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Infrastructure and gowth : empirical evidence

Égert, Balázs; Kozluk, Tomasz; Sutherland, Douglas - 2009

Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on … infrastructure investment in telecommunications and the electricity sectors has a robust positive effect on long-term growth (but not …

Persistent link: https://www.econbiz.de/10003857148

Infrastructure and inequality : insights from incorporating key economic facts about household heterogeneity

Klenert, David; Mattauch, Linus; Edenhofer, Ottmar; … - 2014

We study the trade-off between equity and growth in the context of tax-financed investment in public capital. Taking into account stylized facts on wealth accumulation, we model agent heterogeneity through differences in saving behavior, income source and time preference. In contrast to the...

Persistent link: https://www.econbiz.de/10010412378

Pork, infrastructure and growth : evidence from the Italian railway expansion

Bonfatti, Roberto; Facchini, Giovanni; Tarasov, Alexander; … - 2021

This paper studies the role played by politics in shaping the Italian railway network, and its impact on long-run growth patterns. Examining a large state-planned railway expansion that took place during the second half of the 19th century in a recently unified country, we first study how both...

Persistent link: https://www.econbiz.de/10012601981

Coping with change : international differences in the returns to skills

Hanushek, Eric Alan; Schwerdt, Guido; Wiederhold, Simon; … - 2016

Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have...

Persistent link: https://www.econbiz.de/10011544331

Product variety and economic growth : empirical evidence for the OECD countries

Funke, Michael; Ruhwedel, Ralf - 2000

Utilizing panel data for 19 OECD countries we find suppor t for the hypothesis that a greater degree of product variety relative to the US helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from 6-digit OECD export...

Persistent link: https://www.econbiz.de/10009781524

Ideologically-charged terminology : austerity, fiscal consolidation, and sustainable governance

Gründler, Klaus; Potrafke, Niklas - 2019

Scholars have been active in investigating causes and consequences of austerity policies. We examine how economists use the term "austerity" in scientific studies and measure austerity in empirical analyses. The sample includes around 3,500 journal articles published in the top 400 journals...

Persistent link: https://www.econbiz.de/10011997341

Tax policy and economic growth : does it really matter?

Baiardi, Donatella; Profeta, Paola; Puglisi, Riccardo; … - 2017

We challenge the "OECD view" (Arnold et al. 2011) according to which a shift from direct to indirect taxation is associated with higher long-run economic growth. We study the relationships between per capita GDP, overall tax revenue and tax composition (in particular direct vs. indirect...

Persistent link: https://www.econbiz.de/10011603117

The contribution of human capital and its policies to per capita income in Europe and the OECD

Égert, Balázs; Botev, Jarmila; Turner, David - 2020

This paper studies empirically the effect of education policies on human capital and per capita income. The results suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and universities, a lower student-to-teacher ratio, higher age...

Persistent link: https://www.econbiz.de/10012388211

Income inequality in OECD countries : data and explanations

Atkinson, Anthony B. - 2003

There is much disagreement about both the facts and the explanations of income inequality. Even if we confine attention to OECD countries, we find people arguing that there has been a great U-turn, with inequality rising sharply after its post war fall, and others who believe that the speed of...

Persistent link: https://www.econbiz.de/10011506422

Does venture capital investment spur employment growth?

Belke, Ansgar; Fehn, Rainer; Foster-McGregor, Neil - 2003

Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...

Persistent link: https://www.econbiz.de/10011507850

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