Showing 1 - 10 of 189
Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly striking in view of the … large productivity gains in the United States during the same period. This paper shows that the deceleration in labor … productivity in the euro area was caused by structural changes in wage formation that have affected the relative price of labor …
Persistent link: https://www.econbiz.de/10014404033
Persistent link: https://www.econbiz.de/10009422237
This paper is the first to provide both theoretical and empirical evidence of farmland globalization whereby international investors directly acquire large tracts of agricultural land in other countries. A theoretical framework explains the geography of farmland acquisitions as a function of...
Persistent link: https://www.econbiz.de/10011866512
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as...
Persistent link: https://www.econbiz.de/10014397824
There are several theories linking land inequality with aspects of economic development. Empirical work on these theories has attempted to establish a relationship between land inequality and institutions, financial development, and education. This research, though, has relied on measures of...
Persistent link: https://www.econbiz.de/10014404044
Persistent link: https://www.econbiz.de/10011282718
Persistent link: https://www.econbiz.de/10009620960
It is generally acknowledged that the government's output is difficult to define and its value is hard to measure. The practical solution, adopted by national accounts systems, is to equate output to input costs. However, several studies estimate significant inefficiencies in government...
Persistent link: https://www.econbiz.de/10009620981
Persistent link: https://www.econbiz.de/10009756804
Persistent link: https://www.econbiz.de/10009756823