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 …

1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model … 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 …

This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy's steady state growth …

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 construct an endogenous growth model that includes a cultural variable along the dimension of individualism … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

domains can also promote economic growth. This paper argues for the importance of human development related investments based … on i) a theoretical economic growth model with poverty traps, ii) a literature review of evidence that different human … development related investments can promote growth, and iii) own empirical analyses that aim at estimating the relative …

economic growth and development. In this chapter we survey important contributions in the field by focussing on the basic … structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for … growth policy. We address issues like the scale effect problem, directed technological change to understand the evolution of …

growth in market and home production. We focus on the substitutions between market and home production and on the structural … services without violating balanced aggregate growth. We find support for the model's predictions in long-run US data …

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 …

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