Showing 1 - 10 of 122
This paper examines whether growth regressions should incorporate dualism and structural change. If there is a … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than … labour can explain a significant fraction of the international variation in TFP growth. …
Persistent link: https://www.econbiz.de/10005181232
priorities must be re-oriented towards potentially productive spending programmes. A simple economic growth model illustrates … that the current EU budget setting is, at best, neutral with respect to the EU-wide long-term growth potential and may … actually hamper growth in the majority of the EU countries if the distortionary nature of taxation is taken into account. …
Persistent link: https://www.econbiz.de/10005765736
We investigate the determinants of the education gender gap in Italy in historical perspective with a focus on the influence of family structure. We capture the latter with two indicators: residential habits (nuclear vs. complex families) and inheritance rules (partition vs. primogeniture)....
Persistent link: https://www.econbiz.de/10010877959
convergence to market equilibrium. It is expedient that some parties have differentiable objectives or make strictly feasible …
Persistent link: https://www.econbiz.de/10010721608
distance. Furthermore, there is little evidence of income convergence. Using various methods and data sets, we show that many …
Persistent link: https://www.econbiz.de/10005766052
might be spurious. However, significant evidence of growth convergence is found, a result which is reasonably robust to the … choice of the sample period and country groupings. Non-convergence of log per capita outputs combined with growth convergence …This paper proposes a pair-wise approach to testing for output convergence that considers all N(N-1)/2 possible pairs …
Persistent link: https://www.econbiz.de/10005766053
This paper analyses the long memory properties of quarterly real output per capita in the US (1948Q1 – 2008Q3) using non-parametric, semi-parametric and parametric techniques. The results vary substantially depending on the methodology employed. Evidence of mean reversion is obtained in a...
Persistent link: https://www.econbiz.de/10004979424
This paper investigates cross-country productivity convergence at a sectoral level using multivariate unit-root tests … data. Third, when the null hypothesis of non convergence is rejected, a second test determines the number of converging … countries. Based on a sample of thirteen OECD countries our results show evidence of convergence in three out of six sectors …
Persistent link: https://www.econbiz.de/10005094386
than firms in western Germany. The paper also examines some of the possible correlates of regional variations in firm …
Persistent link: https://www.econbiz.de/10005181620
The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural refoms in the (low distortion) member countries and the (high distortion) candidate country. While monetary union lowers reforms in the candidate country, members of the monetary...
Persistent link: https://www.econbiz.de/10005196338