This study employs the pseudo-panel approach to estimate returns to education among income earners in Sri Lanka.  Pseudo-panel data are constructed from nine repreated cross-sections of Sri Lanka’s Labor Force Survey data from 1997-2008 for workers born during 1953-1974.  The results...

Using data for 128 countries we document low (high) elasticities of agricultural output with respect to labor in economies within temperate (tropical/highland) climate zones.  Adopting a standard model of structural change we show that this technology heterogeneity determines the speed of...

Schooling is typically found to be highly correlated with individual earnings in African countries.  However, African firm or sector level studies have failed to identify a similarly strong effect for average worker schooling levels on productivity.  This has been interpreted as evidence that...

This paper investigates two channels through which research and development (R&D) and human capital may affect regional total factor productivity growth in the manufacturing sector, using panel data on 159 EU-15 regions from 1992 to 2005.  Based on the endogenous growth model of Griffith,...

We investigate the impact of short-term weather and long-term climate on self-reported life satisfaction using panel data. We find robust evidence that day-to-day weather variation impacts life satisfaction by a similar magnitude to acquiring a mild disability. Utilizing two sources of variation...

The Cross-country growth literature commonly uses aggregate economy datasets such as the Penn World Table (PWT) to estimate homogeneous production function or convergence regression models.  Against the background of a dual economy framework this paper investigates the potential bias arising...

In this paper we ask how technological differences in manufacturing across countries can best be modeled when using a standard production function approach.  We show that it is important to allow for differences in technology as measured by differences in parameters.  Of similar importance are...

Cobb Douglas production function parameters are not identified from cross-section variation when inputs are perfectly flexible and chosen optimally, and input prices are common to all firms. We consider the role of adjustment costs for inputs in identifying these parameters in this context. The...

Despite the well-documented increase in the relative wages and expenditures of highly-educated individuals in the U.S. in recent decades, leisure inequality mirrors inequality of wages, i.e. we observe that highly-educated individuals have now relatively less leisure time than lower-educated...

The distribution dynamics of incomes across Indian states are examined using the entire income distribution rather than using standard regression approaches. The period 1965 to 1997 exhibits twin-peaked dynamics: there are two income convergence clubs at 50% and 125% of the national average...