Showing 1 - 10 of 103
productivity but not necessarily on its long run growth rate. I therefore predict that the UK will eventually return to the growth …The productivity performance of the UK economy in the period 1990-2007 was excellent. Based entirely on pre-crisis data …, and using a two-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p …
Persistent link: https://www.econbiz.de/10011126541
productivity in the UK while leaving the long run growth rate unaffected. Based entirely on pre-crisis data, and using a two …-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p.a. Based on a cross …
Persistent link: https://www.econbiz.de/10011126620
This paper adopts a counterfactual decomposition analysis to analyse cross-country differences in the size of household …
Persistent link: https://www.econbiz.de/10011126314
This article is a comparative analysis of the sources of income inequality in four countries, namely Japan, South Korea, Taiwan and the United Kingdom. It relies upon decompositions of inequality measures by population groups and income sources (except for Japan because of data limitations)....
Persistent link: https://www.econbiz.de/10011126601
, education, and skills for consumption (rather than production) - can importantly affect patterns of economic growth and …
Persistent link: https://www.econbiz.de/10010884693
This paper develops a model of economic growth and activity locating endogenously on a 3- dimensional featureless … global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and … converges towards egalitarian growth. Equality is stable but spatial inequality is needed to attain it. …
Persistent link: https://www.econbiz.de/10010884745
This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended … rate on the equilibrium growth rate as well as on the income distribution. We show that the relationship between growth and …
Persistent link: https://www.econbiz.de/10010928630
personal characteristics, country and year fixed effects, more freedom and economic growth both reduce revolutionary support …. To reduce support by the same amount requires adding 14 percentage points on to the GDP growth rate. Being Muslim in a …
Persistent link: https://www.econbiz.de/10010928706
estimates of the tax_price elasticity of R&D and the effect of R&D on productivity. For the latter we allow R&D to have an …
Persistent link: https://www.econbiz.de/10010928789
The Long-Term Consequences of Regional Specialization* What are the consequences of resource-based regional specialization, when it persists over a long period of time? While much of the literature argues that specialization is beneficial, recent work suggests it may be costly in the long run,...
Persistent link: https://www.econbiz.de/10010744966