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On the Aggregate and Distributional Implications of Productivity Differences Across Countries

Erosa, Andrés - 2012

We develop a quantitative theory of human capital with heterogeneous agents in order to assess the sources of cross … capital technology. We then assess the model's ability to explain the cross-country data. Our quantitative model generates a … amplified through physical and human capital accumulation to generate a factor of 20 difference in output per worker --- as …

Persistent link: https://www.econbiz.de/10013096877

Sectoral Decomposition of Convergence in Labor Productivity : A Re-Examination from a New Dataset

Dieppe, Alistair; Matsuoka, Hideaki - 2022

This paper investigates how the sector-specific source or the changing sectoral composition of labor productivity has contributed to β-convergence, using a newly constructed eight-sector database. The main findings are twofold. First, both within and sectoral reallocation have become important...

Persistent link: https://www.econbiz.de/10013293401

Sectoral decomposition of convergence in labor productivity : a re-examination from a new dataset

Dieppe, Alistair; Matsuoka, Hideaki - 2022

This paper investigates how the sector-specific source or the changing sectoral composition of labor productivity has contributed to β-convergence, using a newly constructed eightsector database. The main findings are twofold. First, both within and sectoral reallocation have become important...

Persistent link: https://www.econbiz.de/10013172488

Abstract nature of money and the modern equation of exchange

Dobija, Mieczysław - In: Modern economy 2 (2011) 2, pp. 142-152

Persistent link: https://www.econbiz.de/10009316222

Privatization and labor force restructuring around the world

Chong, Alberto; López-de-Silanes, Florencio - 2002

Persistent link: https://www.econbiz.de/10001728797

Economic and political liberalizations

Giavazzi, Francesco; Tabellini, Guido Enrico - 2004

This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...

Persistent link: https://www.econbiz.de/10002387611

Dualism and cross-country growth regressions

Temple, Jonathan; Woessmann, Ludger - 2004

This paper examines whether growth regressions should incorporate dualism and structural change. If there is a differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total factor productivity. The paper develops empirical growth...

Persistent link: https://www.econbiz.de/10002388708

A Bottom-Up Approach for Climate Change : The Trade Experience

Leal-Arcas, Rafael - 2012

This article argues that the Kyoto Protocol to the 1992 Framework Convention on Climate Change (UNFCCC) was doomed to face difficulties ab initio. Moving the climate change agenda forward multilaterally among the 195 parties to the UNFCCC is proving to be a serious challenge. The lack of...

Persistent link: https://www.econbiz.de/10014174532

Emigration and Democracy

Docquier, Frédéric; Lodigiani, Elisabetta; Rapoport, … - 2011

. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled … once incentive effects of emigration on human capital formation are accounted for …

Persistent link: https://www.econbiz.de/10014177699

The Moral Consequences of Economic Growth : An Empirical Investigation

Davis, Lewis; Knauss, Matthew - 2011

In The Moral Consequences of Economic Growth, Benjamin Friedman argues that growth reduces the strength of interpersonal income comparisons, and thereby tends to increases the desire for pro-social legislation, a position he supports by drawing on the historical records of the US and several...

Persistent link: https://www.econbiz.de/10014179780