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Technological progress, artificial intelligence, and inclusive growth
Korinek, Anton; Schindler, Martin; Stiglitz, Joseph E. - 2021
Advances in artificial intelligence and automation have the potential to be labor-saving and to increase inequality and poverty around the globe. They also give rise to winner-takes-all dynamics that advantage highly skilled individuals and countries that are at the forefront of technological...
Persistent link: https://www.econbiz.de/10012612326
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Scaling up quality infrastructure investment in South Asia
Bizimana, Olivier; Jaramillo Echeverri, Laura; Thomas, Saji - 2021
South Asia needs large infrastructure investments to achieve its development goals, and public investment can also … public infrastructure was a key driver of productivity growth in South Asia. Going forward, higher public infrastructure … reap the most benefits from higher infrastructure investment, South Asian countries need to manage fiscal risks carefully …
Persistent link: https://www.econbiz.de/10012613693
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Efficiency-adjusted public capital, capital grants, and growth
Crivelli, Ernesto - 2017
Recent literature has explored the relationship between efficiency-adjusted public capital and economic growth. A debate on whether capital grants, and especially EU funds actually contribute to growth has gained prominence lately. This paper empirically assesses the relationship between the...
Persistent link: https://www.econbiz.de/10011705315
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Efficiency-adjusted public capital and growth
Gupta, Sanjeev; Kangur, Alvar; Papageorgiou, Chris; … - 2011
Persistent link: https://www.econbiz.de/10009422427
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Infrastructure and income distribution in ASEAN-5 : what are the links?
Seneviratne, Dulani; Sun, Yan - 2013
Persistent link: https://www.econbiz.de/10009706785
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Public Capital and Growth
Arslanalp, Serkan - 2010
This paper estimates the impact of public capital on economic growth for forty-eight OECD and non-OECD countries during 1960 - 2001. Using the production function and its extensions, it finds a positive - but concave - elasticity of output with respect to public capital, which is robust to...
Persistent link: https://www.econbiz.de/10014412197
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The Impact of Public Capital, Human Capital, and Knowledgeon Aggregate Output
Joutz, Frederick L. - 2008
This paper investigates the impact of public capital on private sector output by testing and estimating an aggregate production function for the U.S. economy over the postwar period augmented to include the stock of public capital as an additional factor input. We use patent applications to...
Persistent link: https://www.econbiz.de/10014401381
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Efficiency-Adjusted Public Capital and Growth
Gupta, Sanjeev - 2011
This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital is a significant contributor to economic growth. Although the estimated coefficient for the income...
Persistent link: https://www.econbiz.de/10014398314
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Public Capital and Output Growth in Portugal : An Empirical Analysis
Ligthart, Johanna Elisabeth - 2000
The paper investigates the growth effects of public capital in Portugal using annual data for the period 1965-95. Both a production function and a vector autoregressive model are estimated. Public capital is shown to be a significant long-term determinant of output growth. The size of the...
Persistent link: https://www.econbiz.de/10014399668
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Gender inequality and economic growth : evidence from industry-level data
Bertay, Ata Can; Dordevic, Ljubica; Sever, Can - 2020
We study whether higher gender equality facilitates economic growth by enabling better allocation of a valuable resource: female labor. By allocating female labor to its more productive use, we hypothesize that reducing gender inequality should disproportionately benefit industries with...
Persistent link: https://www.econbiz.de/10012252673