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monetary model are not fully robust to data frequency and alternative estimation periods, either. Nevertheless, adding openness …
Persistent link: https://www.econbiz.de/10010554826
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to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing …Historically, episodes of rapid growth are accompanied by significant structural change. In this paper we therefore aim … economies. To fix ideas we present an extension of Barro, Mankiw and Sala-i-Martin?s (1995) growth model that incorporates two …
Persistent link: https://www.econbiz.de/10010263207
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10010278252
at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use …
Persistent link: https://www.econbiz.de/10012389581
We examine the relationship between wealth and health through prominent growth indicators and cognitive ability … of cognitive ability. The growth indicators utilized are GDP per capita, schooling, overall and manufacturing … consideration and conclude that the relationship between all prominent growth indicators and BMI is inverse U-shaped. In other words …
Persistent link: https://www.econbiz.de/10013373847
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We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian … off-shoring”) is beneficial for productivity growth, while the off-shoring of services is not. We also find that the way … productivity growth is there with our direct measures based on input-output data but disappears when either a broad measure or the …
Persistent link: https://www.econbiz.de/10005181530
What determines the structure of labour market institutions? This paper argues that common explanations based on rent sharing are incomplete; unions, job protection, and egalitarian pay structures may have as much to do with social insurance of otherwise uninsurable risks as with rent sharing and...
Persistent link: https://www.econbiz.de/10010321727
in countries with worse institutions or that lack trade and financial openness. …
Persistent link: https://www.econbiz.de/10010278277