Showing 1 - 10 of 112
Is tourism an opportunity for lagging countries in the elusive quest for growth (Easterly, 2002)? Recent empirical evidence suggests that the answer is a cautious yes. Aggregate cross-country data show that tourism specialization is likely to be associated with higher per capita GDP growth rates...
Persistent link: https://www.econbiz.de/10008489588
This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP … results are robust to the use of different estimation procedures such as simple LSDV, Kiviet-corrected LSDV, and GMM à la …
Persistent link: https://www.econbiz.de/10005385411
Do intermediate goods help explain relative and aggregate productivity differences across countries? Three observations … depresses aggregate productivity and increases the price ratio of final goods to services. Applying the model to data for middle … intermediate production efficiency of the US, the aggregate productivity gap between the lowest and highest income countries in the …
Persistent link: https://www.econbiz.de/10009421237
We investigate the relationship between diversity and productivity in Europe using an original dataset covering the … consumption through positive or negative externalities, the joint estimation of price and income equations is needed to identify … the dominant effect. Based on this methodology, we find that diversity is positively correlated with productivity …
Persistent link: https://www.econbiz.de/10004987242
Specializing in tourism is an option available to a number of less developed countries and regions. But is it a good option? To answer this question, we have compared the relative growth performance of 14 “tourism countries” within a sample of 143 countries, observed during the period...
Persistent link: https://www.econbiz.de/10005423168
In this paper we study the problem of exhaustible resources and renewable resources in a theoretical endogenous growth framework, under various assumptions. In particular, we consider the hypotheses that those two inputs are or are not technologically perfect substitutes of each other. Moreover,...
Persistent link: https://www.econbiz.de/10005392545
. We investigate the potential bias induced by such approaches by using a large panel of farm-level data. Consistent with … effects of temperature and precipitation. Model estimation is implemented on data aggregated across counties or large regions …
Persistent link: https://www.econbiz.de/10010732283
determinants of the labor productivity growth for the manufacturing sector of some developed economies (Western European Countries … returns to scale. Capital growth and labor cost growth do not appear important in explaining productivity growth. The …
Persistent link: https://www.econbiz.de/10010904900
Total factor productivity growth (TFPG) has been traditionally associated with technological change. We show that when …
Persistent link: https://www.econbiz.de/10005008027
energy and capital productivity whereas technical change for labour is positively related to education expenditure. Therefore …
Persistent link: https://www.econbiz.de/10005012140