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The Phantom of the Opera : Cultural Amenities, Human Capital, and Regional Economic Growth

Falck, Oliver - 2020

We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a...

Persistent link: https://www.econbiz.de/10012857538

Local Employment Growth in West Germany : A Dynamic Panel Approach

Blien, Uwe; Suedekum, Jens; Wolf, Katja - 2021

In this paper we study the dynamics of local employment growth in West Germany from 1980 to 2001. Using dynamic panel techniques, we analyse the timing of the impact of diversity and specialisation, as well as of the human capital structure of local industries. Diversity has a positive effect on...

Persistent link: https://www.econbiz.de/10013318319

Technical Change and Total Factor Productivity Growth for Chinese Provinces : A Panel Data Analysis

Shiu, Alice - 2006

We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic variances has been used for the estimation of...

Persistent link: https://www.econbiz.de/10012780059

Solow or Lucas? Testing Speed of Convergence on a Panel of OECD Countries

Arnold, Jens Matthias - 2010

them as regards the relationship between factor shares and speed of convergence. Using cross-country/time-series data, we … specify our growth regression without imposing cross-country homogeneity restrictions on the speed of convergence and short …-run parameters. Indeed, both theoretical models imply that the speed of convergence to the steady state differs across countries due …

Persistent link: https://www.econbiz.de/10013136719

Ethnic Fragmentation, Conflict, Displaced Persons and Human Trafficking : An Empirical Analysis

Akee, Randall - 2010

Ethnic conflicts and their links to international human trafficking have recently received a surge in international attention. It appears that ethnic conflicts exacerbate the internal displacement of individuals from networks of family and community, and their access to economic and social...

Persistent link: https://www.econbiz.de/10013138737

Should Easier Access to International Credit Replace Foreign Aid?

Bandyopadhyay, Subhayu - 2011

We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...

Persistent link: https://www.econbiz.de/10013119295

Human Capital and Growth : Specification Matters

Sunde, Uwe - 2011

This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...

Persistent link: https://www.econbiz.de/10013120134

The Asymmetric Experience of Positive and Negative Economic Growth : Global Evidence Using Subjective Well-Being Data

De Neve, Jan‐Emmanuel - 2015

Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth are experienced. We find that measures of life satisfaction and affect are more than twice as sensitive to...

Persistent link: https://www.econbiz.de/10013025309

Does Reform Work? An Econometric Examination of the Reform-Growth Puzzle

Babetskii, Ian; Campos, Nauro F. - 2021

Why are socially beneficial reforms not implemented? One simple answer to this question (which has received little attention in the literature) is that this may be caused by generalized uncertainty about the effectiveness of reforms. If agents are unsure about whether a proposed reform will...

Persistent link: https://www.econbiz.de/10013317203

Violent Conflict and Inequality

Bircan, Cagatay - 2010

This paper analyzes the distributive impacts of violent conflicts, which is in contrast to previous literature that has focused on the other direction. We use cross-country panel data for the time period 1960-2005 to estimate war-related changes in income inequality. Our results indicate rising...

Persistent link: https://www.econbiz.de/10013141730