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Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of … ethnic Germans from Eastern Europe to West Germany after World War II as a natural experiment to study this question. A … sectors, predicts that immigration boosts output per worker by expanding the high-productivity sector, but decreases output …
Persistent link: https://www.econbiz.de/10009558962
from the EUKLEMS database. Our main findings are as follows. Over 2000-2005, market sector labour productivity grew at 2 … innovation contributed 61% (=(1.24+0.45)/2.74)of labour productivity growth over the period. -- Innovation ; productivity growth …
Persistent link: https://www.econbiz.de/10003811075
Or Paradox Regained? The answer is Paradox Regained. New data confirm that for countries worldwide long-term trends in happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a different conclusion, aside from problems of data...
Persistent link: https://www.econbiz.de/10011450390
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
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over nearly two decades, for samples split by education, and age - to our knowledge for the first time. The highly educated went from lowest to highest LS, though their average...
Persistent link: https://www.econbiz.de/10011770417
This study investigates the relationship between economic growth and democracy by estimating a nation's production function specified as static and dynamic models using panel data. In estimating the production function, it applies a single time trend, multiple time trends and the general index...
Persistent link: https://www.econbiz.de/10011704213
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason for the contradiction is social comparison. At a point...
Persistent link: https://www.econbiz.de/10012372750
, in turn, would positively affect productivity and health - among other behavioral outcomes - and thereby instill a …
Persistent link: https://www.econbiz.de/10012803715
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10009152425
Existing growth research provides little explanation for the very large differences in long-run growth performance across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of economic institutions and quantitative measures of...
Persistent link: https://www.econbiz.de/10009315299