Showing 1 - 10 of 86
The paper concentrates on the question whether the low level of productivity in East Germany can be explained by … younger cohorts. This impedes a fast convergence in productivity between East and West Germany. …
Persistent link: https://www.econbiz.de/10005755231
intertemporal global welfare maximization. Convergence of the growth rates of technical change in the North and South always occurs …
Persistent link: https://www.econbiz.de/10005818868
This paper analyzes a stylized model of international capital mobility and diffusion of embodied technologies from North to South. The South can fall behind in terms of technologies or get trapped in a situation, in which it is unable to attract foreign capital and embodied technologies, if its...
Persistent link: https://www.econbiz.de/10005076090
Based on original survey data, this paper analyses and compares the role of personal traits and social capital in determining entrepreneurial intentions of students in Hong Kong and in Guangzhou (mainland China). The two cities are culturally closely related but differ strongly with respect to...
Persistent link: https://www.econbiz.de/10010886865
Aphorisms that "Rising tides raise all boats" or that material advances of the rich eventually "Trickle Down" to the poor are really maxims regarding the nature of stochastic processes that underlay the income/wellbeing paths of groups of individuals. This paper looks at the implications for the...
Persistent link: https://www.econbiz.de/10010956065
In this work we update the reviews on endogenous growth theories, after two decades of theoretical and empirical … core topics studied in the growth econometric framework, namely, convergence, identification of growth determinants and … factors responsible for growth differences in the data, the primary focus of this paper is on the last two. We will review …
Persistent link: https://www.econbiz.de/10005083353
The aim of this paper is to provide an overview of empirical cross-country growth literature. The paper begins with … describing the basic framework used in recent empirical cross-country growth research. Even though this literature was mainly … inspired by endogenous growth theories, the neoclassical growth model is still the workhorse for cross-country growth empirics …
Persistent link: https://www.econbiz.de/10009294882
from the traditional neoclassical growth model. In turn, they seem to support new theories of economic growth which are … growth model. …
Persistent link: https://www.econbiz.de/10009367367
Substantive - that have emerged in the empirical literature on international per-capita income and productivity convergence. On … fallacies and (ii) not really helpful for discriminating between neoclassical and endogenous growth models. …
Persistent link: https://www.econbiz.de/10009277800
on domestic productivity. The domestic R&D capital stock plays an active role in Western Europe while in the Eastern part … is much less important. Human capital has an overall robust positive influence on TFP. The results confirm that … transition countries seem to gain more in terms of productivity from the international diffusion process than their Western …
Persistent link: https://www.econbiz.de/10005755110