Este trabajo parte de la idea de que la reproducción del subdesarrollo brasileño se explica por la persistencia de un conjunto de elementos que operan como obstáculos de carácter estructural, a los que nos referimos con el nombre de límites estructurales al desarrollo económico....

In this article, we propose a simple Post Keynesian model so as to test whether French economy is wage or profit-led i.e. whether a wage share increase has a negative or positive impact on economic growth. In that perspective, we estimate econometrically the three behaviour equations of our...

This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...

In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has dropped in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the "very unhappy" and the "perfectly...

Recent research highlights that countries differ with respect to their experience with capital flows and do not systematically gain from capital account liberalization. This paper is related to the empirical literature that investigates the particular conditions under which international...

We consider the effect of export sophistication on economic performance using regional variations within a single country (China) over the period 1997-2009. We confirm Hausmann, Hwang and Rodrik (2007)'s prediction that regions that specialize in more sophisticated goods subsequently grow...

This paper reexamines an important early contribution to the growth literature highlighted in 2000 by Cannon in the American Economic Review: "The production function in allocation and growth: A synthesis" by Marvin Frankel in 1962. First this contribution provides a formal proof in the...

Few papers have analysed the consequences of low climate stabilisation. Most models and scenarios assume that future trends in global GDP will be similar to the growth experienced in the past century, which would imply multiplying current output nineteen-fold in this century. However, natural...

The goal of this paper is to (re)assess the relationship between knowledge intensive busi- ness services (KIBS) and the economic growth. Taking into account various conflicting relationships between KIBS and growth, we build a multi agent-based system involving industrial firms,...

We study the optimal dynamics of an AK economy where population is uniformly distributed along the unit circle. Locations only differ in initial capital endowments. Spatio-temporal capital dynamics are described by a parabolic partial differential equation. The application of the maximum...