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The Agricultural Productivity Gap (APG) - the ratio of the average labor productivity in non-agriculture to that in agriculture - tends to be very large in developing countries and potentially represents misallocation of resources. This paper makes three contributions to the literature on APG....
Persistent link: https://www.econbiz.de/10012181758
incentives by firms to introduce labor-saving innovation, which is wage-driven. The capital/income ratio must rise in order to …
Persistent link: https://www.econbiz.de/10012659139
incentives by firms to introduce labor-saving innovation, which is wage-driven. The capital/income ratio must rise in order to …
Persistent link: https://www.econbiz.de/10013322002
a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation …
Persistent link: https://www.econbiz.de/10012433894
This paper develops a classical-Marxian macroeconomic model to examine the growth and distributional consequences of education. First, the role of education in skill formation is considered and it is shown that an expansion in education will promote growth and have beneficial distributional...
Persistent link: https://www.econbiz.de/10008758086
revolution is going to be an innovation super-fluctuation. …
Persistent link: https://www.econbiz.de/10012303145
The first step in understanding international income differences is measuring supplies of various factors of production and their productivity. Recent work suggests that these calculations should treat workers of different skill levels as imperfect substitutes. However, under this approach, it...
Persistent link: https://www.econbiz.de/10012869262
Innovation, mark-ups and the degree of trade openness vary substantially across sectors. This paper builds a multi … autarky to free trade promotes innovation and productivity growth in those sectors which are initially less competitive …. However, when the initial tariff level is common across sectors, a homogeneous tariff reduction promotes innovation in those …
Persistent link: https://www.econbiz.de/10011374296
Persistent link: https://www.econbiz.de/10013261080
For analyzing the impact of climate change and of international climate policies on the international division of labor and on regional welfare the use of a disaggregated multi–sectoral, multi–regional dynamic computable general equilibrium model is appropriate. This paper discusses the...
Persistent link: https://www.econbiz.de/10011495313