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Structural Change and the Kaldor Facts of Economic Growth

Foellmi, Reto; Zweimüller, Josef - 2002

We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...

Persistent link: https://www.econbiz.de/10010262779

Are we there yet? Time for checks and balances on new institutionalism

Iyigun, Murat - 2012

New institutionalism has had considerable success during the last decade in shepherding the debate on sustained economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three decades prove anything, however, it is that the late Mancur...

Persistent link: https://www.econbiz.de/10010290007

Social capital, innovation and growth: evidence from Europe

Akçomak, I. Semih; ter Weel, Bas - 2008

This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …

Persistent link: https://www.econbiz.de/10010277206

Employer preferences and social policy: Business and the development of job security regulations in Germany since World War I

Emmenegger, Patrick; Marx, Paul - 2010

This article examines the role of business in the historical development of job security regulations in Germany from their creation in the inter-war period to the dawn of the crisis of the 'German Model' in the 1980s. It contrasts the varieties of capitalism approach, which sees business as...

Persistent link: https://www.econbiz.de/10010269936

Prospective NATO or EU membership and institutional change in transition countries

Belke, Ansgar; Bordon, Ingo G.; Melnykovska, Inna; … - 2009

This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 we show that pre-accession incentives provided by EU and...

Persistent link: https://www.econbiz.de/10010278016

Land use rights, market transitions, and labor policy change in China (1980-4)

Chen, Yiu-por - 2012

This paper provides a systematic analysis of the way shifts in property utilization rights in China induced another sequence of institutional changes that led to the rise of rural-urban labor migration from 1980 to 1984, a critical period in the country's market transition. I show that the...

Persistent link: https://www.econbiz.de/10010282616

Structural change in a multi-sector model of growth

Ngai, L. Rachel; Pissarides, Christopher A. - 2005

We study a multi-sector model of growth with differences in TFP growth rates across sectors and derive sufficient conditions for the coexistence of structural change, characterized by sectoral labor reallocation, and balanced aggregate growth. The conditions are weak restrictions on the utility...

Persistent link: https://www.econbiz.de/10010267622

Jobless growth through creative destruction: Ireland's industrial development path 1972 - 2003

Li, Qi; Walsh, Patrick Paul; Whelan, Ciara - 2007

We document the nature of structural changes in employment to understand jobless growth in Irish Manufacturing in the aftermath of EEC/EU membership, 1972-2003. By 1972, forty years of protectionism and fifteen years of export promotion induced the coexistence of large exporting plants with...

Persistent link: https://www.econbiz.de/10010268324

The farm, the city, and the emergence of social security

Caucutt, Elizabeth M.; Cooley, Thomas F.; Guner, Nezih - 2008

In this paper we study the social, demographic and economic origins of social security. The data for the U.S. and for a cross section of countries make it clear that urbanization and industrialization are strongly associated with the rise of social insurance. We describe a model economy in which...

Persistent link: https://www.econbiz.de/10010268612

Structural change out of agriculture: labor push versus labor pull

Alvarez-Cuadrado, Francisco; Poschke, Markus - 2009

The process of economic development is characterized by substantial rural-urban migrations and a decreasing share of agriculture in output and employment. The literature highlights two main engines behind this process of structural change: (i) improvements in agricultural technology combined...

Persistent link: https://www.econbiz.de/10010269344

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