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Does size matter? : implications of household size for economic growth and convergence

Kufenko, Vadim; Geloso, Vincent; Prettner, Klaus - 2018

-country convergence. When the observed changes in average household size across countries are taken into consideration, growth in living … divergence between different countries before 1950 is faster and the speed of convergence after 1950 is slower after adjusting …

Persistent link: https://www.econbiz.de/10011815287

Output, Growth, and Convergence in a Creative Region : An Analysis of Some Measurement Issues

Batabyal, Amitrajeet A. - 2017

creative regions. We focus first (second) on absolute (relative) convergence. In the absolute (relative) convergence case, the … convergence case, we analyze how to estimate the speed of convergence parameter (σ) and then discuss the relationship between the … variance of y<sub>j</sub>(t) and that of y<sub>j</sub>(0). In the relative convergence case, we study the error associated with …

Persistent link: https://www.econbiz.de/10012964104

Regional evidence on the finance-growth Nexus

Vaona, Andrea (contributor) - 2006

The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence on this issue in order to see if it can meet the data within a 140 years old economic union -- Italy -, in the ideal context for its main competitor - New Economic Geography -...

Persistent link: https://www.econbiz.de/10003347559

The implications of automation for economic growth and the labor share

Prettner, Klaus - 2016

We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of perpetual growth, even in the absence of technological progress; (ii) the long-run economic growth rate declines with population growth, which is consistent with the available...

Persistent link: https://www.econbiz.de/10011555095

The contribution of female health to economic development

Bloom, David E.; Kuhn, Michael; Prettner, Klaus - 2016

We analyze the economic consequences for less developed countries of investing in female health. We do this through developing and calibrating a novel micro-founded dynamic general equilibrium model in which parents trade off the number of children against investments in their education and in...

Persistent link: https://www.econbiz.de/10011533051

The scientific revolution and its role in the transition to sustained economic growth

Lehmann-Hasemeyer, Sibylle H.; Prettner, Klaus; … - 2020

We propose a Unified Growth model that analyzes the role of the Scienti fic Revolution in the takeoff to sustained modern economic growth. Basic scientific knowledge is a necessary input in the production of applied knowledge, which, in turn, fuels productivity growth and leads to rising...

Persistent link: https://www.econbiz.de/10012204877

Structural transformation and its relevance for economic growth in sub-Saharan Africa

Busse, Matthias; Erdogan, Ceren; Mühlen, Henning - 2017

In this paper, we analyse the role of structural transformation in view of the remarkable growth performance of sub-Saharan African countries since the mid-1990s. Our analysis covers 41 African countries over the period 1980 to 2014 and accounts for structural transformation by employing the...

Persistent link: https://www.econbiz.de/10011729148

Robots and the skill premium : an automation-based explanation of wage inequality

Lankisch, Clemens; Prettner, Klaus; … - 2017

We analyze the effects of automation on the wages of high-skilled and low- skilled workers and thereby on the evolution of wage inequality. Our model explains the simultaneous presence of i) increasing per capita GDP, ii) de-clining real wages of low-skilled workers, and iii) an increasing...

Persistent link: https://www.econbiz.de/10011729188

Macroeconomic constraints on economic development and poverty reduction : the case of Bolivia

Schweickert, Rainer - 2001

Bolivia's macroeconomic performance in the period 1994 to 1998 is analyzed and compared with the performance in former periods and the performance of other developing countries (grouped according to income, region, and debt status). This allows to assess what has been achieved in Bolivia since...

Persistent link: https://www.econbiz.de/10011490648

Die Entwicklungschancen Lateinamerikas : ein Blick über die Argentinien-Krise hinaus

Schweickert, Rainer - 2002

Der Beitrag analysiert die Argentinien-Krise, vergleicht die makroökonomische Entwicklung von Argentinien, Brasilien, Chile und Mexiko seit der Mexiko-Krise und entwickelt Indikatoren zur Beurteilung der Entwicklungschancen dieser Länder. Für Argentinien wie für Brasilien, Chile und Mexiko...

Persistent link: https://www.econbiz.de/10011491158