Showing 1 - 10 of 80
This paper examines the causality relationship between immigration, unemployment and economic growth of the host … (France, Iceland, Norway and the United Kingdom), growth positively causes immigration, whereas in any country, immigration … does not cause growth. …
Persistent link: https://www.econbiz.de/10010641422
scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous … growth model that reconciles the current aggregate trends in energy use and productivity growth with the intertemporal …While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource …
Persistent link: https://www.econbiz.de/10010586070
We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location … and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy … plays must first boom and then bust. For both renewable and non-renewable energy sources we link the size of exploitation …
Persistent link: https://www.econbiz.de/10010634077
development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density … power. The challenge is how to make the rising demand for economic growth, mainly coming from developing and emerging … countries, compatible with the sustainability of the processes concerning the Earth system. Mainly by focusing on the energy …
Persistent link: https://www.econbiz.de/10010877706
The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon …
Persistent link: https://www.econbiz.de/10008572565
After a decade of research on the relationship between institutions and growth, scholars in this field seem to be … divided. Economic institutions perform well in growth regressions and a body of literature argues that this supports the key … literature describes are the more stable political institutions, and these have been found to play no role in empirical growth …
Persistent link: https://www.econbiz.de/10009021242
In most monetary models of economic growth, higher long-run inflation is associated with a decline in the growth rate …. We consider three types of endogenous growth models: 1) the AK-model, 2) the Lucas (1990) supply-side model, and 3) the … inflation results in lower growth and employment in all three models, while, in the cash-credit good economy of Dotsey and …
Persistent link: https://www.econbiz.de/10009371355
Existing growth research provides little explanation for the very large differences in long-run growth performance … across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of … economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible …
Persistent link: https://www.econbiz.de/10008727279
We analyze how the threat of a potential future regime shift affects optimal management. We use a simple general growth …
Persistent link: https://www.econbiz.de/10008727304
We explore the impact of large banks and of financial openness for aggregate growth. Large banks matter because of …-level do not cancel out in the aggregate but can affect macroeconomic outcomes. Financial openness may affect GDP growth in and …. Second, financial openness lowers GDP growth. Third, granular effects tend to be stronger in financially closed economies. …
Persistent link: https://www.econbiz.de/10010690375