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model of the accidental bequest with endogenous fertility, we analyze the effects of a decrease in the old-age mortality …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
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 …
Persistent link: https://www.econbiz.de/10010928601
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
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
lower economic growth; and that the former also implies a reduction in per capita GDP, while the latter distorts the …
Persistent link: https://www.econbiz.de/10011071265
. Low levels of child mortality and son preferences also contribute to lower fertility. By contrast, general indicators of …There has been a significant decline in fertility in many parts of India since the early 1980s. This paper reexamines … the determinants of fertility levels and fertility decline, using panel data on Indian districts for 1981 and 1991. We …
Persistent link: https://www.econbiz.de/10010745825
The main purpose of this paper is to show how the labour market affects Spanish individual fertility decisions. Spain … is an interesting case due to its huge fertility decline. Our hypothesis is that precarious Spanish labour markets (i … hours) postpone first and second birth in any cohort, even accounting for any potential endogeneity between fertility and …
Persistent link: https://www.econbiz.de/10010745947
How big a boost to long run growth can countries expect from the ICT revolution? I use the results of growth accounting … and the insights from a two-sector growth model to answer this question. The use of a two-sector rather than a one … expected to fall in the future. According to the two-sector model, the main boost to growth comes from ICT use, not ICT …
Persistent link: https://www.econbiz.de/10010884516
uneven TFP growth in market and home production. The model can rationalize the observed falling or U-shaped pattern for …
Persistent link: https://www.econbiz.de/10010884523
We study a multi-sector model of growth with differences in TFP growth rates across sectors and derive sufficient … conditions for the coexistence of structural change, characterized by sectoral labor reallocation, and balanced aggregate growth … moves to low-growth sectors. In the limit all employment converges to two sectors, the slowest-growing consumption …
Persistent link: https://www.econbiz.de/10010884667