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Regional convergence in Russia : estimating a neoclassical growth model

Lehmann, Hartmut; Oščepkov, Aleksej Ju.; Silvagni, … - 2020

In this paper, we study convergence in per capita gross regional products across Russian regions in the period from … model to analyze the regional convergence process in the Russian case. We also take into account possible spatial effects … and do a series of other robustness checks. Our main estimates establish a convergence rate of around 2% per year. While …

Persistent link: https://www.econbiz.de/10012183996

Human capital quality and aggregate income differences : development accounting for US states

Hanushek, Eric Alan; Ruhose, Jens; Woessmann, Ludger - 2015

Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted...

Persistent link: https://www.econbiz.de/10011288586

Economic gains for US states from educational reform

Hanushek, Eric Alan; Ruhose, Jens; Woessmann, Ludger - 2015

There is limited existing evidence justifying the economic case for state education policy. Using newly-developed measures of the human capital of each state that allow for internal migration and foreign immigration, we estimate growth regressions that incorporate worker skills. We find that...

Persistent link: https://www.econbiz.de/10011407760

Education and growth with learning by doing

Marconi, Gabriele; Grip, Andries de - 2015

We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...

Persistent link: https://www.econbiz.de/10010529431

The asymmetric experience of positive and negative economic growth : global evidence using subjective well-being data

De Neve, Jan-Emmanuel; Ward, George W.; De Keulenaer, Femke - 2015

Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth are experienced. We find that measures of life satisfaction and affect are more than twice as sensitive to...

Persistent link: https://www.econbiz.de/10010498599

Left-handedness and economic development

Mariani, Fabio; Mercier, Marion; Pensieroso, Luca - 2021

This paper studies the interplay between left-handedness and economic development. To explain the decline and subsequent recovery of left-handedness observed over the last few centuries in the Western world, we propose a theory in which economic development influences the prevalence of...

Persistent link: https://www.econbiz.de/10012493880

Different versions of the Easterlin Paradox : new evidence for European countries

Kaiser, Caspar F.; Vendrik, Maarten C. - 2018

Richer people are happier than poorer people, but when a country becomes richer over time, its people do not become happier. This seemingly contradictory pair of findings of Richard Easterlin has be-come famous as the Easterlin Paradox. However, it was met with counterevidence. To shed more...

Persistent link: https://www.econbiz.de/10011951423

Diversity and growth

Grâdšṭayn, Marq; Justman, Moshe - 2018

The diversity of social interaction within economic communities affects productivity and growth, and is itself shaped by economic conditions. These reciprocal effects raise the possibility of multiple equilibria, of setting a socially polarized economy stagnating in poverty on a new path of...

Persistent link: https://www.econbiz.de/10011868728

Factor shares, redistribution and growth in a captured democracy

Vindigni, Andrea - 2024

variable taxes and lobbying. In addition, it is established the existence of a transitional dynamics featuring convergence to a … benchmark, mutatis mutandis. In the end, full convergence is established, from a pure democracy ruled through the de jure power …

Persistent link: https://www.econbiz.de/10014461501

Alberto Alesina (1957-2020) : man, researcher, Professor of Economics, popularizer

Vindigni, Andrea - 2023

This paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...

Persistent link: https://www.econbiz.de/10014390535