Showing 1 - 10 of 2,497
This paper explores the question of structural transformation and income distribution through the eyes of the pioneer in such analysis, Simon Kuznets. It argues that his 1955 paper stands the test of time in providing insights which are relevant to understanding current phenomena like the...
Persistent link: https://www.econbiz.de/10012960255
We analyze how globalization has affected the sectoral anatomy of regional growth in Germany over the period 1978 … into one of three groups, with "protrend", "anti-trend" or "featureless" growth. Afterwards we propose an explanation why a … particular region ended up in one of those groups: We argue that the regional profiles of growth and change are systematically …
Persistent link: https://www.econbiz.de/10013054568
endogenous growth approach – will be contrasted with the Schumpeterian and evolutionary views pointing to the role of … capabilities and knowledge, considered as key inputs to foster economic growth.Then, attention will be turned to structural change …
Persistent link: https://www.econbiz.de/10013033677
skills. In particular, the prescriptions by the conventional trade theory will be contrasted with a view taking into account …
Persistent link: https://www.econbiz.de/10012909972
This paper introduces a novel approach for dealing with the 'curse of dimensionality' in the case of large linear dynamic systems. Restrictions on the coefficients of an unrestricted VAR are proposed that are binding only in a limit as the number of endogenous variables tends to infinity. It is...
Persistent link: https://www.econbiz.de/10013316638
There is a growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well … flexible sector more intensive in the input that becomes more abundant. As a result, growth rates of sectoral capital …
Persistent link: https://www.econbiz.de/10013024921
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the … effects, with increases in that age group exerting strong positive effects on GDP growth, and negative effects on the CAB and …
Persistent link: https://www.econbiz.de/10013155560
ethnic Germans from Eastern Europe to West Germany after World War II as a natural experiment to study this question. A …
Persistent link: https://www.econbiz.de/10013104055
growth in market and home production. We focus on the substitutions between market and home production and on the structural … services without violating balanced aggregate growth. We find support for the model's predictions in long-run US data …
Persistent link: https://www.econbiz.de/10013317253
We document the nature of structural changes in employment to understand "jobless" growth in Irish Manufacturing in the … small non-exporting plants which supported exporting growth through forward vertical linkages within each sector …
Persistent link: https://www.econbiz.de/10013316630