Showing 1 - 10 of 39
This paper addresses two hot topics of the contemporary debate, social capital and economic growth. Our theoretical analysis sheds light on decisive but so far neglected issues: how does social capital accumulate over time? Which is the relationship between social capital, technical progress and...
Persistent link: https://www.econbiz.de/10005008018
Using data on a panel of 56 democratic countries in the period 1975-2004, we find evidence of a negative association between political stability and economic growth which is stronger and empirically more robust in countries with high bureaucratic costs. Motivated by these results, which contrast...
Persistent link: https://www.econbiz.de/10008502103
In order to activate the cycle of wealth production, promote social justice and eliminate poverty and inequality …
Persistent link: https://www.econbiz.de/10008465543
longevity of its citizens both influences and is influenced by the process of economic development. We propose a three periods … incentives of individuals and different schemes of political aggregation of preferences. The model produces multiple development …
Persistent link: https://www.econbiz.de/10005570325
We develop an endogenous growth model to study the long run consequences of offshoring with firm heterogeneity and incomplete contracts. In so doing, we model offshoring as the geographical fragmentation of a firm’s production chain between a home upstream division and a foreign downstream...
Persistent link: https://www.econbiz.de/10004987239
Increasing oil security represents one of the most important policy actions, especially within IEA countries. Short and … of national storage systems, with the institution of public and private agency, a wider co-ordinated use of security … stocks, and an increase in the physical amount of oil stocks. Long term measures for enhancing oil supply security can be …
Persistent link: https://www.econbiz.de/10005230805
This paper studies the impact of a large emigration wave on real wages in the source country. Following EU enlargement in 2004, a large share of the workforce of the Central and Eastern Europe emigrated to Western Europe. Using data from Lithuania for the calibration of a factor demand model I...
Persistent link: https://www.econbiz.de/10009421229
In the current age of trade and financial openness, local economies in developing countries are becoming increasingly exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide an insight into the interaction between external...
Persistent link: https://www.econbiz.de/10008674328
In this paper we analyze the response of career, employment and wage of native Europeans to immigration. We then ask how individual country’s policies affect these responses. We use data on 11 EU countries, over the period 1995-2001. We also use the 1991 distribution of immigrants by...
Persistent link: https://www.econbiz.de/10010813785
Following a representative longitudinal sample of native European residents, over the period 1995-2001, we identify the effect of the inflows of immigrants on their career, employment and wages. We use the 1991 distribution of immigrants by nationality across European labor markets to construct...
Persistent link: https://www.econbiz.de/10010781887