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An Open-Economy Ramsey-Cass-Koopmans Model in Reduced Form

Spiro, Daniel - 2021

-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK … country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …

Persistent link: https://www.econbiz.de/10012657999

Pandemics, places, and populations: evidence from the Black Death

Jedwab, Remi; Johnson, Noel D.; Koyama, Mark - 2019

growth. On average, cities recovered their pre-Plague populations within two centuries. In addition, aggregate convergence …

Persistent link: https://www.econbiz.de/10012018215

Geography, institutions, and the making of comparative development

Auer, Raphael A. - 2012

While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I re-examine the theories put forward by La...

Persistent link: https://www.econbiz.de/10010283609

The Elusive Quest for the Holy Grail of an Impact of EU Funds on Regional Growth

Fidrmuc, Jan; Hulényi, Martin; Zajkowska, Olga - 2019

We analyze the impact of EU structural and cohesion funds on economic growth of European regions, using 2SLS to tackle the potential problem of endogeneity, and estimating a spatial model to account for inter-regional spillovers. We use the presence of environmentally protected areas (under the...

Persistent link: https://www.econbiz.de/10012179788

Dualism and cross-country growth regressions

Temple, Jonathan; Woessmann, Ludger - 2004

This paper examines whether growth regressions should incorporate dualism and structural change. If there is a differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total factor productivity. The paper develops empirical growth...

Persistent link: https://www.econbiz.de/10010261270

The Impact of the Spatial Population Distribution on Economic Growth : Evidence from the United States

Bürgi, Constantin; Gorgulu, Nisan - 2022

We look at a part of the spatial angle of economic growth. We introduce a new measure Spatial Population Concentration (SPC) that captures the weighted average population surrounding every person within a geographic area. The weights are a function of the distance between the person in question...

Persistent link: https://www.econbiz.de/10014243162

The Role of Human Capital and Innovation in Prussian Economic Development

Cinnirella, Francesco; Streb, Jochen - 2013

By merging individual data on valuable patents granted in Prussia in the late nineteenth century with county level information on literacy and income tax revenues we show that increases in the stock of human capital not only improved workers' productivity but also accelerated innovative...

Persistent link: https://www.econbiz.de/10010323011

Engineering Growth: Innovative Capacity and Development in the Americas

Maloney, William F.; Caicedo, Felipe Valencia - 2017

This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the engineer. It collects cross-country and state level data on the labor share of engineers for the Americas, and county level data on engineering and patenting for the US during...

Persistent link: https://www.econbiz.de/10011615894

The volatility curse: revisiting the paradox of plenty

van der Ploeg, Frederick; Poelhekke, Steven - 2009

The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population growth, human capital, investment, openness and natural resource dependence. This effect is significant and robust over a wide range of...

Persistent link: https://www.econbiz.de/10010276228

Islamic Banking, Credit and Economic Growth: Some Empirical Evidence

Caporale, Guglielmo Maria; Helmi, Mohamad Husam - 2016

This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets of seven emerging countries, the first without Islamic banks, and the second with a dual banking system including both Islamic and conventional banks. Unlike previous studies,...

Persistent link: https://www.econbiz.de/10011431249