Showing 1 - 10 of 438
industrialization itself. We find that basic education significantly accelerated non-textile industrialization in both phases of the …
Persistent link: https://www.econbiz.de/10010269478
agriculture and focus on the literature on entrepreneurship in Africa's structural transformation. I present a conceptual model to …
Persistent link: https://www.econbiz.de/10011401794
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10010273741
Government-run entities are often more labor-intensive than private companies, even with identical production technologies. This need not imply slack in the public sector, but may be a rational response to its wage tax advantage over private firms. A tax-favored treatment of public production...
Persistent link: https://www.econbiz.de/10010262155
Recent controversy has surrounded the relative value of public and private sector remuneration. We define a comprehensive measure of Total Reward (TR) which includes not just pay, but pensions and other 'benefits in kind', evaluate it as the present value of the sum of all these payments over...
Persistent link: https://www.econbiz.de/10010278521
new technological paradigm, which delayed their industrialization and, hence, their take-off to a state of sustained … development in the agricultural stage but has had a negative impact on income per capita in the course of industrialization; and … economic development in the process of industrialization. …
Persistent link: https://www.econbiz.de/10010282579
This paper examines an economic union where oligopolistic firms produce by skilled and unskilled labor and do in-house R&D by skilled labor. The planner of the union accepts new members to the union, regulates the labor market through a minimum wage for unskilled labor and supports firms by...
Persistent link: https://www.econbiz.de/10010269270
estimators and applying a battery of robustness checks. Industrialization in Africa is driven by historical legacies such as …This paper identifies the determinants of industrialization in 18 African countries, 1965 to 2018, using various …-shape relationship between industrialization and GDP per capita is consistent with (premature) de-industrialization. Technological change …
Persistent link: https://www.econbiz.de/10014296787
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
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