Showing 1 - 10 of 62
This paper examines the evidence for regional convergence or catch-up in levels and growth rates of per capita income …, Re-Weighted Least Squares, and Least Trimmed Squares - establish that unconditional convergence in growth rates does not …
Persistent link: https://www.econbiz.de/10010605213
have occurred frequently in the recent past.  Unsurprisingly, adverse shocks reduce the short-term growth of constant … growth loss from adverse non-agricultural export price shocks and so are particularly ill-suited to mineral exporting …
Persistent link: https://www.econbiz.de/10011004466
During the past decade or so empirical literature on comparative development of nations has turned to investigation of "deep" or determinants of productivity and capital intensity, such as institutions, trade, geography and human capital.  In this paper I revisit this debate and make three...
Persistent link: https://www.econbiz.de/10005047970
We study the effects of greenhouse gas emissions on optimum growth and climate policy by using an endogenous growth … leads to suboptimal carbon taxes and suboptimal growth and resource extraction. …
Persistent link: https://www.econbiz.de/10011183193
.  Our multi-region model of growth and climate change indicates that without international lump-sum transfers the …
Persistent link: https://www.econbiz.de/10011183198
trade in explaining British living standards or growth rates.  We construct a three-region model of the world in which ….  This contrast is robust to a large range of parameter perturbations.  Biased technological change and population growth …
Persistent link: https://www.econbiz.de/10011194334
We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … growth rates is consistent with the main implication of certain endogenous growth models, such as the AK model. …
Persistent link: https://www.econbiz.de/10010604939
What are the sources of productivity growth? Economic theory offers a panoply of explanations, considering the effects …
Persistent link: https://www.econbiz.de/10005047920
particular the evolution of wages and employment across sectors.  We find that wage growth in the agriculture sector is … significantly higher in earthquake affected areas.  We propose two mechanisms for this result: a higher growth rate of the price of …
Persistent link: https://www.econbiz.de/10011159008
the optimal path is characterized by a constant growth rate of consumption and the capital stock until a shock arrives … intensity of emissions.  A sharp response of the optimum growth rate and the abatement share to changes in the arrival rate and … subsequently extend the baseline model by adding climate-induced fluctuations around the growth trend and stock-pollution effects …
Persistent link: https://www.econbiz.de/10011183192