these gains in less developed economies have been channeled towards population growth. Cross-country regressions …
Persistent link: https://www.econbiz.de/10010284056
This research advances an evolutionary theory and provides empirical evidence that shed new light on the origins of contemporary differences in life expectancy across countries. The theory suggests that social, economic and environmental changes that were associated with the Neolithic Revolution...
Persistent link: https://www.econbiz.de/10010318875