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Engineering growth : innovative capacity and development in the Americas
Maloney, William F.; Caicedo, Felipe Valencia - 2017
This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the engineer. It collects cross-country and state level data on the labor share of engineers for the Americas, and county level data on engineering and patenting for the US during...
Persistent link: https://www.econbiz.de/10011602763
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The economics of attention
Loewenstein, George F.; Wojtowicz, Zachary - 2023
Attention is a pivotal resource in the modern economy and plays an increasingly prominent role in economic analysis. We summarize research on attention from both psychology and economics, placing a particular emphasis on its capacity to explain numerous documented violations of classical...
Persistent link: https://www.econbiz.de/10014383940
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Machine learning indices, political institutions, and economic development
Gründler, Klaus; Krieger, Tommy - 2018
democracy (186 countries, 1960-2014). The method takes its name from a machine learning technique for pattern recognition and … economic development, and find that democracies grow faster than autocracies. Furthermore, we illustrate how the estimation …
Persistent link: https://www.econbiz.de/10011804191
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Economic challenges in the Anthropocene
Musu, Ignazio - 2013
development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density …
Persistent link: https://www.econbiz.de/10010223439
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Feeling the heat : temperature, physiology & the wealth of nations
Heal, Geoffrey; Park, Jisung - 2014
social welfare has important implications for both the economics of climate change and comparative development. …
Persistent link: https://www.econbiz.de/10010250034
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Priority roads : the political economy of Africa's interior-to-coast roads
Bonfatti, Roberto; Gu, Yuan; Poelhekke, Steven - 2019
Africa's interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...
Persistent link: https://www.econbiz.de/10011966676
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Does pension privatization increase economic growth? : evidence from Latin America and Eastern Europe
Altiparmakov, Nikola; Nedeljkovic, Milan - 2016
Analyses of pension funding effects on economic growth need to differentiate between "carve-out" pension privatization in Latin America and Eastern Europe and typical "add-on" pension funding in Western Europe and North America. We find no evidence that pension privatization in Latin America and...
Persistent link: https://www.econbiz.de/10011536201
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Redistribution or education? : the political economy of the social race
Bernasconi, Michele (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003496522
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Measurement error in education and growth regressions
Portela, Miguel (contributor); Alessie, Rob (contributor);  … - 2006
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …
Persistent link: https://www.econbiz.de/10003301163
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Elite education, mass education, and the transition to modern growth
Strulik, Holger; Werner, Katharina - 2015
initiated without mass education, which is triggered later by technical progress and economic development. …We propose an innovation-driven growth model in which education is determined by family background and cognitive … ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …
Persistent link: https://www.econbiz.de/10011392484