Showing 1 - 10 of 121
greatly reduces bias in the most influential and precise estimates: conservatively accounting for capital taxes paid by the …
Persistent link: https://www.econbiz.de/10013426441
that manufacturing firms increase capital and employment, with labor demand in information and communication technology …
Persistent link: https://www.econbiz.de/10013470431
We use the elements of a macroeconomic production function—physical capital, human capital, labor, and technology …, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial … development. It affects human capital through both religious and secular education. It affects population and labor by influencing …
Persistent link: https://www.econbiz.de/10014469638
Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a …, employment, and capital equations largely corroborate the implications of the behavioral models of the two types of enterprise …
Persistent link: https://www.econbiz.de/10010276248
covers the period 1993-2005. The estimates indicate that it is advantageous to adjust the stock of labour and capital … simultaneously. The cost advantage of simultaneous changes is small for capital but is large for labour. The empirical results …
Persistent link: https://www.econbiz.de/10010278762
Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a …, employment, and capital equations largely corroborate the implications of the behavioral models of the two types of enterprise …
Persistent link: https://www.econbiz.de/10005233888
covers the period 1993-2005. The estimates indicate that it is advantageous to adjust the stock of labour and capital … simultaneously. The cost advantage of simultaneous changes is small for capital but is large for labour. The empirical results …
Persistent link: https://www.econbiz.de/10008765234
We revisit the effect of long run income growth on population fertility in some of the poorest countries in the world. Causal inference is enabled through proxying income windfalls by oil price shocks in oil rich versus oil poor provinces. Using various fertility measures as outcomes, we find...
Persistent link: https://www.econbiz.de/10013351804
This paper shows that 19th-century industrialization is an important determinant of the significant changes in Germany's economic geography observed in recent decades. Using novel data on economic activity in 163 labor market regions in West Germany, we establish that nearly half of them...
Persistent link: https://www.econbiz.de/10013426312
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between political and economic development is U- shaped: "intermediate" political regimes significantly lead to inferior economic...
Persistent link: https://www.econbiz.de/10013426447