Showing 21 - 30 of 3,827
findings highlight how short-run fluctuations may influence medium-run economic growth through their impact on technology … analysis tracks the nature, timing, and pandemic-related motivations behind technology investments, using tailor …
Persistent link: https://www.econbiz.de/10015373911
The existence of an environmental limit in the Solow-Swan economy changes the nature of economic growth, but does not … preclude it. When atmospheric greenhouse gases reach a predetermined absolute threshold, further growth requires a permanently … effective constraint on economic growth. Yet growth in both quantities and relative prices remains a robust feature of this …
Persistent link: https://www.econbiz.de/10014464116
We test whether the growth experience of a sample of 21 OECD countries over the past three decades is more consistent … specify our growth regression without imposing cross-country homogeneity restrictions on the speed of convergence and short … to heterogeneity in population growth, technical change or progressiveness of income taxes. Our estimated speed of …
Persistent link: https://www.econbiz.de/10009154581
increase in all three variables. -- Trade ; technology diffusion ; growth ; Latin America … variables – education, governance or openness – result in virtuous growth cycles. These are smallest under an increase in trade …
Persistent link: https://www.econbiz.de/10003965601
This paper theoretically and empirically analyzes the interaction of emigration of highly skilled labor, an economy's income gap to potential host economies of expatriates, and optimal public infrastructure investment. In a model with endogenous education and R&D investment decisions we show...
Persistent link: https://www.econbiz.de/10003656920
Persistent link: https://www.econbiz.de/10002122032
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 …
Persistent link: https://www.econbiz.de/10014464111
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
referring to the above developments. -- Development economics ; information and communication technology ; foreign direct … investment ; globalization ; outsourcing ; technology ; capability ; energy ; trade flows ; inequality and poverty ; technology …
Persistent link: https://www.econbiz.de/10003646693
the traditional production model where technology is represented by a time trend. TFP growth is decomposed into … exogenous growth factors are used in modeling four technology shifter indices to explore development infrastructure, finances …, technology and human development determinants of TFP growth. Our results show that unobservable technical changes remain the most …
Persistent link: https://www.econbiz.de/10011595871