There is a growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well … production in the more flexible sector more intensive in the input that becomes more abundant. As a result, growth rates of …

Many countries in the developed world are ageing in terms of their distribution of population. Conversely, a number of … dependency ratio lower than that of the ageing countries. The economic growth such a large share of working age population can … infrastructure seems to create significant hurdles in the potential growth path such countries can achieve. We investigate through an …

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the …

effectiveness of growth in reducing poverty; whereas an adverse direct effect of initial poverty on growth - which is recognized as …

Theory predicts that global economic growth will stagnate and even come to an end due to slower and eventually negative … growth in population. It has been claimed, however, that Artificial Intelligence (AI) may counter this and even cause an … economic growth explosion. In this paper, we critically analyse this claim. We clarify how AI affects the ideas production …

the effects of migration on the accumulation of both knowledge and human capital, by invoking endogenous growth theory … or complements. Complementarity/substitutability hinges on whether countries share the same technology, and the pivotal … question is whether or not technology is convex. Generally, under substitutability between trade and migration and with convex …

This study investigates the relationship between economic growth and democracy by estimating a nation's production … effects representing technological changes of unknown forms. In addition to the unknown forms, implementing the technology … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results …