Showing 1 - 10 of 92
.S. economic growth will be negatively affected by lower contributions of hours worked and education. But some studies also add … undervalue the effects of the information technology. Finally, we discuss a number of issues that should be tackled by future …
Persistent link: https://www.econbiz.de/10011100391
from 29 to 31 March 2012. The workshop focused on the interaction between fiscal policy and growth and was organised in … relationship between government budgets and potential growth. The third session analysed the effects of taxation, regulation and … public services on growth. The last session concentrated on policies aimed at promoting sustainable growth. …
Persistent link: https://www.econbiz.de/10011277928
This paper presents an endogenous growth model with intertemporally dependent preferences and "Ak" technology. We … derive sufficient conditions for a balanced growth path to be an equilibrium, provide a full characterization of the … equilibrium dynamics of the economy, and explore the implications of habit formation for the patterns of cross-country growth and …
Persistent link: https://www.econbiz.de/10005609353
We examine the growth performance of six emerging economies (Brazil, China, India, Indonesia, Russia and Turkey) in the … last two decades and examine whether domestic structural constraints are affecting their present and future growth … structural factors will weigh on potential growth, particularly the evolution of the size and quality of the labor force. …
Persistent link: https://www.econbiz.de/10011171336
In this paper we estimate the long-run relationship between regional total factor productivity, R&D, human capital and public infrastructure between 1980 and 2001. We take advantage of recent developments panel cointegration techniques that control for endogeneity of regressors to estimate...
Persistent link: https://www.econbiz.de/10005609389
This paper describes recent developments in the Italian industrial system and investigates the main factors affecting its competitiveness. Our analysis provides a picture of widespread weaknesses. Production levels in all industries are lower than those before the crisis; with the exception of...
Persistent link: https://www.econbiz.de/10011100372
Endogenous growth has set a new paradigm for macroeconomic analysis. This paper overviews the most relevant theoretical … crosscountry integration on output convergence and for the overall growth performance of the integrated economy, as compared to …, respectively, the effects of factor mobility, the role of international trade, and the consequences of technology diffusion. The …
Persistent link: https://www.econbiz.de/10005467315
In the last 15 years the Italian employment structure has undergone some radical changes. As a result, the proportion of high-skilled jobs (managers and professionals) has increased at the expense of medium-skilled jobs (clerks). Differently from the US, in Italy (and in many other European...
Persistent link: https://www.econbiz.de/10009654303
The literature on debt restructuring usually assumes that banks behave in a uniform way towards firms in distress. Using a recent survey of Italian banks, we show that banks follow different strategies when they decide whether to take part in the workout process, in that some of them do...
Persistent link: https://www.econbiz.de/10008560238
This paper examines the dynamic interaction between R&D and market structure in a horizontally differentiated market framework. Firms invest in R&D to modify the level of differentiation of their products, increasing their specialization and their market power. The invested resources in research...
Persistent link: https://www.econbiz.de/10005113594