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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
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Convergence to the Managerial Frontier
Maloney, William F.; Sarrias, Mauricio - 2014
to study the changes in the within country distribution of management quality associated with country convergence to the … those of its close competitors. Part of the process of convergence to the frontier across the development process represents … that lag the frontier benchmark. Among potential explanatory variables that may drive convergence, ownership and human …
Persistent link: https://www.econbiz.de/10010377372
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Convergence to the Managerial Frontier
Maloney, William F.; Sarrias, Mauricio - Institute for the Study of Labor (IZA) - 2014
to study the changes in the within country distribution of management quality associated with country convergence to the … those of its close competitors. Part of the process of convergence to the frontier across the development process represents … that lag the frontier benchmark. Among potential explanatory variables that may drive convergence, ownership and human …
Persistent link: https://www.econbiz.de/10010790511
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Informality and Long-Run Growth
Docquier, Frédéric; Müller, Tobias; Naval, Joaquín - 2014
-skilled workers from extreme poverty in the short-run, it prevents income convergence between developed and developing nations in the …
Persistent link: https://www.econbiz.de/10010328942
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The Decision to Become an Entrepreneur and the Firm Size Distribution: A Unifying Framework for Policy Analysis
Poschke, Markus - 2013
Developing and emerging economies have high entrepreneurship rates and relatively many small firms. There is enormous heterogeneity among these firms and entrepreneurs. This paper presents a simple occupational choice model that captures motives for entrepreneurship at both edges of the size...
Persistent link: https://www.econbiz.de/10010329112
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Efficiency, Inefficiency and the MENA Frontier
Christopoulos, Dimitris; McAdam, Peter - 2015
In a stochastic frontier setting, we examine technical efficiency in the Middle East and North Africa (MENA). Evidence suggests that in addition to economic indicators, political and social ones play a key role in development and frontier technical efficiency profiles. The MENA have been...
Persistent link: https://www.econbiz.de/10011605802
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Monetary Policy, Growth and Employment in Developing Areas: A Review of the Literature
Junankar, Pramod N. (Raja) - 2019
In this paper we review the literature on the impact that monetary policy has on growth and employment in developing countries. Much of the literature focusses on the impact of monetary policy on inflation levels and inflation volatility, and sometimes on output (GDP) levels and volatility of...
Persistent link: https://www.econbiz.de/10012005898
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Subjective well-being, income, economic development and growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2010
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/10010274556
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Slavery, education, and inequality
Bertocchi, Graziella; Dimico, Arcangelo - 2010
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10010278600
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Labor Market Power and Development
Armangué-Jubert, Tristany; Guner, Nezih; Ruggieri, … - 2023
Imperfect competition in labor markets can lead to efficiency losses and lower aggregate output. In this paper, we study whether differences in competitiveness of labor markets can help explain differences in GDP per capita across countries. We structurally estimate a model of oligopsony with...
Persistent link: https://www.econbiz.de/10014469352