This paper presents estimates of world output growth from 1970 to 2000, the distribution of income among countries and persons for the years 1980, 1990 and 2000, and world poverty rates for the same years. It also presents the results of a series of simulation exercises that attempt isolate the...

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...

Using international data starting 1957, we construct a sample of cases where fast-growing economies slow down. The evidence suggests that rapidly growing economies slow down significantly, in the sense that the growth rate downshifts by at least 2 percentage points when their per capita incomes...

This Productivity Commission staff working paper (by Paula Barnes) examines sectoral investment in intangible assets in Australia following on from a previous paper on an examination of intangibles assets in the market sector as a whole. It highlights some significant issues relating to the...

We estimate the effect of political regime transitions on growth with semi-parametric methods, combining difference in differences with matching, that have not been used in macroeconomic settings. Our semi-parametric estimates suggest that previous parametric estimates may have seriously...

I propose the aggregate output divided by the wage rate of the industrial labourer in a country as a measure of the aggregate human capital input for that country. The justification is that the skills and the health of industrial labourers are comparable across countries; therefore their human...

The current study attempts to understand the relationships among Environmental Quality (EQ), Human Development (HD) and political and governance regime in a cross-country framework. The underlying hypothesis is that in addition to income, as reflected from the literature on Environmental Kuznets...

We provide an empirical assessment of the relationship between tourism specialisation and economic growth by updating the findings of previous papers written on this issue. We use data for more than 150 countries covering different time spans between 1980 and 2005. Contrary to previous findings...

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...