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Technological Progress and Economic Transformation

Greenwood, Jeremy; Seshadri, Ananth - National Bureau of Economic Research (NBER) - 2004

are: (i) the secular decline in fertility between 1800 and 1980, (ii) the decline in agricultural employment and the rise …

Persistent link: https://www.econbiz.de/10005084673

Frictionless Technology Diffusion: The Case of Tractors

Seshadri, Ananth; Manuelli, Rodolfo - National Bureau of Economic Research (NBER) - 2003

Empirical evidence suggests that there is a long lag between the time a new technology is introduced and the time at which it is widely adopted. The conventional wisdom is that these observations are inconsistent with the predictions of the frictionless neoclassical model. In this paper we show...

Persistent link: https://www.econbiz.de/10005049796

The World Technology Frontier

Caselli, Francesco; II, Wilbur John Coleman - National Bureau of Economic Research (NBER) - 2000

We define a country's technology as a triple of efficiencies: one for unskilled labor, one for skilled labor, and one for capital. We find a negative cross-country correlation between the efficiency of unskilled labor and the efficiencies of skilled labor and capital. We interpret this finding...

Persistent link: https://www.econbiz.de/10005084942

Cross-Country Technology Diffusion: The Case of Computers

Caselli, Francesco; II, Wilbur John Coleman - National Bureau of Economic Research (NBER) - 2001

human capital and with manufacturing trade openness vis-a-vis the OECD. We also find evidence that computer adoption is … enhanced by high investment rates, good property rights protection, and a small share of agriculture in GDP. Finally, there is … manufacturing. After controlling for the above-mentioned variables, we do not find an independent role for the English- (or European …

Persistent link: https://www.econbiz.de/10005089101

The Quality of Medical Care, Behavioral Risk Factors, and Longevity Growth

Lichtenberg, Frank - National Bureau of Economic Research (NBER) - 2009

The rate of increase of longevity has varied considerably across U.S. states since 1991. This paper examines the effect of the quality of medical care, behavioral risk factors (obesity, smoking, and AIDS incidence), and other variables (education, income, and health insurance coverage) on life...

Persistent link: https://www.econbiz.de/10005660144

Politics and the Effectiveness of Foreign Aid

Boone, Peter - National Bureau of Economic Research (NBER) - 1995

Critics of foreign aid programs have long argued that poverty reflects government failure. In this paper I analyze the effectiveness of foreign aid programs to gain insights into political regimes in aid recipient countries. My analytical framework shows how three stylized political/economic...

Persistent link: https://www.econbiz.de/10005774615

The Macroeconomics of Specificity

Caballero, Ricardo J; Hammour, Mohamad L. - National Bureau of Economic Research (NBER) - 1996

Specific quasi-rents build up in a wide variety of economic relationships, and are exposed to opportunism unless fully protected by contract. The recognition that such contracts are often incomplete has yielded major insights into the organization of microeconomic exchange. Rent appropriation,...

Persistent link: https://www.econbiz.de/10005774660

Retrospective on the 1970s Productivity Slowdown

Nordhaus, William D. - National Bureau of Economic Research (NBER) - 2004

The present study analyzes the "productivity slowdown" of the 1970s. The study also develops a new data set -- industrial data available back to 1948 -- as well as a new set of tools for decomposing changes in productivity growth. The major result of this study is that the productivity slowdown...

Persistent link: https://www.econbiz.de/10005775060

Real Business Cycle Models: Past, Present, and Future

Rebelo, Sergio - National Bureau of Economic Research (NBER) - 2005

In this paper I review the contribution of real business cycles models to our understanding of economic fluctuations, and discuss open issues in business cycle research.

Persistent link: https://www.econbiz.de/10005778022

On the Speed of Transition Central Europe

Blanchard, Olivier; Aghion, Philippe - National Bureau of Economic Research (NBER) - 1994

Transition in Central Europe is four years old. State firms which dominated the economy are struggling with market forces. A new private sector quickly emerged and has taken hold. Unemployment, which did not exist, is high and still increasing. Will this process of transition accelerate, or slow...

Persistent link: https://www.econbiz.de/10005778221