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Machines as Engines of Growth
Zeira, Joseph - C.E.P.R. Discussion Papers - 2005
This paper builds a model of growth through industrialization, as machines replace workers in a growing number of tasks … unboundedly. The mechanism that drives growth is the feedback between industrialization and wages. High wages are incentives to … use machines and industrialize, while industrialization raises wages. The model shows that industrialization and growth …
Persistent link: https://www.econbiz.de/10005656232
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China's Great Leap: Forward or Backward? Anatomy of a Central Planning Disaster
An, Mark Yuying; Li, Wei; Yang, Dennis Tao - C.E.P.R. Discussion Papers - 2001
The Great Leap Forward (GLF) disaster, characterized by a collapse of grain output, and the associated famine in China … industrialization. Consequently, it diverted massive amounts of agricultural resources to industry and imposed excessive grain …
Persistent link: https://www.econbiz.de/10005789139
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Growing like China
Song, Zheng Michael; Storesletten, Kjetil; Zilibotti, … - C.E.P.R. Discussion Papers - 2009
This paper constructs a growth model that is consistent with salient features of the Chinese growth experience since 1992: high output growth, sustained returns on capital investments, extensive reallocation within the manufacturing sector, falling labor share and accumulation of a large foreign...
Persistent link: https://www.econbiz.de/10005123794
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Sharing High Growth Across Generations: Pensions and Demographic Transition in China
Song, Zheng Michael; Storesletten, Kjetil; Wang, Yikai; … - C.E.P.R. Discussion Papers - 2012
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …
Persistent link: https://www.econbiz.de/10011083803
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Economic Reforms and Industrial Policy in a Panel of Chinese Cities
Alder, Simon; Shao, Lin; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013
We estimate the effect on economic development of China's industrial policy, in particular, the establishment of …
Persistent link: https://www.econbiz.de/10011084232
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Urban Growth and Transportation
Duranton, Gilles; Turner, Matthew A - C.E.P.R. Discussion Papers - 2008
We estimate the effects of major roads and public transit on the growth of major cities in the US between 1980 and 2000. We find that a 10% increase in a city’s stock of roads causes about a 2% increase in its population and employment and a small decrease in its share of poor households over...
Persistent link: https://www.econbiz.de/10005792014
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The growth of cities
Duranton, Gilles; Puga, Diego - C.E.P.R. Discussion Papers - 2013
Why do cities grow in population, surface area, and income per person? Which cities grow faster and why? To these questions, the urban growth literature has offered a variety of answers. Within an integrated framework, this chapter reviews key theories with implications for urban growth. It then...
Persistent link: https://www.econbiz.de/10011084574
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A Many-Country Model of Industrialization
Breinlich, Holger; Cuñat, Alejandro - C.E.P.R. Discussion Papers - 2011
to account for in existing models of industrialization. By construction, closed-economy models that stress the role of …
Persistent link: https://www.econbiz.de/10009207519
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The Spread of Industry: Spatial Agglomeration in Economic Development
Puga, Diego; Venables, Anthony J - C.E.P.R. Discussion Papers - 1996
This paper describes the spread of industry from country to country as a region grows. All industrial sectors are initially agglomerated in one country, tied together by input-output links between firms. Growth expands industry more than other sectors, bidding up wages in the country in which...
Persistent link: https://www.econbiz.de/10005662334
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From Natural Resources to High-tech Production: The Evolution of Industrial Competitiveness in Sweden and Finland
Blomström, Magnus; Kokko, Ari - C.E.P.R. Discussion Papers - 2003
This Paper describes and analyses the evolution of industrial competitiveness in Sweden and Finland in a long-term perspective. One part of the Paper looks at the foundations for industrial take-off in Sweden, with some focus on the development of institutions for the creation and dissemination...
Persistent link: https://www.econbiz.de/10005666460