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Convergence of Firm-Level Productivity, Globalisation, Information Technology and Competition: Evidence from France

Chevalier, Paul-Antoine; Lecat, Rémy; Oulton, Nicholas - Centre for Economic Performance, LSE - 2009

productive. The formers' convergence could therefore constitute an important part of productivity growth at the macroeconomic … level. This article sheds light on this convergence process in the 1990s and the 2000s in France and on some of the factors … which can explain it. Productivity convergence was stronger for labour productivity than for total factor productivity. But …

Persistent link: https://www.econbiz.de/10005256474

Mass Education or a Minority Well Educated Elite in the Process of Development: the Case of India

Castelló-Climent, Amparo; Mukhopadhyay, Abhiroop - Centre for Economic Performance, LSE - 2011

This paper analyses whether in developing countries mass education is more growth enhancing than to have a minority well educated elite. Using the Indian census data as a benchmark and enrollment rates at different levels of education we compute annual attainment levels for a panel of 16 Indian...

Persistent link: https://www.econbiz.de/10009359511

Political Competition, Policy and Growth: Theory and Evidence from the United States

Besley, Timothy; Persson, Torsten; Sturm, Daniel M. - Centre for Economic Performance, LSE - 2010

This paper develops a simple model to analyze how a lack of political competition may lead to policies that hinder economic growth. We test the predictions of the model on panel data for the US states. In these data, we find robust evidence that lack of political competition in a state is...

Persistent link: https://www.econbiz.de/10008694929

In brief: Business cycle blues

Keulenaer, Femke De; Neve, Jan-Emmanuel De; Kavetsos, … - Centre for Economic Performance, LSE - 2015

People do not psychologically benefit from economic expansions nearly as much as they suffer from recessions, according to research by JanEmmanuel De Neve and colleagues.

Persistent link: https://www.econbiz.de/10011123598

The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-Being Data

Keulenaer, Femke De; Neve, Jan-Emmanuel De; Kavetsos, … - Centre for Economic Performance, LSE - 2014

Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth is experienced. We find that measures of life satisfaction and affect are more than twice as sensitive to...

Persistent link: https://www.econbiz.de/10011196452