Showing 1 - 10 of 1,098
Policies supporting investment in renewable electricity have been a cornerstone of climate policy in many parts of the world. While previous empirical work explores the economic and environmental impacts of renewable production, the focus has exclusively been on the short-run impacts of...
Persistent link: https://www.econbiz.de/10012480633
Historically, innovation in the energy sector proceeded slowly and entrepreneurial start-up firms played a relatively minor role. We argue that this may be changing. Energy markets are going through a period of profound structural change. The rise of hydrofracturing lowered fossil fuel prices so...
Persistent link: https://www.econbiz.de/10012481728
This paper provides evidence on the unit root hypothesis and long-term growth by allowing for two structural breaks. We reject the unit root hypothesis for three-quarters of the countries approximately 50% more rejections than in models that allow for only one break. While about half of the...
Persistent link: https://www.econbiz.de/10012472411
data from China and an equilibrium quantitative framework that features the sorting of workers across locations and … covering rural land in China during the period …
Persistent link: https://www.econbiz.de/10012814441
Persistent link: https://www.econbiz.de/10012480126
How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local...
Persistent link: https://www.econbiz.de/10012480470
relatively favorable demographic pattern in combination with market-oriented reforms and openness to the world economy, China is …, we assess the likelihood that China can make the necessary transition. Using data on expenditure on research and …
Persistent link: https://www.econbiz.de/10012455826
This paper studies growth and structural transformation of the Chinese economy from 1953 to 2012 through a lens of a two-sector growth model. The main goal of the paper is to provide a systematic analysis of both the pre-1978 reform and post-1978 reform periods in a unified framework. First, we...
Persistent link: https://www.econbiz.de/10012457271
increasing import penetration, China's entry into the WTO, and growing US multinational employment abroad. We find significant … between industry and occupational analyses. While other research has focused primarily on China's trade, we find that … offshoring to China has also contributed to wage declines among US workers. However, the role of trade is quantitatively much …
Persistent link: https://www.econbiz.de/10012457641
labor from local agricultural production leading to more firms. Using major highway programs in India and China, we find …
Persistent link: https://www.econbiz.de/10014544726