Showing 1 - 10 of 331
This paper tries to understand the structural transformation in a global world. While employment and output have shifted out of the industrial sector and into services in the G7 countries, the majority of world manufacturing employment is now located in the developing countries of Asia,...
Persistent link: https://www.econbiz.de/10011124022
Are open economies characterized by superior economic performance in the long-run? This paper revisits this important question from the point of the view of unified growth theory. Contrary to other recent attempts to study this question, the paper considers two distinct channels through which...
Persistent link: https://www.econbiz.de/10011124125
under-development; despite the lack of non-convexities. …
Persistent link: https://www.econbiz.de/10005063382
This paper develops a dynamic general equilibrium model of North-South trade and economic growth in a world economy with a continuum of countries. Countries are different in research productivity. Innovation, imitation and the relative wage between countries are endogenously determined as well...
Persistent link: https://www.econbiz.de/10005650484
We collect time-use data for entrepreneurs and their workers in over 1,000 manufacturing firms in urban Uganda. We document limited labor specialization within the firm for establishments of all sizes and argue that this is likely due to the prevalence of product customization. We then develop a...
Persistent link: https://www.econbiz.de/10014372497
This research examines the determinants of entrepreneurship in the initial transition from agriculture to industrial production and the subsequent transition to higher value exporting in China. Using data covering the universe of registered firms over the 1994-2009 period, we find that...
Persistent link: https://www.econbiz.de/10014322864
The expansion in farm size is an important contributor to agricultural productivity in developed countries, but the reallocation process is hindered in less developed economies. How do distortions to factor reallocation affect farm dynamics and agricultural productivity? We develop a model of...
Persistent link: https://www.econbiz.de/10014226182
We document a process of rapid tertiarization of the Chinese economy since 2005. The employment and value-added shares of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in the service sector than in the manufacturing sector....
Persistent link: https://www.econbiz.de/10013334489
How should industrial policies be directed to reduce distortions and foster economic development? We study this … the most cost-effective instrument for promoting economic development …
Persistent link: https://www.econbiz.de/10014512084
The importance of strengthening the human development (HD) achievements in a country to augment its growth potential is … well known in development literature. Several initiatives to enhance the HD level have been introduced in India in recent … methodology adopted in the National Human Development Report 2001 has been applied for constructing the Human Development Index …
Persistent link: https://www.econbiz.de/10011133170