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The Impact of Poor Health on Total Factor Productivity
Neumayer, Eric; Cole, Matthew A. - EconWPA - 2003
A number of recent studies have illustrated the link between health and growth (Gallup and Sachs 2000, McCarthy et al …. 2000, Bhargava et al. 2000). This paper argues that a key mechanism through which health affects growth is via total factor … particular attention to three indicators of health that are particularly problematic in developing regions: malnutrition, malaria …
Persistent link: https://www.econbiz.de/10005413011
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TRUST OF MODERNITY, MODERNITY OF TRUST. CONSIDERATIONS AND RESEARCH HYPOTHESIS
CONTE, MASSIMO - EconWPA - 2005
NEED TO RECONSIDER OUR ACTIONS/DECISIONS WITH RISK AND TROUBLES, SO 'TRUSTING' IS GOING TO HAVE AN IMPORTANT ROLE AS … AND WE WONT TO AVOID THE RISK OF BEING DECEIVED. THESE SOCIAL INTERACTIONS ARE PRECONDITIONS THAT HAVE MANY CONSEQUENCES …
Persistent link: https://www.econbiz.de/10005126102
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Economic Implications of an Ageing Australia
Commission, Productivity - EconWPA - 2005
would be needed in key human service areas, such as health and aged care, where the pressures of an ageing population will …
Persistent link: https://www.econbiz.de/10005556842
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An Estimate of the Elasticity of Intertemporal Substitution in a Production Economy
Harashima, Taiji - EconWPA - 2005
The elasticity of intertemporal substitution (EIS) at the macro level has been estimated mostly based on endowment economy models and these estimates are very sensitive to the choice of interest rates that are used for estimation. Estimates based on production economy models do not need...
Persistent link: https://www.econbiz.de/10005126406
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THE NEW GROWTH THEORIES AND THEIR EMPIRICS, Discussion Paper in Economics, University of Glasgow, N. 2005-04 (http://www.gla.ac.uk/Acad/Economics
Capolupo, Rosa - EconWPA - 2005
The aim of this paper is to update the reviews on endogenous growth theories in order to explore whether recent empirical studies are more supportive of their main predictions. Among the core topics studied in the growth econometric framework, namely, convergence, identifications of growth...
Persistent link: https://www.econbiz.de/10005125606
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The Pro-cyclical R&D Puzzle: Technology Shocks and Pro-cyclical R&D Expenditure
Harashima, Taiji - EconWPA - 2005
Empirically R&D expenditure moves pro-cyclically, but the pro- cyclicality is a puzzle from the Schumpeterian point of view. The paper examines the cyclical property of R&D expenditure in the context of endogenous growth, and concludes that (i) substitutability between investing in physical...
Persistent link: https://www.econbiz.de/10005126375
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Endogenous Growth Models in Open Economies: A Possibility of Permanent Current Account Deficits
Harashima, Taiji - EconWPA - 2005
The paper explores the impacts of heterogeneity in degree of relative risk aversion on the balance on current account … heterogeneity in degree of relative risk aversion generates persisting current account deficits. The deficit continues permanently …, but its ratio to output stabilizes. With evidence that the degree of relative risk aversion in Japan is relatively higher …
Persistent link: https://www.econbiz.de/10005062580
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Signalling equilibrium, Intergenerational mobility and long-run growth
Raut, Lakshmi K. - EconWPA - 1996
This paper provides a signalling model of endogenous growth in which innate talents and education levels of workers drive the basic scientific knowledge and adoptive knowledge accumulation processes. Whether talented individuals get properly educated and are employed in the appropriate technical...
Persistent link: https://www.econbiz.de/10005062751
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Endogenous TFP and Cross-Country Income Differences
Cordoba, Juan Carlos; Ripoll, Marla - EconWPA - 2005
This paper explores the quantitative implications of a class of endogenous growth models for cross-country income differences. These models exhibit international spillovers, no scale effects and conditional convergence, and thus they overcome some difficulties faced by the early generation of...
Persistent link: https://www.econbiz.de/10005407660
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Wants and Past Knowledge: Growth Cycles with Emerging Industries
Horii, Ryo - EconWPA - 2005
This paper develops a theory of endogenous growth cycles focusing on the interaction between consumers' desire to …
Persistent link: https://www.econbiz.de/10005407691