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-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p.a. Based on a cross … productivity in the UK while leaving the long run growth rate unaffected. Based entirely on pre-crisis data, and using a two …
Persistent link: https://www.econbiz.de/10011126620
This paper develops a model of economic growth and activity locating endogenously on a 3- dimensional featureless … global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and … converges towards egalitarian growth. Equality is stable but spatial inequality is needed to attain it. …
Persistent link: https://www.econbiz.de/10010884745
discrimination is an inefficient practice. We model gender discrimination as the complete exclusion of females from the labor market … lower economic growth; and that the former also implies a reduction in per capita GDP, while the latter distorts the … panel-data regressions across Indian states over 1961-1991 that is consistent with the model¿s predictions. …
Persistent link: https://www.econbiz.de/10011071265
This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended … model of the accidental bequest with endogenous fertility, we analyze the effects of a decrease in the old-age mortality … rate on the equilibrium growth rate as well as on the income distribution. We show that the relationship between growth and …
Persistent link: https://www.econbiz.de/10010928630
discontinuity of per-capita GDP growth partitions Austria's regions into two groups. Clear evidence of discontinuity (a “take … Austria, Bohemia, Silesia, Galicia, Bukovina, and Dalmatia there is instead no evidence of structural break in their growth …) but have moderate effects on the growth of subsequent years. Regional (per-capita) inequality is also evaluated using …
Persistent link: https://www.econbiz.de/10011125886
We investigate urban GDP per capita growth across the EU12 using data for functionally defined cities—rather than …
Persistent link: https://www.econbiz.de/10011071521
The Long-Term Consequences of Regional Specialization* What are the consequences of resource-based regional specialization, when it persists over a long period of time? While much of the literature argues that specialization is beneficial, recent work suggests it may be costly in the long run,...
Persistent link: https://www.econbiz.de/10010744966
The Long-Term Consequences of Regional Specialization* What are the consequences of resource-based regional specialization, when it persists over a long period of time? While much of the literature argues that specialization is beneficial, recent work suggests it may be costly in the long run,...
Persistent link: https://www.econbiz.de/10010745354
In recent times there has been a renewed interest in relationships between redistribution, growth and welfare. Land … appreciable impact on growth and poverty. The evidence presented suggests that land reforms do appear to be associated with …
Persistent link: https://www.econbiz.de/10010746031
, therefore, the decision outcome. We explore these relationships in an agent-based model; drawing on concepts from environmental … risk science, decision psychology and computer simulation. A two-agent model that accounts for the sufficiency of evidence … is applied to decisions about salt intake, animal carcass disposal and radioactive waste. A dynamic version of the model …
Persistent link: https://www.econbiz.de/10011126122