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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
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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 …
Persistent link: https://www.econbiz.de/10010522409
informality. The focus of this report is on exploring options to enhance worker welfare and firm productivity through access to …
Persistent link: https://www.econbiz.de/10012550673
creation, and suggest policies that will foster job creation and productivity. The study finds that, despite relatively low … an adaptable labor market that supports job creation and growth in productivity. …
Persistent link: https://www.econbiz.de/10012553570
creation, and suggest policies that will foster job creation and productivity. The study finds that, despite relatively low … an adaptable labor market that supports job creation and growth in productivity. …
Persistent link: https://www.econbiz.de/10012553571
concern: relatively few persons of working age are employed, and many of those who are employed have low-productivity jobs … policymakers in Armenia. Furthermore, it is important that in the longer term, wage growth does not exceed labor productivity …
Persistent link: https://www.econbiz.de/10012558041
"This paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the evidence is rather mixed, as no robust relationship between FDI and income growth has been established. The authors argue that countries need a sound business environment in the...
Persistent link: https://www.econbiz.de/10010522178
"Although Tanzania experienced relatively rapid growth in per capita GDP in the 1995-2001 period, household budget survey (HBS) data show only a modest and statistically insignificant decline in poverty between 1992 and 2001. To assess the likely trajectory of poverty rates over the course of...
Persistent link: https://www.econbiz.de/10010522902