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literature. This exercise reveals that differences in productivity growth across sectors, combined with differences in …
Persistent link: https://www.econbiz.de/10010513155
There is a growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well … production in the more flexible sector more intensive in the input that becomes more abundant. As a result, growth rates of …
Persistent link: https://www.econbiz.de/10010513207
for illustrative purposes. The resulting dynamics reproduce a long period of stagnant growth as well as an endogenous and … rapid transition to a situation characterized by permanent growth. This transition can be interpreted as industrial …
Persistent link: https://www.econbiz.de/10005822453
purposes. The resulting dynamics reproduce a long period of stagnant growth as well as an endogenous and rapid transition to a … situation characterized by permanent growth. This transition can be interpreted as industrial revolution. Historical and …
Persistent link: https://www.econbiz.de/10010262667
formation, little longevity, high child mortality, large fertility and a sluggish income and productivity growth to a modern … growth regime in which lower net fertility is associated with the acquisition of human capital and improved living standards …
Persistent link: https://www.econbiz.de/10005763470
This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on economic growth. And second, the contribution of immigrants to human capital accumulation tends to dominate the …
Persistent link: https://www.econbiz.de/10011095489
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
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/10005030884
This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on economic growth. And second, the contribution of immigrants to human capital accumulation tends to dominate the …
Persistent link: https://www.econbiz.de/10010481589
Skill-biased technical change is usually interpreted in terms of the efficiency parameters of skilled and unskilled labor. This implies that the relative productivity of skilled workers changes proportionally in all tasks. In contrast, we argue that technical changes also affect the curvature of...
Persistent link: https://www.econbiz.de/10005822997