Showing 1 - 10 of 29
Some natural resources—oil and minerals in particular—exert a negative and nonlinear impact on growth via their …
Persistent link: https://www.econbiz.de/10005772190
Regulations that constrain firms' externalities in one dimension can distort incentives and worsen externalities in other dimensions. In Peru's industrial fishing sector, the world's largest, fishing boats catch anchovy that plants along the coast convert into fishmeal. Matching administrative,...
Persistent link: https://www.econbiz.de/10011195693
annual growth rate of labor productivity can be explained as an endogenous response to an exogenous 0.2 percent annual growth …
Persistent link: https://www.econbiz.de/10005772058
The Industrial Revolution was characterized by technological progress and an increasing capital intensity. Why did real wages stagnate or fall in the beginning? I answer this question by modeling the Industrial Revolution as the introduction of a relatively more capital intensive production...
Persistent link: https://www.econbiz.de/10005772247
Applying the competing--risks model to multi--cause mortality, this paper provides a theoretical and empirical investigation of the positive complementarities that occur between disease--specific policy interventions. We argue that since an individual cannot die twice, competing risks imply that...
Persistent link: https://www.econbiz.de/10005772551
unsuccessful to achieve high standards of economic growth allows us to combine the micro historical analysis (in the Catalan case …
Persistent link: https://www.econbiz.de/10005704932
The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of … robust determinants of economic growth reported by Sala-i-Martin, Doppelhofer and Miller (2003) and project the annual growth …
Persistent link: https://www.econbiz.de/10005704943
that leads to the stabilization of concentrations at 450 ppm. (2) North and South converge to a path of sustained growth at … year while South’s rates of growth are markedly higher. The transition paths require a drastic reduction of the share of … education in South. Surprisingly, in order to sustain North’s utility growth rate, some output must be transferred from South to …
Persistent link: https://www.econbiz.de/10008680902
both an engine of growth and a potential barrier to it. As a result, growth is an inverse U-shaped function of the … standardization rate (and of competition). Second, we characterize the growth and welfare maximizing speed of standardization. We show …
Persistent link: https://www.econbiz.de/10010849616
We study a dynamic model where growth requires both long-term investment and the selection of talented managers. When …
Persistent link: https://www.econbiz.de/10010849627