Showing 1 - 10 of 278
This paper examines how skill-biased growth can generate economic fragmentation (income dis-parities) that give rise to social fragmentation (the adoption of increasingly incompatible social identities and values), which generate political fragmentation (the adoption of increasingly incompatible...
Persistent link: https://www.econbiz.de/10012859600
expenditures in Asia. Neither do the results suggest that the nexus between globalisation and social expenditures varied across …
Persistent link: https://www.econbiz.de/10012892254
nineteenth century Habsburg Empire - one emphasizing the centrifugal impact of rising intra-empire of nationalism, the other …
Persistent link: https://www.econbiz.de/10010266002
production networks. In the 1970-80´s, South Asia stagnated due to its inward-oriented growth strategy and lack of infrastructure … connectivity-resulting in low trade integration and regional connectivity within the region and with Southeast and East Asia …. However, since 1991, South Asia, particularly India has adopted a Look East policy and opened its market raising huge …
Persistent link: https://www.econbiz.de/10010282051
Asia. Public spending and performance patterns differ hugely across countries. Asian “tigers” and some advanced countries …
Persistent link: https://www.econbiz.de/10013296721
We compare and contrast the economic growth performance of Estonia and Georgia since the collapse of the Soviet Union in 1991 in an attempt to understand better the extent to which the growth differential between the two countries can be traced to increased efficiency in the use of capital and...
Persistent link: https://www.econbiz.de/10010264255
Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...
Persistent link: https://www.econbiz.de/10010264296
Research on the elasticity of substitution between capital and labor - ó - has been proceeding for 75 years. While there is clearly a strong case for the importance of ó in the analysis of growth and other economic issues, much less agreement exists on the value of ó. This paper offers some...
Persistent link: https://www.econbiz.de/10010264314
This paper provides a comprehensive empirical assessment of the relation between the cyclicality of fiscal policy, output volatility, and economic growth, using a large cross-section of 88 countries over the period 1960 to 2004. Identification of the effects of (endogenous) cyclical fiscal...
Persistent link: https://www.econbiz.de/10010264336
The Easterlin paradox" suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...
Persistent link: https://www.econbiz.de/10010264434