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Productivity growth, knowledge flows and spillovers

Crespi, Gustavo; Criscuolo, Chiara; Haskel, Jonathan E.; … - London School of Economics (LSE) - 2007

three questions (a) What is the source of knowledge flows? (b) To what extent do such flows contribute to productivity …

Persistent link: https://www.econbiz.de/10011071306

ENDOGENOUS GROWTH AND THE PROCYCLICAL BEHAVIOUR OF PRODUCTIVITY.

BEAN, C. - London School of Economics (LSE) - 1989

Persistent link: https://www.econbiz.de/10005625922

Is Poland the next Spain?

Caselli, Francesco; Tenreyro, Silvana - London School of Economics (LSE) - 2005

We revisit Western Europe’s record with labor-productivity convergence, and tentatively extrapolate its implications … higher rates of physical capital accumulation and greater total factor productivity gains. These (relatively) high rates of …. Coupled with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long …

Persistent link: https://www.econbiz.de/10010745276

Undermining the principle of concentration?: European Union regional policy and the socio-economic disadvantage of European regions

Crescenzi, Riccardo - London School of Economics (LSE) - 2009

This paper sets out to analyse the regional policy of the European Union by assessing whether the actual distribution of funds to the regions undermines the principle of territorial concentration. The empirical analysis shows that, due to either political equilibriums or inaccurate assumptions...

Persistent link: https://www.econbiz.de/10010745669

Education, inequality and income inequality

Checchi, Daniele - London School of Economics (LSE) - 2001

In this paper we propose to measure inequality of educational achievements by constructing a Gini index on educational attainments. We then use the proposed measure to analyse the relationship between inequality in incomes and educational achievements (in terms of both the average attainments...

Persistent link: https://www.econbiz.de/10010745976

Irreversible investment with uncertainty and scale economies

Dixit, Avinash - London School of Economics (LSE) - 1992

This paper analyses optimal irreversible investment policy when profits are subject to a multiplicative geometric Brownian motion shock. The marginal product of capital is increasing initially and decreasing thereafter. In the latter range, optimal policy is familiar: capacity is added gradually...

Persistent link: https://www.econbiz.de/10010746585

Economic growth evens-out happiness: evidence from six surveys

Clark, Andrew E.; Flèche, Sarah; Senik, Claudia - London School of Economics (LSE) - 2014

In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has fallen in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the “very unhappy” and the...

Persistent link: https://www.econbiz.de/10011126047

Infrastructure and regional growth in the European Union

Crescenzi, Riccardo; Rodríguez-Pose, Andrés - London School of Economics (LSE) - 2012

Transport infrastructure has represented one of the cornerstones of development and cohesion strategies in the European Union (EU) and elsewhere in the world. However, despite the considerable funds devoted to it, its impact remains controversial. This paper revisits the question of to what...

Persistent link: https://www.econbiz.de/10011126112

Adaptation to climate change and economic growth in developing countries

Millner, Antony; Dietz, Simon - London School of Economics (LSE) - 2015

Developing countries are vulnerable to the adverse effects of climate change, yet there is disagreement about what they should do to protect themselves from antic- ipated damages. In particular, it is unclear what the optimal balance is between investments in traditional productive capital...

Persistent link: https://www.econbiz.de/10011126276

Is fiscal decentralization harmful for economic growth?: evidence from the OECD countries

Rodríguez-Pose, Andrés; Ezcurra, Roberto - London School of Economics (LSE) - 2010

The global drive towards decentralization has been increasingly justified on the basis that greater transfers of resources to subnational governments are expected to deliver greater efficiency in the provision of public goods and services and greater economic growth. This article examines...

Persistent link: https://www.econbiz.de/10011126574