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Long-Run Convergence in Manufacturing and Innovation-Based Models

Madsen, Jakob B.; Timol, Isfaaq - Department of Econometrics and Business Statistics, … - 2010

Most studies of comparative productivities fail to find evidence of convergence in OECD manufacturing despite major … economic growth theories predicting convergence. Using manufacturing data for 19 OECD countries over the period from 1870 to … 2006 this study finds strong evidence of unconditional B-convergence as well as o-convergence. Panel data estimates suggest …

Persistent link: https://www.econbiz.de/10008492309

ECONOMIC GROWTH, TFP CONVERGENCE AND WORLD EXPORTS OF IDEAS: A CENTURY OF EVIDENCE

Madsen, Jakob B. - Department of Econometrics and Business Statistics, … - 2007

, together with knowledge spillovers through the channel of imports, has contributed significantly to TFP growth and Ïƒ-convergence …

Persistent link: https://www.econbiz.de/10005064137

Growth Convergence: Some Panel Data Evidence.

Lee, M.; Longmire, R.; Matyas, L.; Harris, M. - Department of Econometrics and Business Statistics, … - 1996

This paper implements a panel data approach of the Solow model to study the phenomenon of growth convergence for 22 … view, it is still possible to conclude that there is a likely convergence to a steady state of a rate about 2-4%. …

Persistent link: https://www.econbiz.de/10005087587

Output and Labor Market in Organised Manufacturing: A Panel Cointegration Analysis for India

Bhattacharya, Dr Mita; Narayan, Paresh Kumar - Department of Econometrics and Business Statistics, … - 2013

One of the policy puzzles faced in India during the last two and half decades has been the weak association between output and employment growth, particularly in the manufacturing sector. In this paper, we investigate the long-run relationship among output (measured in value added), wages...

Persistent link: https://www.econbiz.de/10010736878

PRODUCTIVITY SPILLOVERS IN INDIAN MANUFACTURING FIRMS

Bhattacharya, Mita; Chen, Jong-Rong; V, V. Pradeep … - Department of Econometrics and Business Statistics, … - 2008

Indian economic reform since early 1990s aims at improving productivity and competitiveness of major industries. The paper examines spillovers from foreign direct investment (FDI), research and development (R&D) and exporting activities on productivity both for foreign and domestic manufacturing...

Persistent link: https://www.econbiz.de/10005064164

THE PRODUCTIVITY-WAGE AND PRODUCTIVITYEMPLOYMENT NEXUS - A PANEL DATA ANALYSIS OF INDIAN MANUFACTURING

Bhattacharya, Mita; Narayan, Paresh K.; Popp, Stephen; … - Department of Econometrics and Business Statistics, … - 2009

This paper investigates the long-run relationship between labour productivity and employment, and between labour productivity and real wages in the case of the Indian manufacturing sector. The panel data set consists of 17 two-digit manufacturing industries for the period 1973-74 to 1999-2001....

Persistent link: https://www.econbiz.de/10005064193

THE ASIAN GROWTH MIRACLE: FACTOR ACCUMULATION, THE DEMOGRAPHIC TRANSITION AND R&D-DRIVEN GROWTH

Madsen, Jakob B.; Ang, James B. - Department of Econometrics and Business Statistics, … - 2013

The spectacular growth rates in the Asian miracle economies (AMEs) are often attributed to factor accumulation whilst ignoring the forces that have been responsible for it. Using data for six AMEs over the period from 1953 to 2009, this paper extends the conventional growth accounting exercise...

Persistent link: https://www.econbiz.de/10010681080

Growth Accounting for the Chinese Provinces 1990-2000: Incorporating Human Capital Accumulation

Qian, Xiaolei; Smyth, Russell - Department of Econometrics and Business Statistics, … - 2005

This paper examines the linkage between aggregate real output, capital, labour, education, and productivity within a growth accounting framework for 27 Chinese provinces between 1990 and 2000. The results suggest that human capital has had a significant role in facilitating economic growth of...

Persistent link: https://www.econbiz.de/10005064095

R&D Intensity, Technology Transfer and Absorptive Capacity

Islam, Md. Rabiul - Department of Econometrics and Business Statistics, … - 2009

In the line of Schumpeterian fully endogenous growth theory, this study attempts to investigate whether differences in research intensity as well as absorptive capacity help to explain cross-country differences in productivity growth in a panel of 55 sample countries including 23 OECD and 32...

Persistent link: https://www.econbiz.de/10005064052

Are modern financial systems shaped by state antiquity?

Ang, James B. - Department of Econometrics and Business Statistics, … - 2013

We demonstrate that existing differences in financial development between countries can be explained by the cumulative variations in their levels of state experience since 1 AD. This dimension of early historical development has not been considered so far in studies that analyze the determinants...

Persistent link: https://www.econbiz.de/10010861717