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The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010510592
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the … microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to …
Persistent link: https://www.econbiz.de/10010516460
.S. employers to estimate the effects of financial access on employment growth. Our methods combine regressions with matching on … constraints impede small business growth prior to loan receipt. We also investigate the variation in estimated employment effects …
Persistent link: https://www.econbiz.de/10011309136
This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust …
Persistent link: https://www.econbiz.de/10009763283
Using a bootstrap panel analysis that allows for cross-country dependence, without requiring the use of pre-tests for a unit root, we study the causality links between energy use and employment for a sample of 16 African countries over the 1991-2010 period (according to availability of...
Persistent link: https://www.econbiz.de/10010380039
Large international differences in the price of labor can be sustained by differences between workers, or by natural and policy barriers to worker mobility. We use migrant selection theory and evidence to place lower bounds on the ad valorem equivalent of labor mobility barriers to the United...
Persistent link: https://www.econbiz.de/10011454010
aggregate labor supply and savings. Next, we turn to economic growth, and describe how accounting for families is central for …
Persistent link: https://www.econbiz.de/10011454407
growth of African countries primarily due to the high prevalence of agriculture in these countries. But with avenues of … countries in the East African Community (EAC). Recently, the growth rate of the service sector has been impressive in the … sales growth, innovation and turnovers of service firms. The results show the factors that have contributed to the …
Persistent link: https://www.econbiz.de/10011520971
policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …
Persistent link: https://www.econbiz.de/10010469677
We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require …
Persistent link: https://www.econbiz.de/10010469680