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Structural Change, Urban Congestion, and the End of Growth
Grossmann, Volker - CESifo - 2011
This paper develops a two-sector R&D-based growth model with congestion effects from increasing urban population density. We show that endogenous technological progress causes structural change if there are positive productivity spillovers from the modern to the traditional sector and Engel’s...
Persistent link: https://www.econbiz.de/10009367391
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Capital-Labor Substitution, Structural Change and the Labor Income Share
Alvarez-Cuadrado, Francisco; Long, Ngo Van; Poschke, Markus - CESifo - 2014
Long run economic growth goes along with structural change. Recent work has identified explanatory factors on the demand side (non-homothetic preferences) and on the supply-side, in particular differential productivity growth across sectors and differences in factor proportions and capital...
Persistent link: https://www.econbiz.de/10010736748
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Growth Effects of Spatial Redistribution Policies
Arcalean, Calin; Glomm, Gerhard; Schiopu, Ioana Cosmina - CESifo - 2012
Regional income disparities have increased in many European countries recently, even as national and supra-national policy instruments were created to correct them. To explain these evolutions, we develop a two-region, two-sector model with migration and public investment in infrastructure and...
Persistent link: https://www.econbiz.de/10009645644
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Structural Change in OECD Comparative Advantage
Brakman, Steven; Inklaar, Robert; Marrewijk, Charles van - CESifo - 2010
In the post-war period, the goods composition of trade in OECD countries has changed considerably. We analyze the evolution of comparative advantage using a detailed trade data set and a new analytical tool: the harmonic (weighted) mass index, which enables us to identify periods of structural...
Persistent link: https://www.econbiz.de/10008572491
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Dualism and Cross-Country Growth Regressions
Temple, Jonathan; Woessmann, Ludger - CESifo - 2004
This paper examines whether growth regressions should incorporate dualism and structural change. If there is a differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total factor productivity. The paper develops empirical growth...
Persistent link: https://www.econbiz.de/10005181232
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Roles of Social Conformity in Deviance in Poverty: A Study on Working Poverty and Educational Investment in Bangladesh
Bhattacharyay, Biswa N.; Gangopadhyay, Partha; Rahman, … - CESifo - 2013
In recent decades the Indian subcontinent has displayed remarkable invariance in the incidence of working poverty despite strong economic performance. It is widely held that education can rescue households from various types of poverty traps created by information problems and incorrect...
Persistent link: https://www.econbiz.de/10010693470
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Catastrophic Medical Expenditure Risk
Flores, Gabriela; O'Donnell, Owen - CESifo - 2013
Medical expenditure risk can pose a major threat to living standards. We derive decomposable measures of catastrophic medical expenditure risk from reference-dependent utility with loss aversion. We propose a quantile regression based method of estimating risk exposure from cross-section data...
Persistent link: https://www.econbiz.de/10010693478
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Economy Wide Impact of the Trade Integration between Japan and India: A Computable General Equilibrium Analysis
Bhattacharyay, Biswa Nath; Mukhopadhyay, Kakali - CESifo - 2013
Japan and India signed the much-awaited Comprehensive Economic Partnership Agreement (CEPA) on 16th February 2011. The CEPA will eliminate tariff on goods that account for 94% of their two way trade over ten years and will boost bilateral trade and investment. Indian exports which were subject...
Persistent link: https://www.econbiz.de/10010732348
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Understanding the Latest Wave and Future Shape of Regional Trade and Cooperation Agreements in Asia
Bhattacharyay, Biswa N. - CESifo - 2006
Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high … growth rates, Asia is still facing considerable socio-economic challenges. If Asia is to reemerge as a major power in the … region’s economies more integrated regionally and internationally. Following the recent global trend, Asia witnessed a wave …
Persistent link: https://www.econbiz.de/10005406449
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Guest-Worker Migration, Human Capital and Fertility
Azarnert, Leonid V. - CESifo - 2011
This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth distribution. The article demonstrates that the possibility of a low-skilled guest-worker employment in a higher wage foreign country lowers the relative attractiveness of the skilled...
Persistent link: https://www.econbiz.de/10009020797