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capital on GDP per capita, and second, a permanent increase in migration ows has a positive effect on productivity growth …This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 …. However, the growth impact of immigration is small even in countries that have highly selective migration policies. …
Persistent link: https://www.econbiz.de/10010533072
between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can … (economic growth). Our findings for the Associations of Southeast Asian Nations (ASEAN), People Republic of China and India (ACI …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U …
Persistent link: https://www.econbiz.de/10010531112
A Schumpeterian growth model is constructed for an economy with wage bargaining. It is shown that the economy is … growth rate of the economy decreases. The growth cycle can be socially optimal. An elasticity rule is given for when the …
Persistent link: https://www.econbiz.de/10011514161
change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth … shares and in automation capital. Second, we analyse and calibrate a neoclassical growth model extended to include factor …
Persistent link: https://www.econbiz.de/10013206154
, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …
Persistent link: https://www.econbiz.de/10011810111
We introduce distributive justice into a simple model of growth and distribution. Two groups ("classes") of otherwise … supplies one unit of labour inelastically and desires a wage; and that the labour share impacts growth negatively in our "AK … conflict is resolved by the two positive and three normative criteria we consider. Thus, the macroeconomy (growth, factor …
Persistent link: https://www.econbiz.de/10011996775
Patience affects economic growth, no news. This paper investigates the opposite causal relationship, i.e., how growth … depends on economic growth. We test empirically this result using both country-level and individual data and show that …, coherently with the model's prediction, growth has a significant impact on the effort to teach patience. …
Persistent link: https://www.econbiz.de/10013285513
growth. On average, cities recovered their pre-Plague populations within two centuries. In addition, aggregate convergence …
Persistent link: https://www.econbiz.de/10011977143
's foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …
Persistent link: https://www.econbiz.de/10011665623
is found that patents ought to be weaker, the more intense competition, the higher R&D productivity, and the more … intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot … and growth carries over to the Cournot set-up. -- competition ; imitation ; innovation ; Schumpeterian growth ; sector …
Persistent link: https://www.econbiz.de/10003982010