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"The authors follow the Hellerstein, Neumark, and Troske (1999) framework to estimate marginal productivity … differentials and compare them with estimated relative wages. The analysis provides evidence on productivity and nonproductivity … training on wages and productivity differentials. Higher education yields higher productivity. However, highly educated workers …
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"Are natural resources a blessing or a curse? Bravo-Ortega and De Gregorio present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth...
Persistent link: https://www.econbiz.de/10010522714
"Chen and Dahlman assess the effects of knowledge on economic growth. By using an array of indicators, each of which represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period 1960 to 2000, they show that knowledge is a...
Persistent link: https://www.econbiz.de/10010522968
, and recent evaluations suggest that they can be effective in increasing productivity and the chance of finding employment …
Persistent link: https://www.econbiz.de/10012564394
and total factor productivity growth in small and large states in the South. There are three main findings. First …, productivity growth increases with North-South trade-related technology diffusion and education and the interaction between the two … their interaction on productivity growth in small states is more than three times that for large countries, with the …
Persistent link: https://www.econbiz.de/10011394122
the positive effect of liberalization on productivity when they do not account for the endogeneity bias. On the theory …"There is a growing literature that investigates the effect of trade liberalization on productivity. Nearly all such … studies assume that trade policy is determined independently of productivity, hence it is exogenous. The author shows that …
Persistent link: https://www.econbiz.de/10010522136
for greater capital accumulation, without being fully reflected in a higher rate of total factor productivity (TFP) growth …
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