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An Empirical Growth Model for Major Oil Exporters
Esfahani, Hadi Salehi - 2012
-run output equation with a coefficient equal to the share of capital (α). The long-run theory is tested using quarterly data on … results support the long-run theory. The existence of long-run relations between real output, foreign output and real oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy's steady state growth …
Persistent link: https://www.econbiz.de/10013107701
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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
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International Specialization and the Return to Capital
Batista, Catia - 2010
How does factor accumulation affect the pattern of international specialization and returns to capital? We provide a new integrated treatment to this question using a panel of 44 developing and developed countries over the period 1976-2000. We confirm the Heckscher-Ohlin prediction that, with...
Persistent link: https://www.econbiz.de/10013148352
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Earnings Over the Life Cycle : The Mincer Earnings Function and its Applications
Polachek, Solomon W. - 2021
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...
Persistent link: https://www.econbiz.de/10013316685
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Offshoring and Labor Markets
Hummels, David L. - 2016
its strength and weakness, discuss its connections with theory, and draw out potential policy implications of its findings …
Persistent link: https://www.econbiz.de/10012997459
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A Nonparametric Examination of Capital-Skill Complementarity
Henderson, Daniel J. - 2021
This paper uses nonparametric kernel methods to construct observation-specific elasticities of substitution for a balanced panel of 73 developed and developing countries to examine the capital-skill complementarity hypothesis. The exercise shows some support for capital-skill complementarity,...
Persistent link: https://www.econbiz.de/10013324750
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Globalised Labour Markets? International Rent Sharing Across 47 Countries
Martins, Pedro S. - 2010
We present evidence about the role of rent sharing in fostering the interdependence of labour markets around the world …
Persistent link: https://www.econbiz.de/10013136491
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Ethnic Fragmentation, Conflict, Displaced Persons and Human Trafficking : An Empirical Analysis
Akee, Randall - 2010
of international trafficking. We conduct a direct estimation, which highlights the ultimate impact of ethnic …
Persistent link: https://www.econbiz.de/10013138737
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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
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For Benevolence and for Self-Interest : Social and Commercial Entrepreneurial Activity Across Nations
Estrin, Saul - 2011
entrepreneurship. Unlike institutional void theory, we see social entrepreneurship as conditional on institutional quality, but …
Persistent link: https://www.econbiz.de/10013123596