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Interpreting the 'One Big Wave' in US Long-Term Productivity Growth
Gordon, Robert J - C.E.P.R. Discussion Papers - 2000
mysterious doubling in the ratio of output to capital input when the postwar era is compared with 1870-1929. Measurement … the measurement of capital. A new MFP series taking account of all these adjustments grows more slowly throughout, and the …
Persistent link: https://www.econbiz.de/10005124204
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The Mirage of Convergence: Why Poor Countries May Only Seem to Be Closing the Income Gap
Filer, Randall K; Hajkova, Dana; Hanousek, Jan - C.E.P.R. Discussion Papers - 2004
Replication of two recent studies of growth determinants shows that results are sensitive to the choice of data from which growth rates are calculated, especially with respect to whether economic convergence has occurred. Previous warnings against using data that has been adjusted to increase...
Persistent link: https://www.econbiz.de/10005656283
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On the Measurement of Trade Costs: Direct vs. Indirect Approaches to Quantifying Standards and Technical Regulations
Chen, Natalie; Novy, Dennis - C.E.P.R. Discussion Papers - 2012
In this article, we review the literature on the measurement of trade costs in international trade with a special …
Persistent link: https://www.econbiz.de/10011083427
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New Estimates of British Unemployment, 1870-1913
Boyer, George; Hatton, Timothy J. - C.E.P.R. Discussion Papers - 2001
Existing estimates of the annual unemployment rate from 1870 to 1913 were constructed by the Board of Trade, initially in 1888, and updated thereafter. This is still the series which is widely used and cited. It is based on records of the number unemployed in various trade unions and it has a...
Persistent link: https://www.econbiz.de/10005666759
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Anti-Trust Policy and National Growth: Some Evidence from Italy
Allegra, Elisabetta; Forni, Mario; Grillo, Michele; … - C.E.P.R. Discussion Papers - 2004
downstream sectors, which often face tough international competition. Such firms lose market share, thus worsening the economic … performance of the country. We try to document the importance of this link between competition problems and growth by analysing … from competition problems perform worse in terms of net exports, export growth and output growth. …
Persistent link: https://www.econbiz.de/10005067650
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Environmental Innovation Policy and International Competition
Carraro, Carlo; Siniscalco, Domenico - C.E.P.R. Discussion Papers - 1991
competition, Bertrand and Cournot oligopoly) international competition forces the national government to subsidize innovation. The …
Persistent link: https://www.econbiz.de/10005666416
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Indian GDP Before 1870: Some Preliminary Estimates and a Comparison with Britain
Broadberry, Stephen N; Gupta, Bishnupriya - C.E.P.R. Discussion Papers - 2010
This paper provides estimates of Indian GDP constructed from the output side for the pre-1871 period, and combines them with population estimates to track changes in living standards. Indian per capita GDP declined steadily between 1600 and 1871. As British living standards increased from the...
Persistent link: https://www.econbiz.de/10008642893
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Industrial Policy and Competition
Aghion, Philippe; Dewatripont, Mathias; Du, Liqun; … - C.E.P.R. Discussion Papers - 2011
enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …
Persistent link: https://www.econbiz.de/10009359485
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Add-on Pricing, Naive Consumers, and the Hidden Welfare Costs of Education
Kosfeld, Michael; Schüwer, Ulrich - C.E.P.R. Discussion Papers - 2011
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
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The Evolution of Markets and the Revolution of Industry: A Quantitative Model of England's Development, 1300-2000
Desmet, Klaus; Parente, Stephen - C.E.P.R. Discussion Papers - 2009
critical size, and competition to reach a critical level of intensity. By allowing an economy to produce a greater variety of …
Persistent link: https://www.econbiz.de/10005041097