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A recent literature do cuments that manufacturing employment growth in developing countries has been sluggish over the past decades, and that deindustrialization has often set in at historically low levels of income. However, there is little evidence on which kind of jobs are disappearing...
Persistent link: https://www.econbiz.de/10012025990
combine R&D investments with patent data of the world top R&D investors worldwide and show that investment per patent varies …
Persistent link: https://www.econbiz.de/10011995880
We reassess Mankiw, Romer and Weil's [mrw] version of the Solow model using, as did mrw, cross-sectional data to estimate the steady-state equation governing income per capita levels. The model fails in two critical areas. First, plausible factor shares obtained by mrw are not robust to the...
Persistent link: https://www.econbiz.de/10014046076
cohort size effect; the so-called Kuznets Curve or demand effects; and the commitment to globalization or policy effects. We …
Persistent link: https://www.econbiz.de/10012712279
This study analyzes the effects of government policies on the short-run and long-run movement of locally owned firms from a developed country to a less-developed country and on the output and growth rate of each country in the presence of home bias. The analysis uses a model which was developed...
Persistent link: https://www.econbiz.de/10014199604
While quantifying the foreign ownership premium has received a lot of attention in the empirical literature, there is only little known about productivity variations between foreign affiliates of multinational firms. In order to enhance the understanding of the economic causes of this...
Persistent link: https://www.econbiz.de/10009515296
This paper analyzes the effect of changes in structural progressivity of national income tax systems on observed and actual income inequality. Using several unique measures of progressivity over the 1981-2005 period for a large panel of countries, we find that progressivity reduces inequality in...
Persistent link: https://www.econbiz.de/10009629615
This study investigates the impact of public-private investment, globalization, and urbanization on the aggregation of … variables: public-private investment, globalization, and urbanization. Furthermore, the causality assessment reveals evidence … supporting the feedback hypothesis between renewable energy consumption, public-private investment, and globalization. Because of …
Persistent link: https://www.econbiz.de/10014546384
This paper provides a survey and synthesis of econometric tools that have been employed to study economic growth. While these tools range across a variety of statistical methods, they are united in the common goals of first, identifying interesting contemporaneous patterns in growth data and...
Persistent link: https://www.econbiz.de/10014023779
world, with big consequences for the present-day economic conditions of populations indigenous to each region. In this paper …
Persistent link: https://www.econbiz.de/10014068920