Showing 1 - 10 of 124
A flat tax rate on income has gained popularity in European countries. This paper assesses the attractiveness of such a flat tax in achieving redistributive objectives with the least cost to labour market performance. We do so by using a detailed applied general equilibrium model for the...
Persistent link: https://www.econbiz.de/10012777829
growth models estimated across world regions, these low levels of cognitive skills can account for the poor growth … comparable income data. Our growth analysis using these data confirms the significant effects of cognitive skills on intra …
Persistent link: https://www.econbiz.de/10013158651
The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...
Persistent link: https://www.econbiz.de/10012774497
In this paper we present a new database that allows deep industry-level growth accounting from 1991-2003. The database … types in 52 different industries. The industry sources of productivity and output growth are crucial to the understanding of … enables researchers to develop an adequate picture of the sources of growth using standard growth accounting techniques. We …
Persistent link: https://www.econbiz.de/10012777641
We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect … allows tracking student achievement across countries, over time, and along the within-country distribution. Extensive … sensitivity analyses of cross-country growth regressions generate remarkably stable results across specifications, time periods …
Persistent link: https://www.econbiz.de/10012765255
strengthens in the process of endogenous growth and moreover that it pushes the optimal trade-off between quantity and quality of … in relation to GDP growth. Countering this trend would therefore require an increase in the share of GDP spent on basic …
Persistent link: https://www.econbiz.de/10013316411
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/10013316535
We estimate the effect of political regime transitions on growth with semi-parametric methods, combining difference in … parametric estimates may have seriously underestimated the growth effects of democracy. In particular, we find an average … negative effect on growth of leaving democracy on the order of -2 percentage points implying effects on income per capita as …
Persistent link: https://www.econbiz.de/10013317020
of organization of major interest groups has an impact on political outcomes and, in addition, allows for strategic … interaction among major interest groups. We decompose the overall inefficiency into three components: (i) a fundamental time … unavoidable conflict of interest. A numerical exercise (based on OECD data) shows that the distributional-conflict inefficiency …
Persistent link: https://www.econbiz.de/10013317028
other natural resources determines structural change and economic development. A more equal distribution of natural … resources promotes structural change and growth through two channels: First, by weakening oligopsony power of owners and thereby … earned in the primary goods sector. Second, by shifting the distribution of political power from resource owners towards the …
Persistent link: https://www.econbiz.de/10005765922