Showing 1 - 10 of 137
or productivity. …
Persistent link: https://www.econbiz.de/10010899708
them and other workers. After showing how land constraints and the productivity dynamics outside agriculture might prevent …This paper questions the Lewis Path perspective of a "world without agriculture" which underpins the "structural …
Persistent link: https://www.econbiz.de/10010738957
the huge need of increasing the productivity in this sector. If increase in agriculture productivity requires both an …. After a long time of disinterest in the agriculture sector in Africa, several voices arise now in favour of greater efforts … towards this sector. Several studies tend to show the crucial role of agriculture in African countries' growth and highlight …
Persistent link: https://www.econbiz.de/10008835404
This article sheds light on the important differences in self-declared happiness across countries of similar affluence. It hinges on the different happiness statements of natives and immigrants in a set of European countries to disentangle the influence of objective circumstances versus...
Persistent link: https://www.econbiz.de/10010738792
This article examines the reaction function of labour market expenditure to the economic cycle and especially to the labour market situation in 24 OECD countries, over the period 1985 to 2010. The level of public debt is also introduced as a potential determinant of labour market policy...
Persistent link: https://www.econbiz.de/10011025603
Favoured by genetic engineering breakthroughs, a new type of firm has emerged in the pharmaceutical industry. New Biotechnology Firms (NBFs) are ‘bridging institutions', accelerating the commercialisation of science from academia to the pharmaceutical market and facilitating technological...
Persistent link: https://www.econbiz.de/10010899068
In this paper we consider a two-sector endogenous growth model where the productions of the final good and human capital require economy-wide external effects. Assuming constant returns to scale at the private and social levels, we show that local and global indeterminacy of equilibrium paths...
Persistent link: https://www.econbiz.de/10008794772
This paper examines the interplay between public education expenditure and economic growth in a two-sector model. We reveal that agents' preferences for services, education and savings play a major role in the relationship between growth and public education expenditures, as long as production...
Persistent link: https://www.econbiz.de/10010933849
Should a country invest more in human or physical capital? The present paper addresses this issue, considering the impact of different factor intensities between sectors on both optimal human and physical capital accumulation. Using a two-sector overlapping generations setting with endogenous...
Persistent link: https://www.econbiz.de/10010933853
We analyze sunspot-driven fluctuations in the standard 2-sector RBC model with moderate increasing returns to scale. We provide a detailed theoretical analysis enabling us to derive relevant bifurcation loci and to characterize the steady-state local stability properties as a function of various...
Persistent link: https://www.econbiz.de/10010933924