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Unemployment and Productivity Growth
Bräuninger, Michael; Pannenberg, Markus - 2000
Does a country?s level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of unemployment on productivity growth heavily depends...
Persistent link: https://www.econbiz.de/10010262354
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Does conflict disrupt growth? Evidence of the relationship between political instability and national economic performance
Polachek, Solomon W.; Sevastianova, Daria - 2010
Current empirical growth models limit the determinants of country growth to geographic, economic, and institutional variables. This study draws on conflict variables from the Correlates of War (COW) project to ask a critical question: How do different types of conflict affect country growth...
Persistent link: https://www.econbiz.de/10010269690
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Then and now: Reflections on two Australian mining booms
Gregory, Robert G. - 2011
Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by export price increases (trading gains) rather than export...
Persistent link: https://www.econbiz.de/10010280677
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Human Capital, Economic Growth, and Regional Inequality in China
Fleisher, Belton M.; Li, Haizheng; Zhao, Min Qiang - Institute for the Study of Labor (IZA) - 2008
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10005822282
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The Economic Impact of Non-communicable Disease in China and India: Estimates, Projections, and Comparisons
Bloom, David E.; Cafiero, Elizabeth T.; McGovern, Mark E.; … - 2013
This paper provides estimates of the economic impact of non-communicable diseases (NCDs) in China and India for the … five main NCDs will total USD 27.8 trillion for China and USD 6.2 trillion for India (in 2010 USD). For both countries, the … that the costs are much larger in China than in India mainly because of China's higher income and older population. Rough …
Persistent link: https://www.econbiz.de/10010329114
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Poverty, Inequality, and Growth in Urban China, 1986-2000
Meng, Xin; Gregory, Robert; Wang, Youjuan - 2005
Although urban China has experienced spectacular income growth over the last two decades, increases in inequality …
Persistent link: https://www.econbiz.de/10010262183
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Artificial Intelligence, Jobs, Inequality and Productivity: Does Aggregate Demand Matter?
Gries, Thomas; Naudé, Wim - 2018
Rapid technological progress in artificial intelligence (AI) has been predicted to lead to mass unemployment, rising inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i) surveying the recent literature and (ii)...
Persistent link: https://www.econbiz.de/10011984565
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Artificial Intelligence, Income Distribution and Economic Growth
Gries, Thomas; Naudé, Wim - 2020
The economic impact of Articial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel features. First, the task approach from labor economics is reformulated and integrated into a growth model. Second, the standard representative household assumption is rejected, so...
Persistent link: https://www.econbiz.de/10012270284
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The Decline in Entrepreneurship in the West: Is Complexity Ossifying the Economy?
Naudé, Wim - 2019
Entrepreneurship in most advanced economies is in decline. This comes as a surprise: many scholars have expected an upsurge in entrepreneurship. What are the reasons for the decline? In this paper I first document the extent of the decline in terms of entrepreneurial entry rates; the share of...
Persistent link: https://www.econbiz.de/10012141238
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The Race of Man and Machine: Implications of Technology When Abilities and Demand Constraints Matter
Gries, Thomas; Naudé, Wim - 2021
In "The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," Acemoglu and Restrepo (2018b) combine the task-based model of the labor market with an endogenous growth model to model the economic consequences of artificial intelligence (AI). This...
Persistent link: https://www.econbiz.de/10012597487