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 …

lower economic growth; and that the former also implies a reduction in per capita GDP, while the latter distorts the …

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 …

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. …

This paper investigates the impact of Information and Communication Technologies (ICT) on growth in an economy … incentives for investment for sectors using them, so the non-ICT using sector experiences sustained growth driven by capital … accumulation. Rates of growth across the three sectors differ, but the aggregate economy is on a balanced growth path with constant …

This paper develops an idea flows theory of trade and growth with heterogeneous firms. New firms learn from incumbent … and this complementarity generates endogenous growth without scale effects. On the balanced growth path, the productivity … distribution is a traveling wave with an increasing lower bound. Growth of the lower bound causes dynamic selection. Free entry …

This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has … guided that empirical analysis. The paper argues that recent studies of economic growth—both empirical and theoretical …—distinguish from previous work in three distinct ways:1. An explicit focus on cross-country growth and development experiences; 2 …

This paper studies the role of quality competition in endogenous growth and institutional factors which can affect … growth through affecting quality competition. The R&D-based growth literature as it stands attributes the incentives for … innovations to monopolist market structure, and regards the driving force of growth being 'the rent-pull'. This paper presents a …

evidence on media markets, knowledge transmission, and city growth across Europe 1450-1600. The paper construct- s …-level supply induced by heterogeneous manager deaths is used to identify the impact of print media on city-level population growth …. Local access to printed merchants' manuals used in business education was particularly associated with growth. New micro …