Narrow search
Showing 1 - 10 of 1,393
Cover Image
Global Universal Basic Skills : Current Deficits and Implications for World Development
Gust, Sarah; Hanushek, Eric Alan; Woessmann, Ludger - National Bureau of Economic Research - 2022
How far is the world away from ensuring that every child obtains the basic skills needed to be internationally competitive? And what would accomplishing this mean for world development? Based on the micro data of international and regional achievement tests, we map achievement onto a common...
Persistent link: https://www.econbiz.de/10013435128
Cover Image
Structural Change Within versus Across Firms : Evidence from the United States
Ding, Xiang; Fort, Teresa C.; Redding, Stephen; Schott, … - National Bureau of Economic Research - 2022
We document the role of intangible capital in manufacturing firms' substantial contribution to non-manufacturing employment growth from 1977-2019. Exploiting data on firms' "auxiliary" establishments, we develop a novel measure of proprietary in-house knowledge and show that it is associated...
Persistent link: https://www.econbiz.de/10013334346
Cover Image
Tertiarization Like China
Chen, Xilu; Pei, Guangyu; Song, Zheng Michael; … - National Bureau of Economic Research - 2022
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
Cover Image
Measuring Economic Growth with a Fully Identified Three-Signal Model
Civelli, Andrea; Gaduh, Arya; Yousuf, Ahmed Sadek - National Bureau of Economic Research - 2023
We augment Henderson, Storeygard, and Weil (2012)'s two-signal model of true income growth with a third signal to overcome its underidentification problem. The additional moment conditions from the third signal help fully identify all model parameters without ad-hoc calibrations of the GDP's...
Persistent link: https://www.econbiz.de/10014322903
Cover Image
Population Aging and Economic Growth : From Demographic Dividend to Demographic Drag?
Kotschy, Rainer; Bloom, David E. - National Bureau of Economic Research - 2023
This paper examines the extent to which changes in working-age shares associated with population aging might slow economic growth in upcoming years. We first analyze the economic effects of changing working-age shares in a standard empirical growth model using country panel data from 1950-2015....
Persistent link: https://www.econbiz.de/10014337818
Cover Image
Population and Welfare : The Greatest Good for the Greatest Number
Adhami, Mohamad; Bils, Mark; Jones, Charles I.; Klenow, … - National Bureau of Economic Research - 2023
kids associated with rising time investment per child …
Persistent link: https://www.econbiz.de/10014447320
Cover Image
Inequality, Growth, and Investment
Barro, Robert J. - 1999
and investment. However, for growth, higher inequality tends to retard growth in poor countries and encourage growth in …
Persistent link: https://www.econbiz.de/10012471762
Cover Image
Government Debt and Capital Accumulation in an Era of Low Interest Rates
Mankiw, Nicholas Gregory - National Bureau of Economic Research - 2022
This essay discusses the reasons for and implications of the decline in real interest rates around the world over the past several decades. It suggests that the decline in interest rates is largely explicable from trends in saving, growth, and markups. In this environment, greater government...
Persistent link: https://www.econbiz.de/10013210052
Cover Image
Current Account Fact and Fiction
Backus, David - 2009
features of the world at present are the low rates of investment and growth in some of the richest countries, whose surpluses … account for about half of the US deficit. The result is that financial capital is flowing out of countries with low investment …
Persistent link: https://www.econbiz.de/10012463124
Cover Image
Rebalancing Growth in Asia
Prasad, Eswar S. - 2009
growth. Investment growth has dominated GDP growth in China during this decade but is also important in the cases of India … and Vietnam. <br> <br>To examine the global implications of domestic growth patterns in Asia, I analyze saving-investment … region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving-investment …
Persistent link: https://www.econbiz.de/10012463480