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Caselli, Francesco; Tenreyro, Silvana - London School of Economics (LSE) - 2005

We revisit Western Europe’s record with labor-productivity convergence, and tentatively extrapolate its implications … capital accumulation and TFP growth reflect convergence along two margins. One margin (between industry) is a massive …. Coupled with the fact that within-industry productivity gaps are enormous, this suggests that convergence will take a long …

Persistent link: https://www.econbiz.de/10010745276

Adaptation to climate change and economic growth in developing countries

Millner, Antony; Dietz, Simon - London School of Economics (LSE) - 2015

Developing countries are vulnerable to the adverse effects of climate change, yet there is disagreement about what they should do to protect themselves from antic- ipated damages. In particular, it is unclear what the optimal balance is between investments in traditional productive capital...

Persistent link: https://www.econbiz.de/10011126276

Productivity growth, knowledge flows and spillovers

Crespi, Gustavo; Criscuolo, Chiara; Haskel, Jonathan E.; … - London School of Economics (LSE) - 2007

This paper explores the role of knowledge flows and TFP growth by using direct survey data on knowledge flows linked to firm-level TFP growth data. Our knowledge flow data correspond to the kind of information flows often argued, especially by policy-makers, as important, such as within the...

Persistent link: https://www.econbiz.de/10011071306

The asymmetric experience of positive and negative economic growth: global evidence using subjective well-being data

De Neve, Jan-Emmanuel; Ward, George W.; de Keulenaer, Femke - London School of Economics (LSE) - 2014

Are individuals more sensitive to losses than gains in macroeconomic growth? Using subjective well-being measures across three large data sets, we observe an asymmetry in the way positive and negative economic growth are experienced, with losses having more than twice as much impact on...

Persistent link: https://www.econbiz.de/10011206863

A Dynamic Shift Share Analysis of Economic Growth in West Virginia

Herath, Janaranjana; Gebremedhin, Tesfa; Maumbe, Blessing - Regional Research Institute (RRI), West Virginia University - 2010

A regional economy consists of industries with a variety of economic potentials. A growth or decline in any of these sectors affects the overall growth of the economy. Analysis of economic growth by sector of a particular region helps policy makers, community leaders and researchers in better...

Persistent link: https://www.econbiz.de/10010929329

An Empirical Analysis of the Link between Entrepreneurship and Economic Growth in West Virginia

Mojica, Maribel; Gebremedhin, Tesfa; Schaeffer, Peter - Regional Research Institute (RRI), West Virginia University - 2009

Entrepreneurship variables constructed from county-level proprietorship and firm birth data were included in an endogenous growth model to determine the relationship between entrepreneurship and economic growth in West Virginia. The empirical estimates using weighted least squares (WLS) and...

Persistent link: https://www.econbiz.de/10010929337

Telecommunications Investment and Economic Development: Evidence from a Panel of Sub-Saharan Africa (SSA)

Nondo, Chali; Kahsai, Mulugeta - Regional Research Institute (RRI), West Virginia University - 2011

The objective of this paper is to study the role of government effectiveness, institutional and political factors in aggregate output and telecommunications penetration in SSA countries. The contribution of these factors in aggregate output and telecommunications evolution is examined using a...

Persistent link: https://www.econbiz.de/10010929353

An Empirical Analysis of the Interactions Between Environmental Regulations and Economic Growth

Nondo, Chali; Schaeffer, Peter; Gebremedhin, Tesfa; … - Regional Research Institute (RRI), West Virginia University - 2010

The purpose of this research is to examine the relationship between environmental regulation and economic growth. A four-equation regional growth model is used to analyze the simultaneous relationships among changes in population, employment, per capita income, and environmental regulations for...

Persistent link: https://www.econbiz.de/10010929354

The Role of Small Business in Economic Growth and Poverty Alleviation in West Virginia: An Empirical Analysis

Gebremariam, Gebremeskel; Gebremedhin, Tesfa; Jackson, … - Regional Research Institute (RRI), West Virginia University - 2004

The main objective of the study is to empirically evaluate the critical roles of small businesses in economic growth and poverty alleviation in West Virginia. In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A strong inverse...

Persistent link: https://www.econbiz.de/10010929360

Undermining the principle of concentration?: European Union regional policy and the socio-economic disadvantage of European regions

Crescenzi, Riccardo - London School of Economics (LSE) - 2009

This paper sets out to analyse the regional policy of the European Union by assessing whether the actual distribution of funds to the regions undermines the principle of territorial concentration. The empirical analysis shows that, due to either political equilibriums or inaccurate assumptions...

Persistent link: https://www.econbiz.de/10010745669